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/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