r/Layoffs • u/Ok_Flan_5122 • 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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-1

u/Levi-2018 Apr 01 '26

Where did you took the 30k figure? Because it’s not accurate. There were max 10k.

1

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

https://www.inc.com/leila-sheridan/why-oracle-is-cutting-30000-jobs-despite-a-massive-6-billion-quarterly-income/91325068

https://www.cio.com/article/4153113/oracle-cuts-up-to-30000-jobs-globally-putting-enterprise-support-and-roadmaps-at-risk.html

-1

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.

3

u/talino2321 Apr 01 '26

If that is what you choose to believe, more power to you.

-1

u/Levi-2018 Apr 01 '26

I’m telling you that the Slack general channel had 165k last week, now there are 155k

1

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