Oracle Could Cut Thousands of Jobs in March 2026 Amid AI Cash Crunch
What’s Happening at Oracle?
Oracle is reportedly planning to eliminate thousands of jobs in March 2026.
The update comes just weeks after analysts at TD Cowen warned that the tech giant could cut approximately 30,000 jobs this year and sell its health tech unit, Cerner, in an effort to ease financial challenges associated with its AI data centre expansion.
Which Roles at Oracle are Affected?
The latest round of job cuts is expected to affect various divisions across Oracle — especially roles that are less essential due to AI.
As of May 2025, the company employed a global workforce of roughly 162,000 people. Over 2,000 employees are located in Canada.
Source
Sources familiar with the current situation at Oracle shared information with Bloomberg.
More Oracle Layoff Coverage
For a full overview of Oracle layoffs and the rights that non-unionized employees in Canada have in this situation, see our Oracle Layoffs & Severance Guide.
Disclaimer: The materials above are provided as general information about the rights of non-unionized employees in Canada. It is not specific to any one company and SHOULD NOT be read as suggesting any improper conduct on the part of any specific employer, or a relationship between Samfiru Tumarkin LLP and a specific employer.
About the Author
Lior Samfiru
Lior Samfiru is a Founding Partner at Samfiru Tumarkin LLP and the Practice Leader of the firm’s Labour & Employment Law Group. Known for his advocacy and success representing both employees and employers, Lior exclusively serves clients in Ontario, where his extensive experience has made him one of Canada’s most sought-after employment lawyers.
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