Get all your news in one place.
100's of premium titles.
One app.
Start reading
Barchart
Barchart
Wajeeh Khan

ORCL Stock Layoffs: What to Know About the Latest Oracle Job Cuts

Oracle (ORCL) shares ended lower on Sept. 15, although they have since bounced back, after the cloud giant reportedly initiated a fresh wave of job cuts across select divisions, with double-digit percentage layoffs expected in targeted teams.

Management now expects the 2026 restructuring plan aimed at reallocating capital toward artificial intelligence (AI) infrastructure to cost about $700 million more than its previous estimate of $2.1 billion.

Sign up to read this article
Read news from 100's of titles, curated specifically for you.
Already a member? Sign in here
Related Stories
Top stories on inkl right now
One subscription that gives you access to news from hundreds of sites
Already a member? Sign in here
Our Picks
Fourteen days free
Download the app
One app. One membership.
100+ trusted global sources.