Oracle Layoffs 2026: ~21,000 Jobs Cut in Fiscal Year, Long-Tenured Employees Among Those Affected

NewsData.io · United States · Sep 16, 2026

Oracle eliminated roughly 21,000 employees — approximately 13% of its global workforce — during fiscal year 2026, with restructuring costs now totaling an estimated $2.8 billion. Affected workers, including some with over three decades of tenure, received termination notices via early-morning email with no prior warning and lost system access immediately. Severance was set at four weeks of base pay plus one week per year of service. Reports suggest the total reduction could eventually reach 20,000–30,000 roles as Oracle redirects capital toward AI infrastructure and data-center expansion.