fun fun......
Restructuring Budget (FY 2026): Up to $1.6 billion
Implied Layoffs: ~10,000 – 20,000 employees (depending on mix of roles and regions)
Early FY 2026 confirmed layoffs: ≈ 3,000 – 5,000 publicly reported so far
Remaining reductions likely spread through late 2025 and 2026 as part of Oracle’s AI-driven reorganization and cost optimization efforts.
https://www.ynetnews.com/tech-and-digital/article/h1w11pj11aee#google_vignette
@ct Very true, EMEA is a region, not a country. People say that because who really knows what offices/presence Oracle has in which country? That's like in the USA, trying to pin down which offices are going to lose people. Which call center? Which sales or field office? True the different states are not separate countries like they are in the EU. I know I do want to know which country, I have friends in a number of countries over there and no idea if they could get affected.
@c8 cheap H1B labor doesn’t exist anymore
@c8 another 10% according to that. Hiring in OCI and layoffs elsewhere.
@c5 very strange to say all the time EMEA . EMEA is not a country ... So laws are different per country then that will take time and the execution date will be different depending on the country.
It’s about 9,000 employees so far with countries like the UK and Czechia to go
nothing new, 10% global reduction is communicated to all orgs and is well underway since August. over 10k are already cut. at the same time, thousands are hired, which makes no sense, unless you realize expensive (older employees, expensive locations) are replaced with offshore / H1B cheap labor.
I was told the EMEA team will restructure from 1st Nov. My reporting manager will also change. Do I need to worry about it?
Oracle BOHICA Factor just went up to
8.6 / 10.0
Upcoming layoffs will be in name of Performance
I think Oracle employees should start to think their future job outside of Oracle.😂
Well yes, that aligns with the overall expectation of a 10% reduction, which is roughly 17,000 employees.
Step 1. Find the big, red button that says EJECT
Step 2. Push it!
Jaw dropping figures