2026-03-10 08:50
publication
2026-03-10 08:50
The American technology company Oracle Corporation may face one of the largest job cuts in its history. According to media reports, the company is considering laying off up to 20 percent. employees, which could cover approximately 30 thousand people – reports Bloomberg.
Oracle Corporation is an American technology company that is one of the world's largest enterprise software providers, particularly known for database systems such as Oracle Database. In recent years, the company has also been intensively developing cloud services within the Oracle Cloud Infrastructure platform, competing with the largest cloud technology providers. It employs approximately 162,000 people worldwide. employees.
Even 20 percent are unemployed. crew
It turns out that large layoffs are possible in the company in the near future. They may concern up to nearly 20%. employed, i.e. up to 30 thousand people. According to Bloomberg, Mra result of reduction has be the withdrawal of banks from financing the network of AI data centers. By saving on employment, the company could invest approximately USD 10 billion in the development of artificial intelligence to effectively compete with such giants as Microsoft or Amazon.
According to media reports notices of termination may be given to employees in March this year. They can be received by people whose positions have been automated.
As part of cost cutting, the company is also considering the sale of the medical company Cerner, which it acquired in 2022.
More layoffs in the tech industry
Oracle Corporation is not the only technology company planning mass layoffs. They were also announced by the French giant Capgemini. By 2026, up to 2.4 thousand people may lose their jobs there. people, which the company attributes to the economic slowdown and falling demand in key sectors, especially the automotive industry.
Companies in this industry operating in Poland are also cutting jobs. One of them is Saber, which plans to lay off 60 people in Krakow.
KW
