Oracle has begun another round of layoffs, with employees receiving early-morning emails informing them that their positions had been eliminated as part of a broader organizational restructuring.
The latest cuts come as Oracle aggressively expands its AI and cloud infrastructure while seeking to control rising costs and debt. The company’s workforce had already fallen by about 21,000 employees, or 13%, during fiscal 2026. Its restructuring program is now expected to cost about $2.8 billion after Oracle added another $700 million to its estimate.
Samsung India Faces Cost, Demand Pressures
Samsung India has begun phased layoffs, with around 80-100 executives in its television and home-appliance businesses reportedly asked to leave. Director-level officials, team leaders and regional managers are among those affected.
Rising memory chip prices, weaker smartphone volumes and pressure on margins have contributed to the restructuring. Another round of cuts could affect more employees in sales and marketing.
Uber Reshapes Workforce for Autonomous Future
Uber plans to eliminate about 3,300 jobs, or roughly 10% of its workforce, in its biggest cuts since the pandemic.
The company says it is flattening management layers and simplifying operations while redirecting resources toward autonomous vehicles and future mobility technology.
PayPal, Apple Also Cut Jobs
PayPal confirmed that about 220 employees in India, or around 4% of its local workforce, were affected by an Aug. 31 restructuring across technology, engineering, operations, payments and finance.
The company said the changes are part of a multiyear transformation aimed at simplifying operations and supporting long-term growth.
Apple has eliminated more than 200 positions across its Siri, Vision Pro and software teams as it reshapes its AI strategy and creates new roles. Around 100 cuts were reported in the Vision Pro organization, including its gaming team.
What Is Driving the Layoffs?
The latest cuts show that the technology sector is not facing a single, uniform layoff trend.
Companies are simultaneously investing heavily in AI, automating work, reducing management layers, responding to weaker demand and redirecting employees toward newer products and technologies.
According to reports, 129,488 technology employees across 296 companies had been laid off in 2026 by early September.
The result is a paradox: Companies are spending billions to build the next generation of AI infrastructure and products while cutting jobs to fund those investments, reduce costs and make their organizations leaner.
