Oracle starts new round of layoffs as AI spending rises
Oracle began a new wave of layoffs on 14 September 2026, its second this year, as its AI spending raises debt concerns. Reports say the company is spending about $90 billion on AI, the layoff plan has grown by $700 million, and 359 jobs are being cut in Washington state.
Who is affected and how
- employee
- At a large tech company, AI investment is partly funded by headcount cuts: keep your CV and professional contacts up to date.
- job seeker
- Many experienced tech professionals among those laid off are entering the market, which increases competition for open positions.
- HR professional
- Communication about AI-cost-driven layoffs and severance packages need to be planned in advance.
Sources
- Oracle Layoffs: New Job Cuts Hit as AI Spending Drives a Wider Big Tech Restructuringfinchannel · Sep 14, 2026
- Oracle layoffs: Employees get 6 am email as fresh job cuts beginindiatoday.in · Sep 14, 2026
- Oracle layoffs: Why is the company cutting more jobs while spending big on AI?firstpost.com · Sep 15, 2026
- Oracle Cuts More Jobs as AI Data Centre Spending Risesgadgets360.com · Sep 15, 2026
- Oracle cuts 359 more Seattle jobs as AI spending soarsseattle red · Sep 16, 2026
- Oracle cuts 359 Washington jobs in latest AI-driven layoffs; Seattle offices 'not closing' – GeekWiregeekwire.com · Sep 16, 2026
- Oracle cuts jobs despite AI-driven hiring surge - Capacitycapacityglobal.com · Sep 16, 2026
- Oracle cuts 359 more Washington state jobs as AI reshapes its workforcelinkedin · Sep 17, 2026
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