Employees at Oracle received a harsh email on Monday informing them that it would be their final day with the company amid a new wave of layoffs.
The tech giant distributed termination notices at 6 a.m., citing “broader organizational change” as the rationale behind these job cuts.
“After careful consideration of Oracle’s current business needs, we have made the decision to eliminate your role as part of a broader organizational change. As a result, today is your last working day,” the email reportedly stated.
The company’s workforce saw a reduction of 21,000 employees in the fiscal year 2026, which concluded on May 31.
This year, Oracle spent $1.84 billion on severance and restructuring costs linked to earlier job cuts. As per the report, laid-off employees were instructed to promptly sign the termination documents to release their severance packages.
Workers were informed that their eligibility for severance would depend on the company’s severance plan. Details regarding termination dates and compensation packages would be provided through DocuSign to their corporate email accounts.
The email warned that access to computers, email, voicemail, and files would soon be disabled, advising employees against downloading, copying, or retaining any confidential Oracle information.
This marks Oracle’s third round of layoffs in 2026. In August, it was reported that some teams were preparing for significant reductions in their headcount.
According to an insider, managers were asked to compile lists of employees to be let go as the company aimed to reduce its payroll before the second quarter, which began on September 1.
During fiscal 2026, Oracle eliminated about 21,000 full-time positions, amounting to approximately 13% of its global workforce. The company has linked these cuts to factors such as restructuring, performance challenges, strategic changes, and acquisitions, along with the hefty severance spending.
Despite accumulating a significant amount of debt, Oracle reported revenues of $57 billion for the fiscal year 2025, supported by a workforce of 141,000, which includes 29,000 consultants and over 18,000 customer support specialists proficient in more than 20 languages.
