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.