Oracle is reportedly gearing up for another round of job cuts as it attempts to control staffing costs while committing billions of dollars to artificial intelligence infrastructure. According to reports, sources familiar with the situation and an internal document indicate that managers have been asked to identify employees who could face cuts.
Some teams could see double-digit percentage reductions, with the company seeking to trim payroll ahead of the start of its second quarter on 1 September. The move would follow a significant workforce reduction earlier this year, with Oracle's headcount falling by about 21,000.
