Layoffs Canada

Oracle Layoffs 2026 — 30,000 Jobs Cut in Canada

30,000
employees affected
Media Report

Oracle cut 30,000 workers globally in a significant workforce reduction. The article references implications for Canadian employees with stock options.

Announced Date
May 29, 2026
Province
Canada-wide
Industry
Technology
Laid Off
30,000(Confirmed actual layoffs)
Organization Type
public
Source
News Media
Organization
Oracle

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Sources (1 article)

Oracle cut 30,000 workers and gave its new CFO US$26M — what Canadian employees with options need to know

Yahoo! Finance Canada·May 29, 2026