Kamal Ghorui
Oracle is trending on X and Google Trends, but why is there a sudden buzz around it?Oracle, the tech giant known for its databases and cloud services, is suddenly in the headlines. This isn’t just about another software update, it’s the kind of news that hits hard in the tech world.Amid the ongoing unstable geopolitical conditions, layoffs have become one of those lightning‑rod topics in the world of business and money that make or break global economies.When a big company announces that it’s cutting thousands of jobs, it’s not just about the people who lose their livelihoods, it turns into headlines that shake markets.
Why is Oracle trending?
Oracle has lately been in the headlines, not because of some mega technological launch but mainly because of a massive layoff announcement that’s rippling through technological circles. The company recently started notifying employees worldwide about job cuts, and the numbers are staggering.According to Business Insider, these job cuts could impact thousands of employees across global operations. One notification email from the company mentioned in the report states, “After careful consideration of Oracle’s current business needs, we have made the decision to eliminate your role as part of a broader organisational change.”It further added, “After signing your termination paperwork, you will be eligible to receive a severance package subject to the terms and conditions of the severance plan. You will receive an email from Docusign to your Oracle email address with details on your severance and termination date.”
Oracle lays off 30,000 employees, company’s shares topple (photo: @HedgieMarkets/ X)
How many employees will Oracle lay off?
Analysts estimate that Oracle’s latest round of job cuts could affect between 20,000 and 30,000 positions, according to estimates from TD Cowen cited in the report.At the time, Oracle had around 162,000 employees, so this would be a very large layoff. Some of the roles being cut are those expected to shrink as artificial intelligence advances, while in the cloud division, hiring has been slowed or frozen after a review of open positions.This is Oracle’s largest restructuring so far, following earlier, smaller waves such as 3,000 job cuts in September 2025 across India, the US, Canada, and the Philippines.
Oracle’s shares have toppled by nearly 30%
Adding to the pressure, Oracle’s shares have fallen about 27% so far in 2026. Investors are worried about strong competition from other generative AI companies and about how much cash Oracle is spending to build new AI‑ready data centers.However, in September 2025, Oracle reported that its remaining performance obligations leaped 359% to $455 billion, thanks largely to a huge deal with OpenAI that’s worth over $300 billion.
There has been a rage of layoffs lately
This comes amid a sudden increase in tech layoffs happening recently, Meta just cut hundreds last week, and Amazon slashed 16,000 corporate roles after 14,000 more earlier. Oracle’s new leadership, with Mike Sicilia and Clay Magouyrk stepping in for CEO Safra Catz, adds to the spotlight.
