Oracle, a cloud computing giant, is laying off 101 employees in Seattle, following a previous reduction of its local workforce. The layoffs are part of a wave of job cuts in the tech industry this year, with companies citing shifting priorities and the need for a streamlined workforce. Oracle had 3,900 employees in the Seattle area, according to the Puget Sound Business Journal, and its physical footprint in the region is shrinking.
Cloud computing giant Oracle has announced the layoff of 101 employees in Seattle, following a previous reduction of its local workforce. This move is part of a broader trend of job cuts in the tech industry this year, with companies citing shifting priorities and the need for a streamlined workforce. According to the Puget Sound Business Journal, Oracle had 3,900 employees in the Seattle area before these layoffs [1].
The latest layoffs bring the total number of Oracle employees let go in the Seattle area to 262, with the company's physical footprint in the region shrinking. Oracle has been reducing its presence in the city, including leaving its downtown Bellevue office and shedding a significant chunk of its space in downtown Seattle [1].
The layoffs come as Oracle focuses on its AI infrastructure investments, a trend echoed by other tech giants. Microsoft, Amazon, and Salesforce have all announced or confirmed layoffs this year, with Microsoft letting go of more than 15,000 workers and Salesforce replacing 4,000 customer service jobs with AI [1, 2].
Oracle's stock has been trading near record highs, with the company reporting $57.4 billion in fiscal 2025 revenue and projecting even stronger growth for fiscal 2026. Despite these strong financial results, Oracle is cutting jobs to fund its AI initiatives [2].
The layoffs are part of a broader trend in the tech industry, with companies like Cisco also announcing job cuts. Cisco will cut 221 positions across its Milpitas and San Francisco offices, while Oracle plans to lay off 101 employees at its Santa Clara location [3].
The tech industry's focus on AI and efficiency is driving these workforce reductions. However, the impact on individual employees and the broader economy remains to be seen.
References:
[1] https://www.seattletimes.com/business/cloud-computing-giant-oracle-lays-off-more-seattle-workers/
[2] https://www.benzinga.com/markets/equities/25/09/47491791/oracle-cuts-hundreds-of-jobs-despite-stock-near-record-highs-report
[3] https://www.thedailystar.net/tech-startup/news/cisco-and-oracle-cut-hundreds-jobs-report-3975886
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