By Simply Wall St
Publication Date: 2026-03-17 01:11:00
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Oracle, NYSE:ORCL, is reportedly preparing to lay off 20,000 to 30,000 employees, or up to 18% of its workforce.
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The cuts come with cost savings and heavy investments in AI-focused data centers and infrastructure.
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The reported plan follows a record quarter for the company and comes amid an ongoing shift toward AI and cloud services.
For investors watching NYSE:ORCL, the scale of potential layoffs comes alongside a long string of strong multi-year share price gains, with the stock up 85.9% over three years and 151.8% over five years. Shares recently closed at $155.97, with a return of 2.9% over the past week, a 30-day decline of 2.6%, a year-to-date decline of 20.3%, and a year-to-date gain of 2.3%.
If these workforce cuts continue, they could reshape Oracle’s operating model and cost base as the company invests more capital in AI…