Oracle CorporationOracle is cutting 546 jobs in its cloud infrastructure unit as it absorbs a steep rise in AI data-center capex and a $2.8B restructuring cost.

Oracle's latest layoffs fell hardest on software developers, engineers, and managers inside its cloud infrastructure division, with 546 workers cut in its America Cloud Infrastructure organization, roughly 7.6% of the 7,185 employees it covers, according to a document obtained by Business Insider. Software developer III recorded the highest number of departures of any title at 57, and software developers overall accounted for roughly 17% of the total cuts, while positions with "manager" in the title accounted for 128 of the terminations, close to a quarter of all those listed, including 61 program manager roles. Oracle's data center support services unit lost 41 workers, among them the division's vice president and two senior directors. Most of the workers named had passed their 40th birthday and about one in six was at least 60 years old; Oracle said the information was disclosed to comply with federal age discrimination laws. Oracle has not disclosed the total number of employees laid off last week, out of roughly 141,000 before the cuts, after shedding about 21,000 positions, or 13% of its workforce, over the fiscal year ended May 31, 2026, partly attributed to AI deployment. The cuts come as Oracle absorbs a steep rise in capital spending tied to its AI data center buildout, with cloud infrastructure revenue up 121% year over year in the most recent quarter and plans to spend $90 billion to $95 billion on data center construction in fiscal 2027. Chief Financial Officer Hilary Maxson told employees at a companywide meeting last week that the layoffs should not be understood as a directive to do more with fewer resources, and the restructuring plan carries a total estimated cost of roughly $2.8 billion, with approximately $2.1 billion in charges recorded through August 31.
Oracle CorporationOracle is cutting 546 jobs in its cloud infrastructure unit as it absorbs a steep rise in AI data-center capex and a $2.8B restructuring cost.