Oracle could cut more jobs this month as it balances rapid cloud growth with heavy infrastructure spending, according to Business Insider.
Some parts of the business could face sizeable cuts, with the process reportedly targeted for completion before 1 September.
Managers have also reportedly been asked to identify employees who could be affected.
Oracle declined to comment.
The potential cuts come as the company ramps up spending on cloud and AI infrastructure.
Revenue rose 17% to US$67.4 billion in fiscal 2026, while cloud infrastructure revenue jumped 77% to US$18.1 billion.
Oracle also reported negative free cash flow of US$23.7 billion as capital spending accelerated.
The company expects to raise about US$40 billion through debt and equity in fiscal 2027.
During the previous year, it secured US$43 billion in debt financing and US$5 billion from equity.
Its workforce fell by about 21,000 employees or 13% in fiscal 2026, leaving around 141,000 staff at the end of May.
The reported plans follow a year of shrinking headcount as Oracle expands its cloud and AI capacity.
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