AI-driven restructuring continues among U.S. big tech companies.
According to Business Insider and CNBC on the 31st (local time), U.S. software company Oracle began notifying employees of layoffs on the same day. An email sent to employees stated, “After careful consideration of Oracle’s current business needs, we have decided to eliminate your position as part of a broader organizational restructuring.” CNBC reported, citing a source, that the layoffs involve thousands of employees. As of May of last year, Oracle had approximately 162,000 full-time employees. The restructuring is expected to affect employees worldwide.
Oracle’s restructuring is analyzed as a result of massive AI investments. The company has recently expanded its capital expenditures by building AI data center infrastructure. It has relied on the bond market to raise funds for business expansion. In January, Oracle announced plans to raise $50 billion through bond and stock issuance.
Earlier, Amazon announced in January that it would lay off 14,000 employees, followed by an additional 16,000 layoffs at its headquarters. Last week, Meta began reducing its workforce by hundreds of employees. This wave of restructuring among big tech firms is interpreted as a move to focus on costly AI investments while streamlining workforces due to AI adoption.
Originally written by: Yoo Ji-han
Source: The Chosun Daily
Published on: 1 April 2026
Link to original article: Oracle Cuts Thousands in AI-Driven Restructuring
