Oracle has ratcheted up its capital expenditures as it builds data center infrastructure that can handle AI workloads.
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Software maker Oracle
has started telling employees that it’s conducting a round of layoffs, two people familiar with the move told CNBC.
The layoffs were in the thousands, said the people, who asked not to be identified to discuss a confidential matter.
As of May 2025, the company employed 162,000 people.
CNBC has announced that Oracle has begun notifying employees of the thousands of layoffs that will impact the global workforce.
Oracle plans to cut thousands of jobs which will free up cash flow as the company aggressively invests in its AI data center…
Company chaired by Trump ally Larry Ellison seeks to reassure investors that bet on AI infrastructure will pay off
The tech giant has invested huge sums in the AI infrastructure buildout in recent times
Oracle has become one of the biggest beneficiaries of the AI infrastructure boom, with its shares up 75% so far in 2025.
La compañía ha sufrido un fuerte castigo en Bolsa por las dudas sobre su capacidad para afrontar sus planes
