Oracle Weighs More Job Cuts as AI Costs Mount
India teams may be affected in a global restructuring that employees estimate could eliminate 7,000 to 10,000 positions.
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Oracle is considering another round of job cuts that could affect employees in India as the software company seeks further savings while spending heavily on artificial intelligence infrastructure.
The reductions were initially expected around September 1, but employees have since been told they could come in the middle of the month, with September 15 discussed as a possible date.
Internal estimates circulating among employees put the possible global reduction at 7,000 to 10,000 jobs, Moneycontrol reported, citing people familiar with the matter. India’s share could not be independently established.
The proposed cuts appear to be part of a companywide cost-reduction exercise rather than the restructuring of a single division. Teams have been asked to lower their budgets, while some managers reportedly lack full details about the employees or functions that may be affected.
Oracle has substantial engineering, cloud and support operations in India, making the country potentially vulnerable to a broad reduction spanning multiple functions.
The company’s global workforce fell by about 21,000, or 13%, during the year ended May 31, from 162,000 to 141,000. The decline includes layoffs and other changes in headcount and should not be treated entirely as job cuts.
Oracle acknowledged in its annual regulatory filing that adopting AI across its operations had resulted in workforce reductions and could lead to more. Restructuring expenses rose to $1.84 billion in fiscal 2026 from $374 million a year earlier.
The cost cutting comes as Oracle rapidly expands its cloud infrastructure. Capital expenditures climbed to $55.7 billion in fiscal 2026 from $21.2 billion the previous year as the company built data centers for large AI contracts.
Oracle generated $32 billion in operating cash flow but reported negative free cash flow of $23.7 billion for the year, according to its full-year results.
The company said in February that it expected to raise between $45 billion and $50 billion during 2026 through debt and equity financing to support its cloud expansion.
