Major tech company Oracle announced mass layoffs on Tuesday, notifying fired employees in an email at 6 am.
The message from one of the world’s largest software companies, chaired by billionaire Larry Ellison, informed “thousands” of workers across multiple countries that Tuesday would be their last day.
“After careful consideration of Oracle’s current business needs, we have made the decision to eliminate your role as part of a broader organizational change,” copies of the email viewed by Business Insider stated.
“As a result, today is your last working day. … Thank you for your contributions to our organization.” The email also asked employees to provide their personal email addresses for future correspondence.
The terminated employees were told that after signing their termination paperwork, they would be “eligible to receive a severance package subject to the terms and conditions of the severance plan.”
Employees in the US, India, Canada and other regions reported getting the news that was from “Oracle Leadership,” per RollingOut.
Two people familiar with the matter confirmed to CNBC that the layoffs involved thousands of jobs.
Oracle told the California Post that it would decline comment when asked about how many jobs were being cut.
As of May 2025, the software company employed around 162,0000 full-time employees, according to its annual filing with the Securities and Exchange Commission.
Copies of the termination emails appeared on Reddit’s employeesOfOracle group, with users talking about being let go, blasting the company.
“They created widespread fear, frustration, and uncertainty among all employees, not just those directly impacted by the RIF,” one person wrote.
“From a financial perspective, the approach seems inefficient, offering significant severance packages while continuing to hire new employees.”
One person wrote about their dad being laid off after 20 years with the company and reportedly just two years before he was going to retire. “Not even a phone call. The companies are evil.”
Another person commenting on the site said their job was just terminated and their access “revoked immediately.”
One message said “Oracle’s headcount dropped from 165K to 155K” this morning. Other’s warned more jobs were being cut.
News of the bloodbath at Oracle comes following a report in March that the company was looking at slashing thousands of jobs as it attempted a massive AI data center expansion effort, leaving investors worried about how it would fund such efforts.
In February, the company announced plans to raise up to $50 billion this year in order to fund what it called its “rapidly growing” cloud infrastructure business. (New York Post)
