Tuesday, 13 October 2026 · World
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EUROS The World Financial Report
Nº 94 Tuesday, 13 October 2026 · World Edition
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Oracle cloud layoffs hit developers, engineers hardest

Euros Room · 22 Sep 2026
Oracle cloud layoffs hit developers, engineers hardest

Oracle's latest layoffs fell hardest on software developers, engineers, and managers inside its cloud infrastructure division, according to a document obtained by Business Insider that offers the clearest breakdown yet of who was affected by last week's cuts.

According to the document, 546 workers in Oracle's America Cloud Infrastructure organization were among those cut, a figure that amounts to roughly 7.6% of the 7,185 employees it covers. Oracle said the information was disclosed to comply with federal age discrimination laws.

Among all job titles in the document, software developer III recorded the highest number of departures, with 57 people losing their jobs. Across all levels, software developers accounted for roughly 17% of the total cuts. The role of principal core infrastructure engineer and program manager IV also ranked among the most affected titles, according to Business Insider.

When tallied across the cloud infrastructure division, positions whose titles include the word "manager" accounted for 128 of the cuts, or close to a quarter of all terminations listed in the document. Program manager positions alone accounted for 61 terminations, according to Business Insider's analysis. Oracle's data center support services unit absorbed notable losses as well, with 41 of its workers, among them the division's vice president and a pair of senior directors, included among those let go.

Most of the workers named in the document had passed their 40th birthday, and approximately one in six was at least 60 years old.

Oracle has not disclosed how many employees it laid off in total last week. The company had approximately 141,000 employees before the latest cuts. Over the fiscal year ended May 31, 2026, Oracle shed roughly 21,000 positions, about 13% of its workforce, attributing part of that reduction to its deployment of AI technologies.

The latest round of cuts is unfolding as Oracle absorbs a steep rise in capital spending tied to its AI data center buildout. Oracle's cloud infrastructure division, whose revenue rose 121% year over year in the most recent quarter, remains one of the company's most important growth engines. The company has said it plans to spend $90 billion to $95 billion on data center construction in fiscal 2027.

Oracle Chief Financial Officer Hilary Maxson told employees at a companywide meeting last week that the layoffs should not be understood as a directive to do more with fewer resources, according to Business Insider. The restructuring plan underlying the cuts carries a total estimated cost of roughly $2.8 billion, with approximately $2.1 billion in charges recorded through August 31, the company said.