Oracle Layoffs Hit Employees With OCI, Media Services, Sovereign Cloud

Multiple employees let go by the vendor worked in Oracle Cloud Infrastructure media services and sovereign cloud efforts.

Oracle is the latest technology vendor to lay off employees, with cuts targeting multiple employees associated with its Oracle Cloud Infrastructure (OCI) cloud offering.

The Austin, Texas-based database products and services vendor has filed layoff notices with at least two states home to a significant share of its employees, Washington and California.

Oracle is letting go of more than 300 employees across those two states, but one former employee told CRN in a message that the total number worldwide could be in the thousands. Oracle has about 160,000 global employees, according to its website.

Oracle Layoffs

CRN has reached out to Oracle for comment.

Oracle continues to hire for its cloud business, and some of the reductions were because of performance issues, according to Bloomberg.

Oracle previously conducted layoffs of thousands of employees in March and layoffs of hundreds of workers in November, according to Fierce Network.

According to the California layoff notices reviewed by CRN, a large share of the laid off workers—more than 85 of them—are software developers. More than 40 of the affected employees in California are software development directors, managers and vice presidents.

The California employees were notified of the layoffs by Wednesday. The layoffs will go into effect between Oct. 13 and Oct. 15. The Washington layoffs will also go into effect during that window, according to the state.

Multiple employees who took to LinkedIn to post about their layoffs worked in OCI media services and sovereign cloud efforts, according to a review of the posts by CRN.

“It’s amazing how quickly the tides can change,” wrote a senior manager for OCI sovereign programs who has been with Oracle on and off for more than four years. “From the highs of taking on a new role in a new space, to being notified that I’ve been impacted by a RIF (reduction in force).”

According to a review of LinkedIn posts, job roles affected by the Oracle layoffs include:

A senior principal technical program manager with Oracle’s media services who has been with Oracle for more than eight years
A technical content director with Oracle for more than nine years who worked on “clever AI solutions to enable content teams to work faster and better”
A principal OCI product manager who worked on dedicated regions, the European Union sovereign cloud and sovereign AI and worked with Oracle for about five years
An end-to-end principal technical program manager for global data expansions who “spearheaded the management of vendor relationships and technical resources for data center projects valued over $700M” and was with Oracle for more than a year
A principal OCI software engineer who focused “on resilience, reliability, and digital media services” and was with Oracle for at least eight years

Oracle has been a major beneficiary of the hyperscaler investments in data centers to meet demand for artificial intelligence. During the vendor’s latest quarterly earnings call held in June, Oracle reported total revenue for the fourth fiscal quarter of $15.9 billion, up 11 percent year over year.

Oracle reported operating income of $5.1 billion using GAAP. Net income was $3.4 billion.

Cloud license and on-premises license revenue reached $2 billion for the quarter, up 8 percent year over year ignoring foreign exchange.

Other tech companies to announce or conduct layoffs recently include ConnectWise, DellTechnologies, Amazon Web Services and Scale AI.