Oracle Fires Employees via 6AM Emails in Latest Restructuring Round
Oracle has begun another round of layoffs, sending termination emails to staff as early as 6 a.m. Monday as part of its ongoing fiscal 2026 restructuring. The company's workforce already shrank by about 21,000 people this fiscal year, and Oracle has now increased its restructuring cost estimate by $700 million to roughly $2.8 billion, though the exact number of newly affected employees remains undisclosed.