Oracle is laying off 188 employees from its Bay Area offices, primarily impacting software developers across various seniority levels. The layoffs include six vice presidents and numerous other managerial positions. Notifications were sent before the official layoff date in mid-October, following WARN Act guidelines. The company continues to cut staff from its cloud computing unit, with additional layoffs reported in Seattle. This comes as Oracle invests heavily in data center expansions while maintaining a high company valuation amidst AI hype.
Oracle is now laying off a total of 188 local staff, including 45 at its Pleasanton campus and 143 at its former headquarters in Redwood City.
The layoffs heavily impact software developers, with six vice presidents, 25 director and manager-level employees, and over 60 lower-level developers losing their jobs.
Workers were notified on or before Wednesday and will officially leave their roles in mid-October. The WARN Act mandates 60 days of notice before layoffs.
Oracle's cloud computing unit faces cuts, with reports suggesting more than 150 layoffs occurring in Seattle, hinting that Bay Area reductions are likely from the same group.
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