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Searched Tag: oracle layoffs
Meta, Microsoft join layoff wave to bankroll AI infrastructure

Meta, Microsoft join layoff wave to bankroll AI infrastructure

April 30, 2026, 04:22 PM - 7 min read

The two tech giants join Atlassian, Block, WiseTech Global and Oracle, who have all made similar announcements this year, each evoking AI without outright blaming it.

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In an internal memo, the tech giant justified the move as a necessary step to "streamline operations," rendering numerous positions redundant.

Oracle cuts 30,000 jobs globally; 12,000 hit in India

April 1, 2026, 11:17 AM - 3 min read

While Oracle has yet to provide an official figure, the scale of the cull is estimated to be significant.

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Oracle Chairman Larry Ellison - file image.

AI cash crunch triggers Oracle layoffs

March 6, 2026, 12:50 PM - 3 min read

In an attempt to shore up its finances, the company recently announced plans to raise up to $50 billion this year through a mix of debt and equity.

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