The layoffs come as Oracle accelerates its AI strategy through the Stargate joint venture with OpenAI and SoftBank. This initiative aims to invest up to $500 billion in building advanced AI infrastructure in the United States over the next four years.

Layoffs: In a June regulatory filing, Oracle had noted that it periodically reshapes its workforce due to strategy changes, reorganisations, or performance considerations. “These types of restructurings have resulted,

Oracle has cut over 150 jobs in its cloud unit, mainly in Seattle, amid soaring AI infrastructure costs. While still hiring and citing performance issues for some cuts, the full extent is unclear. The move follows similar actions by other tech giants and comes despite Oracle's strong stock performance.