Oracle has initiated another round of layoffs, sending termination emails to affected employees early Monday morning. The company has not disclosed how many positions were eliminated in this latest wave, but the cuts represent a continuation of a broader restructuring effort.
According to the source, Oracle’s workforce declined by roughly 21,000 employees, or 13%, during fiscal 2026, leaving approximately 141,000 people employed worldwide before the new cuts. Earlier estimates suggested Oracle’s overall 2026 restructuring could eventually affect between 20,000 and 30,000 positions, though that figure was not confirmed as applying solely to this latest round.
Oracle has raised the estimated cost of its fiscal 2026 restructuring plan by $700 million, bringing the total to approximately $2.8 billion. According to a regulatory filing cited in the source, this includes additional severance, contract termination, and other restructuring costs.
The layoff process itself drew attention for its timing and coordination. According to posts on Reddit reviewed by the source, federated logins were disabled at 4 a.m. Eastern Time, Slack access was cut between 5 a.m. and 5:30 a.m., and termination emails arrived at 6 a.m. Some employees reported discovering the cuts after waking up, while others said they learned they had been terminated when building access was denied.
The termination email, as reported by the source, stated that roles were eliminated “as part of a broader organisational change” and offered severance packages with terms varying by role and region. An internal document reviewed by Business Insider indicated that some teams experienced double-digit percentage cuts.
The source notes that some teams were significantly impacted—one user described losing half the staff within Oracle’s CSS organization, affecting directors, managers, and frontline staff in North American customer success teams.
Oracle has stated the restructuring comes as the company invests billions in AI and cloud infrastructure while seeking to improve efficiency. The source notes that Oracle has not made a public statement about whether AI systems are absorbing the work of eliminated roles, nor has the company publicly commented on this latest round of layoffs.
According to the source, Oracle is part of a broader wave of technology-sector job cuts in 2026, with Amazon, Dell, Uber, and PayPal also conducting significant workforce reductions during the same period.
Key facts
- Oracle’s workforce fell by approximately 21,000 employees (13%) in fiscal 2026, leaving roughly 141,000 employed before the new cuts
- The company raised its restructuring cost estimate by $700 million to a total of $2.8 billion
- Earlier estimates suggested the overall 2026 restructuring could affect 20,000-30,000 positions, though the current round’s scope is undisclosed
- Termination emails were sent at 6 a.m. Monday, with federated logins disabled at 4 a.m. and Slack access cut between 5 a.m. and 5:30 a.m.
- Some teams experienced double-digit percentage cuts, according to an internal document reviewed by Business Insider
- The restructuring is tied to Oracle’s investments in AI and cloud infrastructure