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ibtimes.co.ukWednesday, March 18, 20264 min read

Curated and analyzed by the JobGoneToAI team. Original reporting by ibtimes.co.uk.

Oracle Plans Up to 30,000 Job Cuts Amid AI Data Center Expansion

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Oracle Could Axe 30,000 Jobs as AI Data Centre Costs Surge — The Biggest Tech Layoff of 2026 So Far | IBTimes UK

— ibtimes.co.uk

Key Takeaway

Oracle is planning to cut between 20,000 and 30,000 jobs as part of a restructuring effort to allocate funds for AI data center expansion. This move is expected to make it the largest tech layoff of 2026, significantly impacting its workforce.

From the Original Report

By Jim Manzon Published 17 March 2026, 5:07 AM GMT Share on Facebook Share on Twitter Share on LinkedIn Share on Reddit Share on Flipboard doFir.push(function(){var flipboard=1;jQuery(".genericon-flipboard").on('click',function(e){e.preventDefault();e.stopPropagation();if(flipboard){flipboard=0;LJ('https://cdn.flipboard.com/web/buttons/js/flbuttons

.min.js',function(){jQuery(".genericon-flipboard").trigger('click')})}})}) Share on Pocket Oracle’s Larry Ellison told investors the company can ‘build more software in less time with fewer people’ using AI.

Unsplash Oracle is reportedly planning to cut between 20,000 and 30,000 jobs to free up billions in cash for its artificial intelligence (AI) data centre expansion, a move that would make it the single largest tech layoff of 2026, according to a research note from investment bank TD Cowen.

The cuts would affect roughly 12% to 18% of Oracle's global workforce of approximately 162,000 employees. Bloomberg reported that the job reductions could begin as early as this month and will span multiple divisions.

This is an excerpt. Read the full article at ibtimes.co.uk.

Original Source

Read original reporting at ibtimes.co.uk

JobGoneToAI curates, verifies, and adds original analysis to third-party reporting. We link to the original source so you can verify the facts yourself.

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