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Reading: Oracle layoffs: 30,000 job cuts likely by June 15 despite booming cloud, AI growth and strong earnings | Stock Market News
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News for India > Business > Oracle layoffs: 30,000 job cuts likely by June 15 despite booming cloud, AI growth and strong earnings | Stock Market News
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Oracle layoffs: 30,000 job cuts likely by June 15 despite booming cloud, AI growth and strong earnings | Stock Market News

Last updated: June 2, 2026 2:50 pm
2 months ago
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Oracle layoffs: Executives have indicated that the layoffs are part of an effort to redirect resources toward high-growth AI businesses as demand for computing capacity surges, a report said.



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TAGGED:AIit sector job cutsit sector layoffsJob cutsLayoffsoracleoracle job cutsOracle layoffsoracle layoffs 2026Oracle share price
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