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Oracle may announce another round of layoffs after cutting 21000 jobs: Report

Oracle is reportedly gearing up for another round of layoffs. As per the latest reports shared by Business Insider, the managers across the domains in the leading tech company have been asked to pinpoint employees who might be listed in the removal list. The plan is to wrap up the layoffs before the second fiscal quarter of the organisation starts on September 1 (2026). Some teams are further looking at deep cuts that could be double-digit percentage losses. But no one outside knows yet how many jobs are actually on the line.

12 Aug 2026 12:08 pm