Oracle reportedly plans thousands of job cuts

US software company Oracle is reportedly preparing a significant round of job cuts. According to media reports citing people familiar with the matter, the company plans to eliminate thousands of positions worldwide. The measures could begin in the coming weeks and affect several business units.

The planned layoffs come as Oracle significantly increases its investments in artificial intelligence infrastructure. The company is currently expanding its cloud and AI data center capacity in order to compete more directly with major rivals such as Amazon Web Services and Microsoft Azure.

Building large-scale AI infrastructure requires substantial capital. Oracle has therefore been exploring ways to raise up to 50 billion US dollars through a combination of debt and equity financing to support the construction of new data centers dedicated to artificial intelligence workloads.

The potential job reductions are seen as part of a broader restructuring effort aimed at reallocating resources toward strategic growth areas. According to reports, some positions may also become redundant as artificial intelligence increasingly automates certain tasks within the company.

Oracle currently employs around 162000 people worldwide. The company has not yet officially confirmed the reported job cuts. Industry observers view the possible layoffs as part of a wider transformation in the technology sector, where companies are redirecting investments toward cloud computing and AI infrastructure.

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