Oracle layoffs

Oracle's $700 Million Layoff Line and Who It's Still Hiring.

Oracle added $700 million to its restructuring plan, and the layoff notices followed days later. Its recent hires tell a different story: data center construction, power, reliability and infrastructure finance, with talent pulled from AWS, Microsoft and Apple.

September 2026 · Goodall Research · Members only

Last week Oracle dropped a detail into their 10-Q that caught my attention: $700 million.

That $700M was an additional amount Oracle added to its restructuring plan for actions it expected to take. In a wild twist…the layoffs happened just days later. And my goodness the email was brutal.

So backing up a moment for a mini refresher…Oracle’s 2026 restructuring plan was already expected to cost up to $2.1 billion as of August 31. Then management supplemented that plan by another $700 million for, in Oracle’s words, “additional actions that we expect to take.” That takes the expected program cost to roughly $2.8 billion. Oracle says restructuring expenses include employee severance, contract termination and other exit costs.

I started digging into my workforce datasets over the weekend to figure out who was at risk this round and how many people would likely be laid off at Oracle in September.