Oracle reportedly lays off thousands of employees to bankroll its massive AI infrastructure bet

Oracle is reportedly laying off thousands of employees to fund its AI infrastructure spending.

The company had 162,000 employees as of May 2025 and has taken on debt as AI spending grew.

Analysts say cutting 20,000–30,000 jobs could free about $10 billion, while Oracle cites $553 billion in guaranteed revenue including a $455 billion OpenAI order.