Employee Layoffs at Oracle

Oracle may lay off up to 30,000 employees worldwide as part of efforts to fund its AI data center operations and reduce costs, according to reports in the English-language press. The company is also said to be considering the sale of certain business operations to raise capital for the expansion of its AI data centers, as U.S. banks have been reluctant to finance these investments. Oracle has not issued any official statement regarding these developments so far.

As part of its cloud infrastructure expansion strategy, Oracle is planning to raise between $45 billion and $50 billion (approximately ₹4–4.55 trillion) this year to build additional capacity, according to a Bloomberg report. The fundraise is expected to be carried out through a combination of debt and equity offerings.

The company has decided to step up investments in capacity expansion in response to growing demand from major clients such as AMD, Meta, Nvidia, OpenAI, TikTok and xAI. Against this backdrop, Oracle’s shares were trading up to 3% lower in the market.

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