By Information Week
Publication Date: 2026-03-13 13:31:00
This week oracle announced plans to cut thousands of jobs, marking another major layoff announcement from the tech industry. Some reports suggest around 20,000 to 30,000 jobs will be affected, but a final number has not been confirmed. But despite the reports of layoffs, the company also published posts strong returns This week, the company sent its shares soaring, a sign that Oracle is not in decline but is redistributing its resources by investing in more data centers.
Running leaner teams has become a trend. Across the tech sector and beyond Companies are cutting staff while continuing to advance ambitious technology agendas. In many organizations, IT teams are being asked to support growing cloud inventory, rising cybersecurity threats, and new AI initiatives while budgets (and sometimes headcount) are tightening.
The number of employees is reduced, but the workload is not. When managing smaller teams, CIOs must decide which skills need to be retained…
