Oracle Layoffs Hit Cloud Teams in US and India Amid AI Push

Oracle has laid off over 150 OCI team members in the US and India, including roles in Enterprise Engineering, Fusion ERP, and AI/ML. The cuts come amid record stock gains and major deals with OpenAI, TikTok, and Temu. Oracle says it’s part of strategic restructuring, shifting focus to AI infrastructure, with new AI-focused hiring underway in Tennessee.