Fri, 01 May 2026 14:06:53 +0000

Oracle Just Shredded Dreams with Massive Layoffs—What Really Happened Inside the Redwood Towers In a shockwave that sent tremors through Silicon Valley and global tech circles, Oracle Corporation has announced one of the largest workforce reductions in recent tech history—tiny at first, but massive in impact. Just shy of 20,000 employees—nearly 10% of its global workforce—around the world, Oracle is shuttering divisions, streamlining operations, and sending eerie whispers across the industry: the company is turning a bold new chapter, one defined by brutal consolidation and massive layoffs within its iconic Redwood City headquarters. ### The Move That Rattled the Tech World Backed by CEO Larry Ellison’s signature combative leadership style, Oracle’s sweeping restructuring unveiled last week included cascading layoffs across engineering, sales, operations, and product development. What began as initially reported afternoon rounds of change has unfolded into a coordinated effort to slash overhead and double down on cloud-first strategy—though skeptics question whether the pain today signals deeper structural challenges.