Oracle layoffs: 500+ employees get emails from leadership, calls them 'proposed impacted employee'

AI Summary

Oracle has initiated a second round of layoffs affecting over 500 employees in Romania, part of a global effort to reduce payroll and finance AI data center expansion. Impacted units include OCI, Database Technologies, and Oracle Health.

Oracle has begun a second round of layoffs in Romania, notifying around 500 to 520 employees on June 25 with emails headed "collective dismissal-you are a proposed impacted employee." The cuts span OCI, Database Technologies, Oracle Health and several other units, and were reportedly planned months ago. They form part of Oracle's global drive to shed payroll and fund its debt-heavy AI data centre push.