Major Bay Area tech company Oracle announced mass layoffs Tuesday, notifying fired employees in an email at 6 a.m..
The message from one of the world’s largest software companies, chaired by billionaire Larry Ellison, informed “thousands” of workers across multiple the world that Tuesday would be their last day.
“After careful consideration of Oracle’s current business needs, we have made the decision to eliminate your role as part of a broader organizational change,” copies of the email viewed by Business Insider stated.
“As a result, today is your last working day. … Thank you for your contributions to our organization.” The email also asked employees to provide their personal email addresses for future correspondence.
The terminated employees were told that after signing their termination paperwork they would be “eligible to receive a severance package subject to the terms and conditions of the severance plan.”
Employees in the US, India, Canada and other regions reported getting the news that was from “Oracle Leadership,” per RollingOut.
Two people familiar with the matter confirmed to CNBC that the layoffs involved thousands of jobs.
Oracle told the California Post that it would decline comment when asked about how many jobs were being cut.
As of May 2025, the software company employed around 162,0000 full-time employees, according to its annual filing with the Securities and Exchange Commission.
🚨 Do you understand what Oracle just did..
They fired 30,000 people.. via 6 AM email.. while reporting a 95% increase in net income last quarter..
Oracle isn't a struggling company .. Oracle made MORE money than ever.. and still fired 30,000 people because they're spending $156 billion on AI data centres instead.. and Larry Ellison.. the guy who just fired 30,000 families.. is worth $200 billion.. the 3rd richest person on earth.. he owns an entire Hawaiian island.. Lanai.. 98% of it.. bought it for $300 million like it was a vacation home..
This is the same playbook every single time..
IBM fired 7,800 and replaced them with AI in 2023.. Amazon cut 27,000 the same year while reporting record revenue.. Atlassian cut thousands while profits climbed.. Google laid off 12,000 while sitting on $100 billion in cash..
They told you to learn to code.. you learned to code.. they told you to upskill.. you upskilled.. and then they replaced you with the thing you helped build and sent the termination letter before you woke up..
The company made record profits and decided the reward for that was firing the people who made it happen.