Oracle (ORCL) Stock Falls as Layoffs Return and AI Debt Mounts

TLDR

• Oracle has started a new round of layoffs, with affected employees told Monday was their last working day.
• Some teams faced double-digit percentage cuts; Oracle’s headcount already fell by 21,000 (13%) in fiscal year 2026.
• The company had around 141,000 employees before this latest round began.
• Oracle is carrying tens of billions in debt to fund AI data center expansion, with $28.5 billion in Q1 capex alone.
• Larry Ellison recently scrapped a trading plan that would have let him sell up to 50 million ORCL stock, worth around $7.5 billion, though no stock was sold.

Oracle has kicked off another round of layoffs, with employees receiving notification emails on Monday telling them their roles had been eliminated as part of a “broader organizational change.”

$ORCL STARTS ANOTHER ROUND OF LAYOFFS

Oracle is cutting jobs again as it spends heavily to build out AI data centers, per Business Insider

The company already reduced its workforce by 21,000 employees, or 13%, last fiscal year

Oracle now expects $90B to $95B in capex this year pic.twitter.com/FoQbgcC4C7

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