Oracle has drawn up plans for a new round of layoffs this month, sources say

Business Insider•Tue, Aug 11, 2026, 08:04 PM•2 min read

The potential layoffs reduce Oracle's payroll as it racks up billions in debt to fund AI infrastructure.

Source: [Business Insider](https://www.businessinsider.com/oracle-is-planning-another-round-of-job-cuts-this-month-2026-8)

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