Oracle Reportedly Plans Major Layoffs to Fund AI Infrastructure Spending

Oracle is reportedly planning another major round of layoffs, with some reports saying tens of thousands of jobs could be cut as the company shifts money toward artificial intelligence infrastructure. The move comes as Oracle ramps up spending on data centers and related AI projects, including its role in the Stargate build-out with OpenAI and other partners. The cuts matter because they show how aggressively Oracle is trying to fund its AI ambitions, even at the cost of shrinking its workforce.