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Originally published by Capital Businessbusiness
April 1, 2026
3h ago
Tech giant Oracle makes ‘significant’ job cuts
Some 10,000 people are believed to have lost their jobs so far, one employee told the BBC on Tuesday, citing a drop in the number of staff active on Oracle's internal messaging system Slack. Kenya breaking news | Kenya news today |..
✨ Key Highlights
Oracle has implemented significant job cuts as the tech giant makes substantial investments in artificial intelligence (AI). The layoffs, described as not performance-based, are believed to have affected around 10,000 employees.
- An estimated 10,000 people are believed to have lost their jobs.
- Tech giant Oracle is the organization involved.
- The cuts are reportedly linked to Oracle's heavy investments in AI infrastructure and partnerships, including with OpenAI.
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