By Cliff Saran
Publication Date: 2026-04-02 06:45:00
The news that an estimated 30,000 employees will lose their jobs at Oracle comes at a time when the company claims it will $533 billion in orders to fulfill.
As of May 2025, the company employed around 165,000 people. The latest quarterly earnings release shows that Oracle expects revenue of $67 billion and capital expenditures of $50 billion in 2026, which it said remains unchanged from its previous financial guidance.
For 2027, the financial forecast predicts sales of $90 billion. Neither the most recent quarterly earnings release nor the subsequent conference call with financial analysts revealed any changes in headcount.
But in a widely reported way LinkedIn post, Michael Shepherd, An AI operations manager at Oracle Cloud Infrastructure (OCI) reposted messages from several colleagues at the company who said they had been laid off as part of the latest round of job cuts.
A post from a Security Alert Manager at Oracle states: “Many of the absolute best colleagues…
