Oracle Faces Losses in Share Market After Firing Over 3,000 Employees Globally Amid Restructuring

Oracle Faces Losses in Share Market After Firing Over 3,000 Employees Globally Amid Restructuring

Last Updated Sep - 05 - 2025, 05:13 PM | Source : Fela News

Oracle has laid off over 3,000 employees worldwide, signalling a significant restructuring within the company.

Oracle Corporation has initiated a significant global workforce reduction, laying off over 3,000 employees across various countries and departments. The layoffs began in August 2025 and have since impacted workers in the United States, India, the Philippines, Canada, and several European nations. This move is part of a broader cost-cutting initiative and restructuring within the company.

According to industry publication Data Centre Dynamics, the scale and geographic diversity of the layoffs suggest a systemic downsizing effort rather than isolated changes within specific departments. The affected employees span multiple roles and business units, though specific divisions or job functions were not detailed in the available report.

In the Philippines, entire teams from Oracle Advanced Customer Services (ACS) and the NetSuite Global Business Unit (NSGBU) were reportedly dismissed after being summoned to “Business Update” meetings. In the United States, the layoffs majorly impacted employees within Oracle Health, affecting Care Delivery and Consulting roles. A filing with Washington state’s Employment Security Department confirmed 101 layoffs in Seattle, in addition to 161 job losses disclosed in August.

In India, this week employees of Technology and Support Departments were fired. While the company has not yet issued any official statement about these priests, the report shows that more than 3,000 employees have been affected globally.

Acquisition of Cerner in 2022 by Oracle in $ 28.3 billion establishes the health IT company as a major development driver. However, recent process reflects wide restructuring effort between changing corporate preferences and cost pressures.

According to fresh market data, Oracle's stock value is at $ 223.00, indicating a slight decline of 0.00197% compared to the previous closure.

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