Check the 10-Q
ORCL has increased the budget for restructuring
Look at https://d18rn0p25nwr6d.cloudfront.net/CIK-0001341439/751a926c-6f62-4baf-8f51-80cbcafdc616.pdf and search for "Restructuring Plan"
$982m has been spent from a budget of $2,103
That means over $1.1bn will be spent on restructuring (layoffs) in Q4.
The storm is coming
@e2 Mr. Market seems unimpressed with the $500M bump.
@a9 yes, you get a lot of "happening tomorrow" nonsense. However, this thread is based on figures published by Oracle to the SEC for restructuring [layoffs] in FY26.
They have $1.1bn they expect to spend in Q4. They also increased the fund by $500mn since the last quarter.
These are facts, not conjecture.
@ax That's correct, except the $1.6bn has increased to $2.1bn in the latest 10-Q filing. So the layoff-fund is $500mn bigger now.
@cy read the 10-Q published by Oracle to the SEC f**ta-d. Clear as day.
$1.1bn remaining of the FY2026 Restructuring Plan. It even lays out how much is available for each area (cloud & Tech, Hardware, Services). Wouldn't want to be in services, they are going to be battered.
fake & troll
So 30K rumor floating around is true
LE said: “We are rebalancing high paying jobs from USA, Canada, Western Europe to low cost areas such as Mexico, India, Eastern Europe, South America, Thailand etc…”
Last quarter, Oracle disclosed a 2026 restructuring plan that it expected would cost the company up to $1.6 billion primarily owing to “employee severance costs.” Of that $1.6 billion, Oracle has recognized about $826 million in charges against the plan—that means Oracle still has about $788 million to go. Bloomberg reported last week that Oracle was eyeing layoffs in the thousands to rebalance its workforce and to lean further in on its shift from an enterprise software licensing company to a cloud infrastructure provider that competes with Microsoft and Amazon.
There’s still $876 million in layoffs cost to be applied; there will be a major shift from replacing knowledge workers from high cost countries to low cost ones
@ad Good point on the fact that these are two-year plans so the company has another five quarters to fully implement it. However, its predecessor, the 2024 plan, was only $679 million. This is $2.1 billion.
@ad Oh, I'm getting out, and taking my piece of that restructuring plan with me.
You want ignorance, look closer to home.
The layoff budget is 10x what it was last year.
$500m has been added to it this quarter
It's called 2026 because it's for FY2026, not CY2026.
The storm is coming and I have my sail up ready to fly out on the wind.
@OP
Oracle puts out their restructuring plans every 2 yeas and executes over that timeframe. Plans are 2022, 2024, 2026, etc. They did increase the planned amount, and 1.121 Billion is left, but that's over then next 5 quarters, most likely not only in Q4. Doesn't mean they won't spend it all in Q4 and re-up the number, but historically they draw it down over the full 8 quarters.
For comparison sake, in the first three quarters of FY2026 they accrued costs of $415MM in Q1, $411MM in Q2, and $156MM in Q3 for a total of $982. The original 2026 Restructuring Plan called for 1.6B, they added another 500M. The big RIF was in September, but in actuality the Jun/Jul/Aug timeframe saw a bigger expense.
This is just standard for how Oracle treats their employees. There always have been, and always will be rolling RIFs, some quarters are just lumpier than others.
Stay ignorant, live in fear or get out.
The math on this works out to 15,000 - 20,000 positions to be RIF’d this quarter
Q4
something tells me we will see daily threads of imminent layoffs which are totally starting this time for sure
buckle up
10 times compared to FY 25
This is definitely confirmation that the TD Cowen and Bloomberg reports are accurate. An increase of $500 million from the $1.6 billion in planned restructuring costs that was reported on the company’s December 2025 10Q. $1.1 billion left to incur between now and the end of May.
reveals that while RPO is up 325% YoY, Oracle is only recognizing a small fraction of that revenue immediately. We are signing 5+ year "mega-deals" to pump the metrics today while burning $50B in CapEx just to keep the lights on for OpenAI and Meta.
Leadership is currently using "burnout as a strategy": freezing hires and keeping the pressure high to let expensive, experienced engineers walk out for free
Also the hidden ,The Ampere "Cheat Code": Net income was heavily padded by a $2.7 billion one-time gain from selling the Ampere stake to SoftBank . Without that, the operating expense spike would look much uglier.
Wow, there it is in black & white...sigh.