Oracle is cutting thousands of jobs, raising questions about Austin’s tech economy

Oracle is cutting thousands of jobs, raising questions about Austin’s tech economy

By KXAN Austin
Publication Date: 2026-04-01 23:55:00

Austin-based tech giant Oracle is laying off thousands of workers, a move first reported by CNBC that raises questions about the future of the city’s tech-driven economy. READ MORE: https://www.kxan.com/news/local/austin/oracle-cuts-thousands-of-jobs-prompting-questions-about-austins-tech-economy/