AI + ML 10 Oracle cuts jobs across sales, engineering, security 10 Big Red declines comment as reports point to layoffs in the thousands O'Ryan Johnson Tue 31 Mar 2026 // 17:42 UTC Oracle laid off thousands of employees on Tuesday as it ramps spending on AI infrastructure projects internally and with major technology partners. The layoffs were carried out via email, according to copies of the message viewed by Business Insider. The email told affected workers they would be terminated immediately and to provide a personal email for follow-up. Oracle declined to comment to The Register. The cuts echo a TD Cowen forecast earlier this year, when the investment bank questioned how Oracle would finance its expanding AI datacenter buildout and suggested headcount reductions could reach 20,000 to 30,000. It is not clear how many employees were notified on Tuesday, but one screenshot that purports to show the number of internal Slack users showed a drop of 10,000 overnight. Big Red has also partnered with OpenAI and SoftBank on the Stargate project, a massive project to build datacenters around the country to help power generative AI models, starting with one in Abilene, Texas. The headline numbers were ridiculously large – OpenAI said the venture intended to invest $500 billion, and even if the actual number falls well shy of that, it's still a…
Published: March 31, 2026 5:42 pm
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