Oracle has announced the elimination of hundreds of jobs within its "America Cloud Infrastructure" division, according to an internal document obtained by Business Insider. The document lists 546 employees from this division who have been laid off and are eligible for a severance package. This represents about 7.6% of the division's 7,185 employees. These cuts are happening alongside one of Oracle's most expensive expansion efforts: the company plans to invest between $90 and $95 billion this year to expand its data center capacity. Oracle, a major American technology company based in Austin, Texas, and co-founded in Santa Clara, California, in 1977, ranks among the world's top 50 companies by market capitalization. It provides database software, enterprise applications, cloud infrastructure, and computer hardware. In August 2026, Oracle planned further job cuts to reduce labor costs, asking managers to submit lists of employees to be laid off. Some teams could see double-digit percentage reductions. These cuts reflect the financial strain from the race to develop artificial intelligence (AI) technology. Oracle's stock has fallen by about 26% this year, and the company again began cutting positions on September 14, with affected employees learning of the layoffs in a similar order to a previous round in March. The affected positions were eliminated as part of a broader reorganization, with the last day of work being the same day the layoffs were announced. In a discussion thread on an internal communication platform that attracted over 300 comments within hours, employees noted that the number of members on Slack dropped from about 3,000 to 4,000 during the morning. Many messages pointed out that the employees laid off were not those who had received poor performance evaluations. Oracle estimated that restructuring costs would rise by about $700 million, bringing the total cost to approximately $2.8 billion. These recent layoffs follow another major reduction in Oracle's workforce at the beginning of the year. The company had 141,000 employees before this latest wave and had already eliminated 21,000 positions during its 2026 fiscal year, which ended on May 31. Software development roles accounted for about 17% of the jobs identified in the document. The position with the highest number of layoffs was "Software Developer III," with 57 employees affected. Other roles such as project managers and senior infrastructure engineers were also heavily impacted. Layoffs also affected positions related to program management and essential infrastructure operations. The document also highlights reductions in Oracle's data center support services, which handles maintenance and technical support. This group accounted for 41 of the layoffs listed. According to Business Insider, some of those affected included a vice president and two senior directors. This reduction represented about 7.5% of the total layoffs recorded in the document. Oracle's severance packages vary based on the employee's tenure, with eligible employees receiving up to 26 weeks of base salary, paid approximately three weeks after signing the agreement and returning company property. Employees who rejoin Oracle within six months may have to repay some of this severance. Stock compensation is handled separately, with unexercised options and restricted stock units canceled upon termination, while acquired stock options can be exercised for a limited period after leaving the company. Oracle has not publicly disclosed the total number of employees affected by this latest wave of layoffs. Therefore, the 546 positions identified in the Business Insider document should not be considered the final count of cloud-related layoffs. In August 2026, Oracle was facing significant financial instability, having shifted from a profitable software model to aggressively invest in the cloud and AI sectors. The company also took on substantial financial risk by becoming a financier for OpenAI, an AI research laboratory, without the lab assuming the full financial burden. This strategy led to a decline in Oracle's credit rating, now approaching the speculative category. The company had to lay off 21,000 employees to remain afloat. If the AI industry faces a downturn, Oracle could be among the first to feel the impact.