Bengaluru/New York, September 16 (TNA) US tech major Oracle carried out its latest round of job cuts on Tuesday, with reports indicating that approximately 2,500 employees have been let go in the move, marking the company’s third wave of workforce reductions this year.
Affected employees received termination emails early in the day, with some reporting notices as early as 6 a.m., stating that their roles were being eliminated “as part of a broader organisational change” and that the day would be their last working day. The emails cited “careful consideration of Oracle’s current business needs” as the reason for the decision, while internal documents seen by media outlets suggested that some teams faced double-digit percentage cuts.
Sources quoted in multiple media reports said that managers had been asked to submit lists of impacted staff to trim payroll ahead of Oracle’s second quarter, which began on September 1. While Oracle has not officially confirmed the exact number of people affected in this round, multiple reports estimate the figure at around 2,500, following an earlier reduction of about 21,000 jobs-roughly 13% of its global workforce-during the fiscal year ended May 31, 2026.
The latest layoffs come as Oracle continues to pour tens of billions of dollars into artificial intelligence and cloud infrastructure, even as it raises the total cost of its 2026 restructuring plan to about $2.8 billion, including an additional $700 million earmarked for severance and related expenses. In its recent filing, the company attributed earlier cuts to restructuring, performance issues, strategic shifts and acquisitions, and said it had already accrued about $2.1 billion in costs tied to the plan.
In India, where Oracle runs one of its largest development centres, employees estimated that several thousand jobs could be affected across the India Development Centre, with customer support teams seeing reductions of up to around 30%, echoing patterns seen in the March layoffs.