Photonews Logo Photonews logo
  • Home
  • Pakistan
    • Punjab
    • Sindh
    • Khyber Pakhtunkhwa
    • Azad Jammu Kashmir
    • Balochistan
    • Gilgit – Baltistan
  • World
  • Business
  • Entertainment
  • Videos
    Zayn Malik
    Videos

    Zayn Malik Releases Die For Me Music Video Ahead of New Album

    February 6, 2026 3 Min Read
    Masters of the Universe teaser
    Videos

    Masters of the Universe Teaser Reveals Nicholas Galitzine as He-Man

    January 22, 2026 3 Min Read
    Bridgerton Season 4 trailer
    EntertainmentVideos

    Bridgerton Season 4 Trailer Reveals Benedict’s Love Story

    December 26, 2025 2 Min Read
  • Sports
  • Technology
  • Offbeat
  • Blog
  • Contact
Reading: Oracle Lays Off Thousands of Employees Fired Without Warning
PhotoNews PakistanPhotoNews Pakistan
Font ResizerAa
Search
  • Home
  • Pakistan
    • Punjab
    • Sindh
    • Khyber Pakhtunkhwa
    • Balochistan
    • Azad Jammu Kashmir
    • Gilgit – Baltistan
  • World
  • Business
  • Entertainment
  • Videos
  • Sports
  • Technology
  • Offbeat
  • Blog
  • Contact
Have an existing account? Sign In
Follow US
© 2022 Photonews. All Rights Reserved.
Oracle
PhotoNews Pakistan > Tech > Oracle Lays Off Thousands of Employees Fired Without Warning
Tech

Oracle Lays Off Thousands of Employees Fired Without Warning

Web Desk
By Web Desk Published March 31, 2026 2 Min Read
Share
Image Credit: Oracle
SHARE

The Oracle layoffs of 2026 have sent shockwaves across the global tech industry, with tens of thousands of workers losing their jobs overnight.

The company reportedly cut between 20,000 and 30,000 positions, affecting around 18% of its global workforce. Employees in the United States, India, and other regions received termination emails simultaneously at around 6:00 a.m. EST.

The message, titled “Oracle Leadership,” informed workers that their roles had been eliminated effective immediately. Many employees also lost access to internal systems right after receiving the notification.

Oracle started laying off employees on Tuesday, according to two affected workers and several social media posts.

Oracle began global layoffs on Tuesday as it tries to curb costs. Read the email it sent to affected employees. https://t.co/uA1Js8IEBy

— Business Insider (@BusinessInsider) March 31, 2026

The layoffs heavily impacted teams within Oracle’s cloud computing business. Revenue and Health Sciences, as well as SaaS and Virtual Operations units, reportedly saw significant workforce reductions, with some areas losing up to 30% of staff. The job cuts are linked to Oracle’s aggressive investment in artificial intelligence infrastructure.

The company has taken on $58 billion in new debt over the past two months to fund the development of AI data centres. Despite reporting a 95% increase in net income to exceed $6.13 billion in the last quarter, Oracle is facing financial strain.

Read: Oracle CEO Safra Catz Leads Insider Stock Sales With $2.5 Billion Year-to-Date

Its shares have dropped by 30% since September 2025, and some banks are reportedly hesitant to continue lending for its projects. Affected workers were told that details regarding severance packages would be shared through DocuSign. However, the sudden nature of the layoffs has raised concerns about transparency and workforce management practices.

TAGGED:Featured
Share This Article
Facebook Twitter Pinterest Whatsapp Whatsapp LinkedIn Email Copy Link Print
Leave a comment

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Advertisement

Recent Posts

Real Madrid Youth League title 2026

Real Madrid Youth League Title Won After Shootout vs Brugge

Peter Magyar

Peter Magyar Pushes Deal to Unlock Hungary Frozen EU Funds

The logo of the State Bank of Pakistan with a $100 bill in the background.

Pakistan Receives $1 Billion From Saudi Arabia, Says SBP

Post Archives

More Popular from Photonews

Qantas A350-1000
Tech

Qantas Project Sunrise A350 Rolls Out in France

3 Min Read
An illustrative image with the slogan: "Say No to Child Marriage
Punjab

Punjab Sets Minimum Age for Marriage at 18

3 Min Read
Congo virus
Khyber Pakhtunkhwa

Congo Virus Advisory Issued Ahead Of Eid al-Adha 2026 Measures For Hospitals

2 Min Read
Sports

Luka Doncic Injury Update Clouds Lakers’ Playoff Start

The Luka Doncic injury update Lakers fans feared has become the biggest storyline ahead of Los…

April 15, 2026
Business

Pakistan Stock Exchange Rises On Iran Deal Hopes

The Pakistan Stock Exchange rally gathered pace on Friday as investors returned to risk assets, hoping…

April 17, 2026
World

UN Chief Urges Respect for Israel-Lebanon Ceasefire

UN Secretary-General António Guterres has welcomed the temporary truce and said the UN urges Israel and Lebanon…

April 17, 2026
Top NewsWorld

Pakistan Likely to Host Next Round of US-Iran Talks: White House

Pakistan to host US-Iran talks is now the likely scenario for the next round of in-person…

April 16, 2026
PhotoNews Pakistan

Always Stay Up to Date

Subscribe to our newsletter to get our newest articles instantly!

Categories

  • World
  • Pakistan
  • Punjab
  • Sindh
  • Khyber Pakhtunkhwa
  • Balochistan
  • Azad Jammu Kashmir

 

  • Top News
  • Business
  • Entertainment
  • Sports
  • Videos
  • Tech
  • Offbeat
  • Blog
  • About Us
  • Privacy Policy
  • Code of Ethics & Editorial Standards

© 2026 Phototnews
All Rights Reserved.

Welcome Back!

Sign in to your account

Lost your password?