Oracle lays off undisclosed number of employees in restructuring, but hiring continues for AI and data center roles
- Oracle's layoffs continue as it gears up to fire as many as 8,000 workers, per independent data
- Crucially, the company is hiring in other areas including data centers and AI
- Recent recruits have come from high-level AWS and Microsoft roles
Oracle has reportedly begun laying off an undisclosed number of workers as it prepares to restructure parts of the company amid ongoing AI-induced changes.
"Broader organizational change[s]" are to blame for these layoffs, with the company reassessing "current business needs," per Cybernews reporting.
While the company hasn't disclosed how many workers are likely to be affected, independent market researcher Amanda Goodall estimates that anywhere between 5,000 and 8,000 employees could be cut.
Oracle could be gearing up to cut thousands of jobs
An internal email shared by Goodall explains to affected workers that "after careful consideration" they are set to leave the company immediately. "Today is your last working day,"...
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