# Oracle laid off up to 30,000 employees across the globe on April 1.

*business · news · 2026-04-27 · Firstpost*

## Key points

- Oracle laid off between 20,000 and 30,000 employees globally in a single day without warning.
- Long-serving employees with decades of institutional knowledge were among those abruptly terminated.
- Speculation arose that employees with substantial stock options may have been targeted in layoffs.
- The layoffs are partly driven by Oracle’s negative cash flow and $300 billion AI cloud expansion plans.
- Significant capital expenditure and scaled-back data center projects have contributed to financial strain.

**Companies:** Oracle
**Countries:** US, India, Canada

[Read the full story on Firstpost](https://www.firstpost.com/tech/oracle-layoff-saga-continues-30-year-veterans-cut-in-latest-wave-14004746.html)

---

Canonical: https://newsio.io/n/aaf00bc3-accf-46a3-9a68-665386f6c4f4/oracle-laid-off-up-to-30000-employees-across-the-globe-on-april-1-some-of-those
Summarized by Newsio from Firstpost. https://newsio.io/how-it-works