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Oracle's Cold 6AM Layoff Emails Hit Staff Amid New Wave of Cuts

Oracle's Cold 6AM Layoff Emails Hit Staff Amid New Wave of Cuts

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Oracle has started another wave of layoffs, with employees receiving termination emails early Monday morning as the company presses ahead with a sweeping restructuring. The latest cuts come after Oracle's workforce fell by roughly 21,000 employees, or 13%, during fiscal 2026.Before the latest round, Oracle employed approximately 141,000 people worldwide. Severance packages were offered to those let go, though the specific terms varied by role and region.

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Original publisherTech Times UK
Canonical URLhttps://www.techtimes.co.uk/oracle-new-layoffs-restructuring-costs-2-8-billion-1808676
Publication timeMon, 14 Sep 2026 19:05:15 +0000
Retrieval time2026-09-14T20:16:51.482Z
Last seen2026-09-14T20:16:51.482Z
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Oracle has started another wave of layoffs, with employees receiving termination emails early Monday morning as the company presses ahead with a sweeping restructuring. The latest cuts come after Oracle's workforce fell by roughly 21,000 employees, or 13%, during fiscal 2026.Before the latest round, Oracle employed approximately 141,000 people worldwide. The number of employees affected by the new cuts has not been publicly disclosed, but the company has now raised the estimated cost of its fiscal 2026 restructuring plan by $700 million, bringing the total to roughly $2.8 billion.Earlier reports had estimated that Oracle's broader 2026 restructuring could eventually affect between 20,000 and 30,000 positions, but that figure was not a confirmed tally for the latest round.Oracle's 6AM…

Excerpt limited to ~120 words for fair-use compliance. The full article is at Tech Times UK.

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