Oracle is reportedly preparing to cut 20,000–30,000 jobs worldwide as it pivots toward building AI-focused data centres, according to a CIO report citing TD Cowen. The move would free up $8–10 billion in cash flow and follows roughly 10,000 job cuts in late 2025, including reductions at its Cerner unit.
Roles tied to data centres and non-core units are expected to feel the biggest impact. Customers may also notice changes, as Oracle asks new clients to pay 40% upfront and explores “bring your own chip” models for cloud services.
The company is reportedly considering selling Cerner to cut costs while financing its massive AI infrastructure, projected to require $156 billion. Oracle aims to raise $45–50 billion in 2026 for additional cloud capacity. Investor scrutiny has grown amid rising debt and legal challenges over undisclosed financing needs linked to its AI expansion.
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