The initial wave of a massive bloodbath at Oracle has begun to show up in public filings — with 700 workers expected to lose their jobs by June 1, according to California state records.
The software giant headed by billionaire Larry Ellison will cut 310 workers in Redwood City, 184 in Santa Clara, 158 in Pleasanton and 50 in Santa Monica.
The statewide tally of roughly 700 job cuts, in addition to 491 firings in Seattle, is part of the software maker’s recently announced bloodbath that is reportedly in the thousands of jobs.
Analysts at investment bank TD Cowen predicted earlier this year that Oracle could cut up to 30,000 workers and sell some of its assets amid a push to finance AI infrastructure projects.
The company had 162,000 global employees as of May 2025.
Oracle’s cuts are part of a broader tech layoff frenzy.
The first three months of 2026 saw tech companies dump 52,050 workers — a 40% jump from the same period last year, executive coaching firm Challenger, Gray & Christmas said in a report, with artificial intelligence increasingly being blamed for the cuts.
In addition to Oracle, the state filings show that chip stalwart Qualcomm will lay of 67 workers in San Diego by late May and Meta will say goodbye to nearly 200 workers in Silicon Valley over the same time period.
Companies in California planning a mass layoff, plant closure or relocation are required to provide advance notice.
The broader tech layoffs have already caused unemployment rates to spike in the San Francisco Bay Area in January, according to a report in the San Francisco Chronicle.
Tech giants like Meta, Google and Amazon have also cut jobs this year, even as they invest billions in artificial intelligence.
Oracle’s handling of the layoffs have already sparked outrage on social media after data surfaced that it had filed for roughly 3,126 petitions to employ H-1B workers in fiscal years 2025 and 2026, according to U.S. Citizenship and Immigration Services data, The Post reported earlier this month.
Employers must submit the paperwork when seeking to employ foreign workers in specialty occupations like technology.
Oracle moved its headquarters from Silicon Valley to Austin in 2020 and then Nashville in 2024, helping spur what has since become a tech exodus from California.
Still, the company has kept a large number of workers in the Bay Area.
Last month, the company reported strong earnings, with revenue up 22% to over $17 billion in the fiscal third quarter ending Feb. 28, compared to the prior year.
This week, Oracle hired Hilary Maxson as its new chief financial officer from Schneider Electric.
