conv.

← The whole story
Business
Oracle layoffs hit developers hardest as cloud division absorbs AI spending surge

Cuts tied to Oracle's AI infrastructure expansion and cloud growth trajectory

1 Sep 22 · 1d ago · 3 articles · 2 sources · development 1 of 1

The layoffs occur as Oracle intensifies capital spending on AI data center construction, planning to spend $90–95 billion in fiscal 2027. Despite the cuts, Oracle's cloud infrastructure division posted 121% year-over-year revenue growth in the most recent quarter, suggesting the restructuring is driven by technology priorities rather than revenue decline.

Cuts tied to Oracle's AI infrastructure expansion and cloud growth trajectory
Quartz

“Among all job titles in the document, software developer III recorded the highest number of departures, with 57 people losing their jobs.”

Business Insider analysis, Reporting outlet · rss ↗

Oracle Tech company conducting layoffsHilary Maxson Oracle Chief Financial OfficerBusiness Insider First to obtain and analyze layoff document

The whole story articles the bright band is this development · numbered dots are the others · click one to jump

Peak 4 pieces in one hour at Sep 22, 10 AM; 11 pieces over 40 hours (7 articles · 4 posts) Sep 22, 10 AM — 4 pieces · 3 articles · 1 post — Google News 2, Mastodon 1, Newswires 1Sep 22, 11 AM — quietSep 22, 12 PM — 2 pieces · 2 articles — Newswires 2Sep 22, 1 PM — quietSep 22, 2 PM — quietSep 22, 3 PM — quietSep 22, 4 PM — quietSep 22, 5 PM — quietSep 22, 6 PM — quietSep 22, 7 PM — quietSep 22, 8 PM — quietSep 22, 9 PM — quietSep 22, 10 PM — quietSep 22, 11 PM — 2 pieces · 2 articles — Google News 2Yesterday, 12 AM — quietYesterday, 1 AM — quietYesterday, 2 AM — quietYesterday, 3 AM — 1 piece · 1 post — Reddit 1Yesterday, 4 AM — quietYesterday, 5 AM — quietYesterday, 6 AM — quietYesterday, 7 AM — quietYesterday, 8 AM — 1 piece · 1 post — Reddit 1Yesterday, 9 AM — 1 piece · 1 post — Mastodon 1Yesterday, 10 AM — quietYesterday, 11 AM — quietYesterday, 12 PM — quietYesterday, 1 PM — quietYesterday, 2 PM — quietYesterday, 3 PM — quietYesterday, 4 PM — quietYesterday, 5 PM — quietYesterday, 6 PM — quietYesterday, 7 PM — quietYesterday, 8 PM — quietYesterday, 9 PM — quietYesterday, 10 PM — quietYesterday, 11 PM — quietToday, 12 AM — quietToday, 1 AM — quiet 1
1Cuts tied to Oracle's AI infrastructure…
4 PMyesterday8 AM4 PMnow · 2:57 AM ET

What was reported 2 claims about this development

  1. 3 outlets Revealed: the Oracle Cloud Roles Hit Hard by Layoffs

    first by Business Insider, 1d ago · also Yahoo Finance, Quartz

    3 more headlines
  2. 1 outlet New Oracle layoff data reveals heavy cuts among cloud workers

    first by calcalistech.com, 1d ago

All 1 developments of Oracle layoffs hit developers hardest as cloud division… →

NewswiresMastodonGoogle NewsReddit