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4w ago

Oracle Lays Off Cloud Staff to Fund AI Data-Center Buildout

Official filings show cuts in Seattle, Redwood City and Pleasanton to enable a shift of roles into Oracle’s AI data-center buildout.

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In late 2020, Oracle moved its headquarters to Texas from these offices in Redwood City, Calif.
Tech giant Oracle Corp. has another round of layoffs.
Oracle America campus on Oracle Parkway in Redwood City. (Google Maps)

Overview

  • Oracle notified 161 workers in Seattle and issued WARN notices for 143 positions in Redwood City and 45 in Pleasanton, per Washington and California filings.
  • Company statements and sources link the reductions to performance reviews and strategic cost controls as it ramps up AI infrastructure spending.
  • Despite regional layoffs, Oracle Cloud Infrastructure is actively hiring for roles in Tennessee and other markets following its headquarters move to Nashville.
  • Reports from India and Canada and recent manager-employee meetings indicate the total extent of cuts remains uncertain and may grow.
  • Oracle’s aggressive AI push, including a 4.5-gigawatt OpenAI power deal, has driven tens of billions in capital commitments and produced negative free cash flow for the year ending in May.