Oracle plans fresh August layoffs as its AI spending spree bites
Oracle is planning another round of job cuts this month, according to Business Insider, with some teams reportedly facing double-digit-percentage reductions.
Managers have been told to identify the employees affected, and the goal is to trim payroll before 1 September, the start of the company’s fiscal second quarter. Oracle declined to comment.
It is the latest twist in a story we has been tracking for months: a company shedding people while spending furiously on machines.
The pattern speaks directly to what we have called AI’s real bottleneck, which is no longer chips but capital and consent. Oracle, it seems, is testing how much of both it can stretch.
The fresh cuts land on top of a brutal year. In the fiscal year that ended on 31 May 2026, Oracle eliminated roughly 21,000 jobs, a drop of about 13%, taking headcount from around 162,000 to about 141,000.
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