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Oracle forecasts 33% increase in restructuring costs as new round of layoffs hits
Oracle began a new round of layoffs this week, sending early-morning termination emails to staff for the second time in six months.
The latest wave began Monday with affected staff being told, “After careful consideration of Oracle’s current business needs, we have made the decision to eliminate your role as part of a broader organizational change,” according to BusinessInsider. Termination was immediate.
That’s the same wording as in the previous wave of layoffs, which took place on March 31 and affected workers in the US, India, Canada, Mexico and Uruguay. In the 12 months to May 31, Oracle cut its global workforce from about 162,000 to about 141,000, a decline of roughly 13%.
Oracle has made no public statement confirming the latest round of job cuts, but in a regulatory filing days earlier the company said it had set aside a further $700 million for restructuring charges, bringing the total charges this year to roughly $2.8 billion.
What the new termination emails sayStaff receiving the latest termination emails were told termination and compensation details would follow by DocuSign, Business Insider wrote. An internal document reviewed by the publication said severance terms varied by role and region, and some teams facing double-digit percentage cuts.
Affected employees took to social media to vent.
Eric Brunson, a senior principal offensive security researcher at Oracle, described in a LinkedIn post how he had lost access to corporate communication tools before receiving any formal notice. “I woke up to not being able to log back into Slack,” he wrote. “No new emails or notification in email and I’m locked out of there. I was able to get ahold of my manager on LinkedIn and she confirmed.” Brunson said the timing fell two days before a scheduled RSU vesting date, adding, “Probably part of the plan.”
The filing that backs up the layoff accountsWhile Oracle is not talking about the layoffs, its 10-Q quarterly report states that management approved and supplemented restructuring plans “to implement certain strategic measures and further improve operational efficiencies, including through the adoption and integration of artificial intelligence technologies across certain functions.” It adds that “subsequent to August 31, 2026, our management supplemented the 2026 Restructuring Plan by approximately $700 million to reflect additional actions that we expect to take.”
Oracle has already spent $1.97 billion of the $2.1 billion restructuring charges it originally budgeted, it reported.
Sanchit Vir Gogia, chief analyst at Greyhound Research, said the filing should be read carefully rather than as confirmation of a headcount. “The supplement is an estimate, not a bill,” he said, noting it raises the program’s estimated cost by about a third without committing Oracle to a timetable.
Gogia said the more significant shift is in the filing’s language rather than the dollar figure. Oracle’s August 2025 and February 2026 filings had described the plan as tied to “acquisitions and certain other operational activities.”
AI was named as a driver of restructuring for the first time in the Sept. 11 filing.
Why the headcount stays unconfirmedGogia said no verified figure exists yet for how many employees the September round affected.
He noted that 30,000 was a January forecast of the total 2026 program. Twenty-one thousand is the confirmed net decline in Oracle’s global workforce across the full fiscal year. A reported 3,000 job cuts in India on Sept. 1 remains unconfirmed by Oracle.
The $700 million restructuring supplement “cannot be divided into people,” Gogia said, since it covers termination benefits, contract termination costs and other exit costs across a program spanning multiple countries. “There is no solid headcount for the September round,” he said.
A pattern that began in MarchOracle’s first 2026 layoff wave began March 31, when the Revenue and Health Sciences unit, the SaaS and Virtual Operations Services group, and NetSuite’s India Development Centre saw some of the deepest reductions.
Figures published by Oracle for its fiscal year ending May 31, 2026, show research and development headcount fell from 50,000 to 43,000 employees during the year, sales and marketing fell from 31,000 to 25,000, and services fell from 37,000 to 34,000, according to Gogia’s analysis of the company’s own reporting.
International staff, at 92,000, saw a larger reduction than the 49,000-strong U.S. workforce, he said.
Oracle did not respond to a request for comment.
This article first appeared on CIO.
Tech layoffs: A 2026 timeline
Among a range of factors leading to a wave of tech sector layoffs in 2026 is the rapid rise of artificial intelligence and automation. Companies are reconfiguring their workforces to leverage AI for increased efficiency and reduced operating costs. This realignment and reduction is implemented even by companies reporting strong financial performance.
But it’s not just AI leading to workforce cuts. Complementing this technological shift are ongoing economic uncertainty, inflation, and higher interest rates, compounded by a chip shortage and rising energy costs. This mix is driving companies to cut costs and streamline operations for increased efficiency.
According to data compiled by Layoffs.fyi, an online tracker that keep tabs on job losses in the technology sector, 123,941 tech employees were laid off at 269 companies in 2025. The site also reports that 71,981 government employees were laid off by DOGE alone, with 182,528 total federal workers laid off.
Here is a list — to be updated regularly — of some of the most prominent technology layoffs the industry has experienced recently.
Notable tech layoffs in 2026- Oracle (again)
- Monday.com
- Microsoft
- Meta
- Cisco
- Cloudflare
- Oracle
- Atlassian
- Salesforce
- Amazon
- Ericsson
Oracle began a new round of layoffs this week, sending early-morning termination emails to staff for the second time in six months. Oracle has made no public statement confirming the latest round of job cuts, but in a regulatory filing days earlier the company said it had set aside a further $700 million for restructuring charges, bringing the total charges this year to roughly $2.8 billion.
July 22, 2026: Monday.com cuts 20% of its workforce to restructure for the AI eraThe company says the decision to cut 620 jobs isn’t about margins, but about creating a flatter organization built around AI agents, autonomous teams, and deeper customer engagement.
July 6, 2026: Microsoft cuts 4,800 jobs, primarily in sales and Xbox teamsAs the company trims thousands of jobs, it’s also investing in embedded engineering teams and AI infrastructure. The layoffs come several weeks after the company offered 8,750 US employees voluntary retirement buyouts.
June 5, 2026: Tech industry cut 38,242 jobs in May, worst since 2024AI was blamed for 40% of the job cuts in May, up from 7% in January, according to research by employment placement company Challenger, Gray & Christmas.
May 20, 2026: Meta cuts 8,000 jobs, around 10% of workforceThe cuts are expected to expected to hit Meta’s engineering and product teams the hardest, arriving as Meta pivots toward AI to boost efficiency across its organization, according to Yahoo Tech.
May 13, 2026: Cisco to cut nearly 4,000 jobs despite strong growth in AI, enterprise networkingDespite reporting positive financial news — including record third-quarter revenue of $15.8 billion, a 12% year-over-year increase — Cisco said it will eliminate almost 4,000 jobs.
May 7, 2026: Cloudflare to cut 1,100 jobs in AI-focused restructuringAbout 20% of Cloudflare’s global workforce will be culled as the company pivots for the agentic AI era, Reuters reported.
April 1, 2026: Oracle to cut up to 30,000 jobs globally, putting enterprise support and roadmaps at riskOracle began laying off employees on March 31 in what could be the largest workforce reduction in the company’s history. Employees received termination emails at 6 a.m. local time with immediate system lockouts and no prior warning. (Note: in June, CNBC put the final layoff tally at 21,000.)
March 12, 2026: Atlassian cuts 1,600 jobs to fund AI and enterprise expansionAtlassian will reduce its global workforce by approximately 10%, eliminating around 1,600 roles, as the collaboration software maker redirects capital toward artificial intelligence development and enterprise sales.
March 11, 2026: Tech layoffs surpass 45,000 in early 2026A recent analysis by RationalFX found 45,363 job cuts globally so far this year—with roughly 68% or more than 30,000 occurring in the U.S. — highlighting ongoing workforce cuts even as many tech companies report strong revenue growth.
Feb. 10, 2026: Salesforce lays off staffers as executive leadership churn continuesSalesforce has reduced close to 1,000 roles earlier this month across teams, including marketing, product management, data analytics, and its Agentforce AI unit, Business Insider reported, quoting employees familiar with the matter.
Jan. 23, 2026: Amazon layoffs expected to disproportionately hit AWS and tech talentAs the market slows down, AWS and other Amazon units are preparing for another round of layoffs, which is expected to overwhelmingly impact tech talent. An email from HR leader Beth Galetti on Jan. 28 confirmed 16,000 job cuts.
Jan. 15, 2026: Ericsson plans to shed 1,600 jobs in SwedenEricsson lans to cut some 1,600 jobs in Sweden, the telecommunications equipment maker said doubling down on recent cost-saving measures that have helped it weather a prolonged downturn in telecoms spending, Reuters reports.
Jan. 13, 2026: Meta plans to cut around 10% of employees in Reality Labs businessMeta plans to cut around 10% of the employees in its Reality Labs division who work on products including the metaverse, according to three people with knowledge of the discussions, according to The New York Times.
Layoffs in 2025- Cisco
- Oracle
- Windsurf
- Intel
- Microsoft
- Crowdstrike
- HPE
- Autodesk
- HPE
- CISA
- Workday
- Salesforce
- Meta
Economic uncertainty, elevated interest rates, and AI adoption have driven workforce reductions across tech companies worldwide, according to a RationalFX report.
October 28, 2025: Amazon to cut 14,000 jobs across companyAmazon will reduce its overall workforce by 14,000, cutting layers of management across the company and hiring in some areas to support its “biggest bets”.
August 18, 2025: Cisco and Oracle to cut hundreds of Bay Area jobsTech companies Cisco and Oracle are cutting hundreds of jobs across the Bay Area. Cisco will eliminate 221 positions at its Milpitas and San Francisco offices, effective Oct. 13. Oracle is reducing 101 positions in Santa Clara on the same date
August 5, 2025: 3 weeks after acquiring Windsurf, Cognition offers staff the exit doorCognition, the AI coding startup that acquired rival company Windsurf three weeks ago, laid off 30 employees last week and is offering buyouts to the roughly 200 remaining employees on the team, reports The Information.
July 25, 2025, Intel to lay off 22% of workforce, CEO Tan signals ‘no more blank checks’Intel will reduce its workforce to 75,000 employees by the end of 2025 as new CEO Lip-Bu Tan implements sweeping changes designed to transform the struggling chipmaker
July 8, 2025, Intel layoffs begin: Chipmaker is cutting many thousands of jobsIntel has begun laying off employees across the company. CEO Lip-Bu Tan told workers back in April to expect major layoffs at Intel in the coming months as the chipmaker slashes costs and overhauls its organization after years of technical setbacks and falling sales.
July 2, 2025: Microsoft will cut 9,000 workersMicrosoft will lay off about 9,000 employees, a source familiar with the workforce cut told CNBC. The cuts will reportedly affect less than 4% of Microsoft’s global workforce and will impact different teams, geographies and levels of experience. This is the latest in a string of cuts the tech giant has made this year.
June 17, 2025: Intel looks to factory layoffs to return to profitabilityIntel will lay off up to 20% of its manufacturing sector employees starting in July, according to media reports, as the company looks for options as it seeks a return to profitability. The cuts reportedly will be made around the world, but some of the layoffs will be closer to home, according to a report in The Oregonian citing an internal company memo from Intel manufacturing Vice President Naga Chandrasekaran.
May 7, 2025: CrowdStrike to lay off 5% of staffCrowdStrike announced a plan to cut about 500 roles, roughly 5% of its workforce, to streamline operations and reduce costs. The cybersecurity company will incur about $36 million to $53 million in charges related to the layoffs
March 6, 2025: HPE cuts 2,500 jobs, remains committed to Juniper buyCEO Antonio Neri told Wall Street analysts that HPE would begin implementing a cost-cutting program involving layoffs of about 2,500 employees over the next 18 months. HPE employs about 61,000 people worldwide.
Feb. 27, 2025: Autodesk to lay off 9% of workforceSoftware maker Autodesk is laying off 1,350 staff. With the rise of subscription and multi-year contracts billed annually, and self-service enablement, it finds it needs fewer sales staff, CEO Andrew Anagnost said in a message to employees. And with its cloud, platform, and AI products proving most profitable, it’s concentrating its staff and investments there.
Feb. 27, 2025: HP to lay off 2,000 moreAs part of an ongoing restructuring, HP plans to lay off up to another 2,000 workers. In recent weeks, the company has tried — unsuccessfully — to do away with telephone support staff by forcing callers to wait for at least 15 minutes if they refuse to use self-service support resources online. The company swiftly backtracked, but wider job cuts are still on.
Feb. 21, 2025: CISA lays off 130Government employees get laid off too: In this case, 130 workers at the US Cybersecurity and Infrastructure Security Agency are being shown the door as a result of a DOGE decision. Cybersecurity experts are concerned that the cuts will harm the international collaborations that CISA has fostered, quite apart from their concerns about the security of the DOGE layoff process itself.
Feb. 5, 2025: Workday lays off 1,750As it moves to invest more in AI and international growth, Workday is laying off 8.5% of its workforce and disposing of unused office space. Some analysts fear the cutbacks will affect the company’s customer service — unless AI can pick up the slack.
Feb. 4, 2025: Salesforce lays off over 1,000At the same time as it’s hiring sales staff for its new artificial intelligence products, Salesforce is laying off over 1,000 workers across the company, according to Bloomberg. As of June, 2024, the company had over 72,000 employees, according to its website. Salesforce did not comment on the report. In 2024 the company reportedly laid off around 1,000 staff too, in two waves: January and July.
Jan. 14, 2025: Meta will lay off 5% of workforceMark Zuckerberg told Meta employees he intended to “move out the low performers faster” in an internal memo reported by Bloomberg. The memo announced that the company will lay off 5% of its staff, or around 3,600 staff, beginning Feb. 10. The company had already reduced its headcount by 5% in 2024 through natural attrition, the memo said. Among those leaving the company will be staff previously responsible for fact checking of posts on its social media platforms in the US, as the company begins relying on its users to police content.
Tech layoffs in 2024- Equinix
- AMD
- Freshworks
- Cisco
- General Motors
- Intel
- OpenText
- Microsoft
- AWS
- Dell
Despite intense demand for its data center capacity, Equinix is planning to lay off 3% of its workforce, or around 400 employees. The announcement followed the appointment of Adaire Fox-Martin to replace Charles Meyers as CEO and the departures of two other senior executives, CIO Milind Wagle and CISO Michael Montoya.
Nov. 13, 2024: AMD to cut 4% of workforceAMD will lay off around 1,000 employees as it pivots towards developing AI-focused chips, it said. The move came as a surprise to staff, as the company also reported strong quarterly earnings.
Nov. 7, 2024: Freshworks lays off 660Enterprise software vendor Freshworks laid off around 660 staff, or around 13% of its headcount, despite reporting increased revenue and profits in its fourth fiscal quarter. The company described the layoffs as a realignment of its global workforce.
Sept. 17, 2024: Cisco lays off 6,000After laying off around 4,200 staff in February, Cisco is at it again, laying off another 6,000 or around 7% of its workforce. Among the divisions affected were its threat intelligence unit, Talos Security.
Aug. 20, 2024: General Motors lays off 1,000 software staffMore than 1,000 software and services staff are on the way out at General Motors, signalling that it could be rethinking its digital transformation strategy. In an internal memo, the company said that it was moving resources to its highest-priority work and flattening hierarchies.
August 1, 2024: Intel removes 15,000 rolesIntel plans to cut its workforce by around 15% to reduce costs after a disastrous second quarter. Revenue for the three months to June 29 stagnated at around $12.8 billion, but net income fell 85% to $83 million, prompting CEO Pat Gelsinger to bring forward a company-wide meeting in order to announce that 15,000 staff would lose their jobs. “This is an incredibly hard day for Intel as we are making some of the most consequential changes in our company’s history,” Gelsinger wrote in an email to staff, continuing: “Our revenues have not grown as expected — and we’ve yet to fully benefit from powerful trends, like AI. Our costs are too high, our margins are too low. We need bolder actions to address both — particularly given our financial results and outlook for the second half of 2024, which is tougher than previously expected.”
July 4, 2024: OpenText to lay off 1,200OpenText said it will lay off 1,200 staff, or about 1.7% of its workforce, in a bid to save around $100 million annually. It plans to hire new sales and engineering staff in other areas in 2025, it said.
June 4, 2024: Microsoft lays off staff in Azure divisionMicrosoft laid off staff in several teams supporting its cloud services, including Azure for Operations and Mission Engineering. The company didn’t say exactly how many staff were leaving.
April 4, 2024: Amazon downsizes AWS in a fresh cost-cutting roundAmazon announced hundreds of layoffs in the sales and marketing teams of its AWS cloud services division — and also in the technology development teams for its physical retail stores, as it stepped back from efforts to generalize the “Just Walk Out” technology built for its Amazon Fresh grocery stores.
April 1, 2024: Dell acknowledges 13,000 job cutsDell Technologies’ latest 10K filing with the US Securities and Exchange Commission disclosed that the company had laid off 13,000 employees over the course of the 2023 fiscal year; it characterized the layoffs and other reorganizational moves as cost-cutting measures. “These actions resulted in a reduction in our overall headcount,” the company said. A comparison to the previous year’s 10K filing, performed by The Register, found that Dell employed 133,000 people at that point, compared to 120,000 as of February 2024. Dell announced layoffs of 6,650 staffers on Feb. 6, but it is unclear whether those cuts were reflected in the numbers from this year’s 10K statement.
Apple to OpenAI: If you have nothing to hide, you have nothing to fear
Just because Apple now has AI, a new folding iPhone, and a newly minted CEO doesn’t mean the litigation between it and OpenAI has gone away. Apple now wants to force OpenAI to let it look at the hardware it has been building, according to a new report.
A reasonable request?It seems a reasonable request, doesn’t it? After all, Apple’s argument is that OpenAI has been engaged in trade secret theft to help it design and develop its new hardware. OpenAI’s defense against these claims feel flimsy, at least to this reporter. They seem to coalesce around something like, “We don’t need your trade secrets because we’re making something brand new.”
The problem with that defense is, contextually, that while on this stated mission to do something completely new, the company has hired around 400 former Apple staff so far, including its chief designers. And Apple thinks part of that process has been OpenAI, in whole or in part, working to exfiltrate its trade secrets.
What Apple wants — and whyWith those facts as your guide, Apple’s request to Judge Edward J. Davila seems reasonable. It wants to take a look at what OpenAI is developing to ensure its trade secrets have not been abused in the process of designing that product. Apple argues that if it is forced to wait until the product is released, then it will be impossible to make its trade secrets confidential again, particularly as the defense seems to consist of that pinky promise that no Apple trade secrets have been harmed.
Apple legal also argues that it cannot be fair to allow OpenAI to defend itself by alleging its unreleased and unseen product doesn’t contain any trade secrets without permitting Apple — and the court — to verify that. While Apple’s counsel doesn’t seem to have said it, you could paraphrase the request as Apple telling the genAI firm, “Let us see what you are building; if you have nothing to hide, you have nothing to fear.”
Except, of course, that while building its defense, OpenAI is giving many of us the distinct impression that it may have something to fear.
What may happen nextDespite the merits of the argument, I think Apple’s request will not prevail, in part because the court may assess that if Apple takes a look at OpenAI’s homework it may compound the risk of IP theft. But that doesn’t mean Apple’s attempt will fail outright, as the compromise position is likely to be the appointment of a trusted, independent, third-party expert witness to take a look at what Apple’s competitor is making in Apple’s stead.
There is precedent for this. That’s more or less what happened when Waymo pursued a similar case against Uber, or when AMCS litigated against Sinovel. There are nuances to all three cases that mean they aren’t perfectly aligned, but that does seem a logical next step to this layman.
Of course, just because it’s logical doesn’t mean either party is going to like it, but OpenAI could conceivably even suggest such an approach as it seeks to buy itself time to build and release its still mythical hardware. That’s also why Apple wants a chance to look at documents pertaining to that hardware to make very certain it hasn’t infringed any of Apple’s own trade secrets.
A side order of humble pieAll the same, if this case does indeed turn out to be a scenario in which one company has been found with its hand in the cookie jar, then the best possible approach for the company with crumbs around its mouth is going to be damage control. That’s going to take a lot less war-war and a great deal more jaw-jaw. It’s also going to require the intake of a very, very large slice of humble pie. Right now, it seems to me that Apple isn’t talking, and OpenAI isn’t hungry enough to take that first bite. Not yet.
The case, number 5:26-cv-07078, rolls on.
Now please subscribe to my daily, human-curated Apple-related news headline feed at The Core, or follow me on BlueSky, LinkedIn, or Mastodon.
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Tech CEOs used to fear their boards. No more
The colorful CEO of Automattic, which controls WordPress, was forced out last Thursday by his board of directors, which put him on a leave of absence. He used his system access to remove the accounts of the acting CEO and others — an action that could get most employees fired. Instead, he was fully reinstated to CEO a couple of days later.
It’s not hard to compare this to the saga at OpenAI almost three years ago when an eerily similar series of events happened. The board fired the CEO for having repeatedly lied to it. Within a few days, the board reversed itself.
A weaker historical comparison is with Steve Jobs, who was ousted from his Apple CEO role, only to later return. But Jobs at least had the decency to wait a few years while he created and ran NeXT.
To be fair, boards have often been criticized for being puppets of the CEO, who often have a lot to say about who serves on the board. But that criticism doesn’t hold for the first OpenAI board nor for the initial Automattic board.
Some years ago, I was involved with a VC-funded startup, and we were at the stage of forming a board of directors. I was talking with the person who was to be the board chair and he needed candidates for board secretary, which is typically an attorney. That role is supposed to be a lawyer who cares about the board, as opposed to the company’s general counsel, who reports into the CEO and only cares about the company.
The chair said that we need someone who is trustworthy. I had the perfect candidate in mind, until I probed deeper and found that there is a vast chasm between “trustworthy” and “someone we can trust.”
I envisioned someone who was honest and had integrity, someone who would take their duties seriously and would tell the board the truth regardless of the implications. That turned out to be precisely what the chair did not want.
He wanted someone who would vote with us regardless of their legal opinion. He didn’t actually want trustworthy. He wanted blind unconditional loyalty. (That business, thank goodness, never ended up launching.)
But that seems to be what CEOs now want, which undermines the entire point of having an independent board. Other than deciding whether to accept an acquisition offer, the most important decision of any tech board is the hiring — and firing — of the CEO.
What does it say when a board makes that decision for what it seems to be a legitimate business reason — and then reverses itself within a couple of days?
In the case of Automattic, it is not a good look. The board said absolutely nothing about why it forced the CEO out, which made its reversal over the weekend even more perplexing.
When Automattic emailed reporters on Thursday to announce that the CEO had been ousted, the messages were cryptic: “Matt Mullenweg is currently on leave from Automattic. Mark Davies, Automattic’s CFO, will lead the company as interim CEO. The Board has full confidence in Mark’s leadership and in the team’s ability to execute against the company’s priorities.”
The next we heard was an equally cryptic message sent Saturday afternoon: “Matt Mullenweg is the chairman and CEO of Automattic, with full support of the board, and if you search online you can see many top executives and Automatticians supporting him as well.”
Huh? We then asked for clarification of what happened and why. At 2:26 AM Eastern on Sunday, the media team emailed: “Matt and Automattic’s leadership team have great respect for everyone involved. While we can’t comment on specific individuals, we’re thankful for their contributions to Automattic and its mission, and we remain excited about what’s ahead with Matt at the helm. Matt was away for only 33 hours and 20 minutes — we’re now back to work.”
My proposal: A board’s decision to hire or terminate a CEO should be defended with public specifics. And so should a hiring decision. Or, in this case, a reversal of a mandatory leave of absence decision.
If the board is going to take the extreme step of relieving the CEO, it should be required to say why. In some situations, it may need to be vague (as in “personnel situation involving a substantiated sexual assault”), but the board needs to give some kind of reason. That should happen so at the very least, a reversal is also explained.
Further reading:
- Automattic CEO Matt Mullenweg is out: Does this mean long-term viability, or liability, for WordPress customers?
- Matt Mullenweg: WordPress developer hours cutback may or may not slow innovation
- WordPress.org statement threatens possible shutdown for all of 2025
- About that brawl between the WordPress co-founder and WP Engine…
- One-twelfth of Automattic staff leave over WordPress-WP Engine spat
- Things get nasty in lawsuit between WordPress.org and WP Engine
Suspected Black Axe gang leaders face cybercrime charges in the US
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