After firing nearly 20,000 and 30,000 employees globally in March, Oracle has reportedly drawn up plans for a new round of job cuts to reduce payroll as it racks up billions in debt to fund AI infrastructure. The US tech giant is reportedly preparing for another round of job cuts, with September 1 emerging as a key date.
Managers have reportedly been asked to identify roles that could be eliminated, raising fears that workers could wake up to the same dreaded early-morning layoff emails that arrived during Oracle’s March cuts. According to reports, Oracle wants payroll reductions in place as the new quarter begins, although, Oracle has not officially confirmed that a mass layoff will take place on September 1.
Oracle has already cut around 21,000 jobs
The latest reports come after Oracle significantly reduced its workforce during fiscal 2026. Oracle's employee count fell from around 162,000 to approximately 141,000, meaning the company reduced its workforce by about 21,000 people. In India alone, as many as 12,000 employees were believed to have lost their jobs.