Oracle prepares another wave of layoffs ahead of September fiscal quarter

According to insiders and an internal memo, Oracle is gearing up for another round of layoffs aimed at trimming payroll by the opening of its fiscal second quarter on September 1. Managers have been instructed to compile lists of positions that could be removed, with some divisions potentially seeing double-digit cuts. Employees are watching their inboxes for a 6 a.m. email, a pattern that emerged when thousands were notified on March 31, receiving termination paperwork via DocuSign and losing system access the same day.

Discussions on the r/employeesOfOracle subreddit indicate speculation about dates ranging from early September to mid-month, tied to a scheduled town hall and internal budget deadlines. The company has already shed about 21,000 jobs this fiscal year, representing roughly 13% of its workforce, and faces a restructuring budget of $2.1 billion, of which $1.8 billion has been spent. The layoffs are linked to Oracle’s heavy investment in AI data-center infrastructure, which has driven up cash burn and debt levels despite a 17% revenue rise.