chiprook
← Business
BusinessSeptember 28, 2026, 21:58

Tech Layoffs Top 225,000 as Oracle Cuts 13% of Staff to Fund AI

Tech companies have cut 225,122 jobs across 519 events since January 2026, already surpassing all of 2025. Oracle reduced its workforce from 162,000 to 141,000 while spending $55.7 billion on AI infrastructure and raising $43 billion in debt.

Tech Layoffs Top 225,000 as Oracle Cuts 13% of Staff to Fund AI
#Oracle#Amazon#Microsoft#Meta
Read next
Business

Oracle cuts 359 Washington jobs in latest AI-driven layoffs; Seattle offices not closing

Business

KPMG UK Tech Cuts Offer Severance Some Staff Call Insulting

AI

Bracket22 Builds an AI Agent-Based Hedge Fund Staff That Never Leaves the Desk

Business

Europe Tech Fund in talks to back AI startup ElevenLabs