Story perspectives
Oracle Cuts 11,200 Jobs Amid Strong Cloud Growth
8/14/2025
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Story summary
- Oracle is reducing its workforce by 7%, affecting around 11,200 jobs in the cloud division, mainly in the U.S. and India.
- Cloud revenue increased by 23% to $6.2 billion, reflecting strong financial performance despite layoffs.
- Analysts worry that layoffs may destabilize key teams and hinder innovation.
- Oracle plans to invest heavily in AI and partner with OpenAI to strengthen cloud infrastructure.
