Oracle Layoffs 2026: Tech Giant Issues Clarification Over Reports of 30,000 Job Cuts | 📲 LatestLY

Oracle Layoffs 2026: Tech Giant Issues Clarification Over Reports of 30,000 Job Cuts | 📲 LatestLY

Oracle has issued a clarification regarding reports of up to 30,000 potential layoffs following its acquisition of Cerner. The company emphasised its focus on cloud and healthcare innovation while restructuring its workforce for efficiency. Analysts suggest the cuts target redundant roles as the firm migrates legacy systems to modern cloud infrastructure. 📲 Oracle Layoffs 2026: Tech Giant Issues Clarification Over Reports of 30,000 Job Cuts.

Oracle may slash up to 30,000 jobs amid AI data centre funding challenges

Oracle is contemplating substantial job cuts as it grapples with challenges in securing funding for its AI data centres.