Oracle Cuts Up to 30,000 Employees — 18% of Workforce — via 6 AM Emails to Fund AI Data Centers
The Next Web·high signal
Oracle began executing what analysts believe is the largest layoff in the company's history on March 31, 2026, with employees across the US, India, Canada, and Mexico receiving termination emails from 'Oracle Leadership' at 6 AM local time with no prior warning. TD Cowen estimates 20,000-30,000 employees cut (~18% of 162K workforce), freeing $8-10 billion in cash flow to fund aggressive AI data center buildout. Entire teams at Revenue & Health Sciences and SaaS Virtual Operations saw 30%+ reductions.