Oracle reportedly laid off thousands of employees due to data center expansion

2026-03-05 19:17:02

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Investing.com - According to Bloomberg on Thursday, Oracle Corp. plans to lay off thousands of employees as part of its efforts to address cash shortages caused by the large-scale expansion of AI data centers.

Reports indicate that the layoffs will affect multiple departments and could begin as early as this month. Some layoffs will target job categories expected to see reduced demand due to AI technology.

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The scope of these layoffs is expected to be broader than Oracle’s usual rolling layoffs. It is reported that Oracle announced internally this week that it will review many open positions in its cloud computing division, effectively slowing or freezing hiring processes.

Under the leadership of Chairman Larry Ellison, Oracle is building data centers on a large scale to support AI workloads for clients like OpenAI. The company has long been known for its database software and has been transforming in recent years, focusing on expanding its cloud computing business in the AI sector to compete with market leaders Amazon and Microsoft.

As of the end of May 2025, the company has approximately 162,000 employees worldwide. The layoff plans are still actively underway and may change.

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