Oracle began a fresh round of layoffs on September 14, 2026, cutting jobs across the US, India, Canada and Mexico, with analyst estimates of the cuts ranging from several thousand up to 20,000-30,000 workers. The company disclosed an additional $700 million in restructuring charges, bringing its fiscal 2026 restructuring total to roughly $2.8 billion. Oracle is redirecting billions toward AI data center capacity after spending $55.7 billion on AI infrastructure in fiscal 2026 and planning $90-95 billion more in fiscal 2027.
