Oracle Layoffs: CFO says ‘do more with less’ isn’t the answer in first all-hands meet after latest job cuts

Wednesday, September 16, 2026 - 21:01
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Oracle Layoffs: CFO says ‘do more with less’ isn’t the answer in first all-hands meet after latest job cuts
Oracle is cutting jobs even as it plans to spend up to $95 billion on capital expenditure in fiscal 2027, largely as it expands its AI and data-centre infrastructure. CFO Hilary Maxson told employees the focus should be on eliminating low-impact work.

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