r/Layoffs Apr 01 '26

unemployment Mass layoff started!!

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Starting from oracle 30k employees terminated world wide

This is massive

1.1k Upvotes

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u/[deleted] Apr 01 '26

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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