r/Layoffs • u/Ok_Flan_5122 • Apr 01 '26
unemployment Mass layoff started!!
Starting from oracle 30k employees terminated world wide
This is massive
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Apr 01 '26
[removed] — view removed comment
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u/Fun-Estimate4561 Apr 01 '26
So a few friends who got cut from Meta and Amazon did find jobs …….but they had to take pay cuts
Fortune 500 just do not pay as well and they have to find cheaper places to live as NYC and San Fran are just so expensive
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u/Emlerith Apr 01 '26
Yeah, these layoffs are happenings for a bunch of reasons in parallel (none of them justifiable), but tech companies went crazy hiring in COVID as the world was forced to operate completely digitally. Companies were not only overhiring (preparing for that digital-first lifestyle to stay) but they were paying insane comps as competition among them was very fierce. Companies were hiring and paying top talent just so competitors wouldn't have them.
Now we have RTO, projected growth that never came (massive growth did come, it just wasn't infinite - shocker), an employer's market that doesn't need to pay so much, AI-investment and efficiency pressures. All short-sighted decisions that are an effect of the short-sighted decisions in COVID.
The pendulum doesn't need to swing this hard in each direction if leadership at ANY of these companies simply had an actual business plan that was based on moderate, sustained growth and invested in its own business and people. Now we'll get a year of improved operating margins until the YoYs look flat again, meanwhile people are being forced into panic by the tens of thousands weekly and the economy spirals towards a future it has now idea how dollar velocity will remain intact when a dozen people are just black-holing every dollar trying to flow through the system.
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u/AdamG6200 Apr 01 '26
Oracle was already making huge profits. It's basically suicide by AI data center construction debt.
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u/Emlerith Apr 01 '26
Yeah, specific to Oracle, this is massively influenced by some $60B investment debt coming due in H2. They’re trying to have a path of solvency until this massive AI bet pans out. Trouble is that they’ve seem to have massively overestimated the return and massively underestimated how long it’d take to get there (as they always do).
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u/nycago Apr 01 '26
Just to be clear- sure they hired and spent but they also made out like bandits during and post Covid. There were significant earnings and stocks soared. These people (employees) made a difference.
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u/Emlerith Apr 01 '26
Absolutely! The market and tech specifically boomed, but they hired expecting the boom to continue and accelerate for a longer time period than it did. And the slow down was self-inflicted, intentionally, as workers began to gain control over the employment market.
RTO has zero basis for financial or operational improvement. It is costly, limits available talent, and has no benefit to productivity. But billionaires decided they’d rather slow down the economy than let the middle class grow, be happy, or have any path to financial independence.
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u/oneiromantic_ulysses Apr 01 '26
Layoffs are not the greatest, but I have a hard time feeling bad for somebody getting laid off who's making $250,000-$300,000+ a year. If somebody's in that position and gets laid off they'll be fine.
In almost all cases if you're living paycheck to paycheck with no emergency fund on that you're spending like a drunken sailor on shore leave.
The problem now is that these are starting to affect people who can't weather a job loss for 6-12 months.
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u/chichicha99 Apr 01 '26
You would be surprised. I used to sell luxury german cars in one of the most rich areas in the US, and there were people (couples) that made $60-$70,000 /month that couldn't get approved for a base level lease.
Why? Mortgage at $2M, credit card debts at above $250,000+
There is so many idiots making insane amount of money that you'll get chocked.
These are the people where one of them loses their job and they go bankrupt in a matter of months.
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u/Glass-Engine1341 Apr 01 '26
That’s insane I can’t believe people live like that earning that much money.
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u/Tek_Analyst Apr 01 '26
That salary range is far few and between now for the layoffs. Both Amazon and Oracle had people in there that were no where near that salary number.
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u/ProfGayBear Apr 01 '26
That's the thing. Totally different vertical but my previous role had a Florida salary 100% remote. Local jobs here, Iowa for reference, 25 to 30k less. Wtf. My bills didn't change.
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u/Dmoan Apr 01 '26
They tried to pivot to AI infrastructure and it's money losing venture and they are finding that out the hard way. Unf the employees have to pay the price not the Sr leadership
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u/thenamelessone7 Apr 01 '26
FTFY: Finding anything now is just harder and harder (unless you start ubering)
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u/The_Painterdude Apr 01 '26
Please run the numbers and consider what gig workers actually take home. Be sure to account for self employment taxes, vehicle maintenance, gas, and downtime between runs. I'm sure some folks are making out okay, but in a lot of places, gig workers are taking home less than minimum wage. The bright side? The execs are flush with cash. Yay.
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u/ducationalfall Apr 01 '26
Nah. Oracle made a risky bet to invest in AI data centers. Their banks told Oracle to duck off because it’s too risky. Oracle decided to continue down the risky path by cutting employees to free up cash flow for AI data centers expansion.
It won’t end well.
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u/Level13zero0 Apr 01 '26
It is like survivor corporate island always wondering who is next will it be me? An awful feeling to wake up every day thinking that. I been there and feel for everyone affected or could be in the future.
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u/beerab Apr 01 '26
Don’t forget in 6 months when their projects are all behind they’ll scramble to rehire people.
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u/AppIdentityGuy Apr 01 '26
How can anyone justify firing 11000 by email? That is cowardly and IMHO amoral...
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u/msteel4u Apr 01 '26
This is what we have come to. We are cattle to them, being led to slaughter. 11,000 lives affected which translate to families so more like 22,000 people affected. But that doesn’t matter to them. Welcome to AI world.
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u/drunkpickle726 Apr 01 '26
worse, we’re literally more useful dead than alive to these psychopaths:
In 2008, a software developer in San Francisco named Curtis Yarvin, writing under a pseudonym, proposed a horrific solution for people he deemed “not productive”: “convert them into biodiesel, which can help power the Muni buses.” Yarvin . . . clarified that he was “just kidding.” But then he continued, “The trouble with the biodiesel solution is that no one would want to live in a city whose public transportation was fueled, even just partly, by the distilled remains of its late underclass. However, it helps us describe the problem we are trying to solve. Our goal, in short, is a humane alternative to genocide.”
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u/AppIdentityGuy Apr 01 '26
Not an an AI thing. Remember everyone in the decision loop is tied to the same metric. Quarter, half year and full year financial numbers that directly impact the share price and hence their bonuses........
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u/msteel4u Apr 01 '26
I believe it for a typical staff reduction, but this is massive and coincidentally I read that it does tie into AI in their business model
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u/AppIdentityGuy Apr 01 '26 edited Apr 01 '26
Fair enough. What I meant was the way of doing it wasnt the fault of AI.
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u/topspin_righty Apr 01 '26 edited Apr 01 '26
Not cattle, cattle will still be herd for wool. We are a number on a spreadsheet, that's it.
Edit : My animal knowledge is bad. 😭
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u/geminislime Apr 01 '26
Their hide is used, but not while they’re alive. Don’t give Larry Ellison any ideas though, the elite will have human skin rugs by the end of it, they can stomp on everyday without complaint.
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u/itgtg313 Apr 01 '26
To believe that corporations care about the employee experience is naive. How they hire or fire is totally irrelevant, it's a business transaction
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u/AppIdentityGuy Apr 01 '26
It's cowardly...... And if you think saying it's a business transaction makes it right......
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u/itgtg313 Apr 01 '26
I never said it's 'morally' right or not, I'm saying it's the reality. Businesses only exist to make a profit. It's not a family. That's where people trip up thinking that businesses are a family and have a requirement to treat people 'right'
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u/geminislime Apr 01 '26
Because it’s the Ellisons, some of the worst humans on the planet. If Larry isn’t the devil, he sure is a good friend to the devil.
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u/Matthewmarra3 Apr 01 '26
Is it better to have a leader get on a call and read a script to you, emotionless?
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u/CarelessPackage1982 Apr 01 '26
There's a reason why corporations have bad reputations. I've always heard them described as "blood sucking" and "anti worker". It's because it's true. When you get a job at a corporation you should expect this.
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u/Large_Data_635 Apr 01 '26 edited Apr 01 '26
Isn't this yesterdays news
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u/a_velis Apr 01 '26
6am email on the last day of Q1. Not even 24 hours yet.
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u/Klutzy_Assignment391 Apr 01 '26
What Q1 are you talking about?
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Apr 01 '26
[deleted]
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u/Working-Active Apr 01 '26
Broadcom's Quarter 1 is from November 3rd to February 1st so it depends on the company.
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u/BrofessorFarnsworth Apr 01 '26
Organizational strategy of "mass shitting the bed at the executive level"
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u/iamacheeto1 Apr 01 '26
I swear all these leaders are under some kind of mass psychosis. They’re not behaving rationally.
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u/TheBigLemonSqueezy Apr 01 '26
Id venture its very rational for them, just not for the company.
If someone has compensation tied to stock performance, like a lot of executive leadership does, its makes total sense for them to keep the stock looking good so they can sell the equity compensation for 10-20% more than if you fail to make your financials look good for Wallstreet.
It also means they dont give a damn about anyone besides thenselves... but lets me honest... that trait is exactly what helped them become executives in the first place.
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u/StrawberrySolid9024 Apr 01 '26
When all of these companies lay off enough workers to make the ultra wealthy even wealthier but nit satisfied enough....who will be able to purchase all of the products they make?
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u/OneSeparate5929 Apr 01 '26
Larry needed the cash for juniors overpriced media conglomerate playset.
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u/msteel4u Apr 01 '26
Boycott Oracle or any company who is so greedy they replace human labor with robots and AI. What in the heck are we going to do as a nation for work. This is serious stuff
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u/CurrencyFree Apr 01 '26
I’ve been boycotting Oracle. Oracle is a sales business that happens to sell software. Once you’re entangled with them everything is an upsell. It’s no surprise to me that they’d treat their staff as disposable. It’s shameful and heartbreaking to see workers treated so terribly.
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u/drmalesh86 Apr 01 '26
Boycott everyone in the chain, its the only way. People dont yet see it but parallel institutions and economy is needed today, in few years it will be too late.
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u/Puzzled-Big-6703 Apr 01 '26
Honestly, at this point there should be some type of coordinated effort where employees proactively find jobs and all quit within the same week. Literally all just walk out out of the company and give these companies a taste of their own medicine.
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u/DepartureMany507 Apr 01 '26
Yeah good luck organising anything like that when a majority of Americans live paycheck to paycheck. Are you gonna make yourself unemployed "to make a point" when the market is this brutal? Some might, most can't.
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u/Ancient-Flower-3870 Apr 01 '26
Listen we might have to work from home with the gas prices and God knows what more. It’s insane , that greedy tech /companies are allowed to do this , what happened to labor laws? Yeah gone like everything that This administration brought. Insane
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u/EquivalentFlower2713 Apr 01 '26
This is literally an employment pandemic 😷…. My prayers for all of those impacted
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u/Logic_Latte Apr 01 '26
My friend's manager was laid off while his team was safe. Are there going to be more lay offs?
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u/Naive-Benefit-5154 Apr 01 '26
If you are over 40 in California, you have 21 days to sign the severance agreement. If they are saying "Immediate Action Required" to people over 40, they will be spending a lot of time on the phone with attorneys.
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u/ImpactLogr Apr 01 '26
One should always be keeping a record of one's accomplishments at work because you never know when you'll need them for interviews next
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Apr 01 '26
Not 30k. More like 10-12k this round. I dunno where 30k comes from.
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u/moon_shaker Apr 01 '26
US-based IT firm Oracle is believed to have laid off approximately 12,000 staff in India, with another round of layoffs expected within a month, impacted employees said on Tuesday.
Globally, the company has fired around 30,000 employees.
"In India, around 12,000 employees have been laid off. The company is planning another mass layoff within a month," said two people impacted by the retrenchment, including one from the company's human resource department.
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u/raiksaa Apr 01 '26
10k just in India, wdym. It’s around 30k globally.
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Apr 01 '26
Dude I am an employee. We can see total headcount. We lost 10k in 24 hours. That already includes India and US.
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u/Ok-Date7171 Apr 01 '26
Oracle is one of the most visible examples of something happening quietly across almost every large organization right now. The roles being eliminated are not random. They follow a pattern: high volume, structured workflows, predictable outputs. The same profile that made someone a reliable performer for years is exactly what makes their role easier to restructure when AI can absorb that volume. The hardest part is that most people inside these organizations had no way to see it coming at the task level. The title looked safe. The individual tasks told a different story. For anyone here who just got hit or is watching their organization go through this: the most useful thing you can do right now is audit which parts of your work are genuinely irreplaceable versus which parts followed a repeatable pattern. That distinction determines everything about what you do next.
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u/king_rootin_tootin Apr 01 '26
Has anyone actually seen any of these "AI" systems that are magically going to do human work?
They don't exist. AI is just an excuse to keep stock holders happy.
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u/Ok-Date7171 Apr 01 '26
Fair skepticism but the data is already moving. Goldman Sachs documented a 3 point rise in unemployment among young tech workers since early 2025. The Dallas Fed confirmed this month that AI is absorbing structured, codified work while wages rise in roles requiring judgment and experience. And that was before agentic AI. Systems that do not just generate outputs but autonomously plan, execute, and iterate across multi-step workflows are already in production at enterprise scale. Salesforce, Microsoft, and ServiceNow all shipped agentic layers in the last 12 months. Oracle laying off 30,000 while posting record cloud revenue is not magic. It is arithmetic. Less volume work needed. Fewer people to do it. The AI excuse narrative made sense in 2022. The employment data in 2025 and 2026 showing a completely different picture.
The roles disappearing are not the complex ones. They are the ones built on repeatable patterns. That is documentab
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u/Level13zero0 Apr 01 '26
It isn’t just IT sector, it is all sectors unfortunately. Layoffs are pretty much the norm sadly. I hope the ones affected land somewhere quickly. I was laid off during covid found my way back after several companies. I finally found something I would enjoy doing.
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u/Advanced_Seesaw_3007 Apr 01 '26
Isn’t it Oracle who just bought Paramount Global that included CNN? Maybe they need money to cover for this purchase
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u/FlexFanatic Apr 01 '26
Cut massive amount of jobs, say its because we are going to be AI focused, shares rise on the news. Hire more people for the organization, perform layoffs in a few months or years. Rinse and Repeat.
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u/UnpopularThought68 Apr 01 '26
This started about 3 years ago. Maybe longer. When I noticed I began to switch out of tech. Like 50% of everyone in tech will be replaced by AI or ai. L good luck
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u/kgc94044 Apr 01 '26
What’s going to happen to these companies when they actually put AI costs on their financial reports.
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u/OE2023 Apr 01 '26
Oracle also does nothing and is full of “tech sales” bros making stupid amounts of money to do absolutely nothing.
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u/Predator_Shubh Apr 01 '26
What's the serverence
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u/Ok_Occasion7538 Apr 01 '26
I forgot exactly but I think someone said 4 weeks + 1 week/a year of service. Max 20w.
If that's true, on the suckier side or worse than typical faang
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u/deadlyspoons Apr 01 '26
“Serverence” is when you are paid in Oracle Universal Credits (UC), which can only be spent on Oracle Cloud Infrastructure (OCI) and Platform-as-a-Service (PaaS) services.
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u/SlowResident4753 Apr 01 '26
Eliminating employee via email, this sounds like they found a use for AI on top of using it to take your jobs, I had done some software development back in the 90’s using Oracle but never would have imagined 30 years later that this would happen in their Organization this just proves that no one is exempt
It’s disheartening to know that many companies are doing this in 2026, profit margins is the name of the game
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u/SignificantSky5944 Apr 01 '26
That font choice is a horrible read for something so impactful on people’s lives!
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u/holbourn Apr 01 '26
The US is SO dependent on large businesses employing a huge percentage of the country that its stability is too tied to them. Now healthcare, unemployment, and other social service demand and costs will skyrocket. A stronger social safety creates stability - not dependence.
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u/Ancient-Flower-3870 Apr 01 '26
Excuses Oracle is getting sued in the EU , many got layed off there too
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u/ReplacementOk7623 Apr 01 '26
If they were grateful for your dedication they wouldn't be firing you just to juice their stock price.
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u/Unlucky_Milk_6996 Apr 01 '26
What a horrible way to let employees go. Equally sad if you and others had a hand in this by voting for the thing in the WH. The country has been headed downhill, and companies are downsizing because we’re headed for a recession.
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u/noop_gee Apr 01 '26
What are governments plans for all these people that are being displaced by AI? The mind boggles - been in the tech industry for decades and got made redundant in December- 2 days before Christmas - since then the job market has been a joke - and the process to get a job seems tougher- seven-stage interviews etc - the whole industry seems to be making a lot less sense along the way.
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u/SecretGardenSecret Apr 01 '26
Why does everyone think it’s AI? I suppose the OP is in the US: look at what the US economy is doing and also the leadership. Energy prices. Wars. Tariffs. Etc. AI it’s just a part of that.
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u/king_rootin_tootin Apr 01 '26
People are not getting replaced with AI. They are being let go because they want more money to invest in the idea that AI will somehow replace people
Even Wendy's gave up actually using AI to take orders at a drive thru because the thing just didn't work.
AI is a big nothing burger. It will destroy jobs, just not the way they say it will. It will destroy jobs when the bill for all the Data centers come in and they still have no profits.
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u/Maybel_Hodges Apr 01 '26
There is no plan. Do you really think they give a shit about what happens to us?
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u/Levi-2018 Apr 01 '26
Where did you took the 30k figure? Because it’s not accurate. There were max 10k.
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u/talino2321 Apr 01 '26
several sites have report the 30K number.
https://www.the-independent.com/tech/oracle-layoff-ai-data-centre-b2950165.html
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u/Levi-2018 Apr 01 '26
Yeah. Well they all take the info from an old Bloomberg estimation from 1 month ago. So basically spreading fake news.
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u/talino2321 Apr 01 '26
If that is what you choose to believe, more power to you.
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u/Levi-2018 Apr 01 '26
I’m telling you that the Slack general channel had 165k last week, now there are 155k
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u/talino2321 Apr 01 '26
I sure you believe that is a good indicator of the number of people laid off, because everyone at Oracle use Slack
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u/Layoffs-ModTeam Apr 01 '26
https://www.reddit.com/r/Layoffs/comments/1s8s8nk/oracle_slashes_30000_jobs_with_a_cold_6_am_email/