Oracle Cloud Infrastructure revenue rose 121% year over year. The software company plans to spend between $90 billion and $95 billion on data centers this year to support the ongoing expansion of its cloud services.
Tuesday, October 20, 2026
Story
Oracle Cuts 546 Cloud Staff Despite 121% Revenue Growth
Business28 days ago
A leaked internal document reveals Oracle eliminated a portion of its America Cloud Infrastructure workforce, affecting 7.6% of the 7,185 listed employees. Total cuts reached 546 people, with software developers representing 17% of the layoffs and the Software Developer III role seeing 57 cuts. Manager roles accounted for 128 of the reductions, or 23%, and 41 data center support positions were removed, including the division’s vice president and two senior directors.
Looking for more context or analysis?
Tilt chat provides reliable, tailored insights, alerts, and automations.