Oracle Layoffs: CFO says 'do more with less' isn't the answer in first all-hands meet after latest job cuts
New Delhi, Sept. 16 -- Oracle is trying to expand aggressively in artificial intelligence while simultaneously shrinking its workforce-a balancing act that came into focus after CFO Hilary Maxson pushed back on the idea of simply asking employees to take on more work.
Speaking at her first companywide meeting on Tuesday, Maxson told employees that Oracle should not operate on the principle of "doing more with less", according to a report by Business Insider.
The comments came shortly after Oracle began another round of layoffs. The company's workforce fell by around 21,000 employees, or 13%, during the fiscal year that ended 31 May 2026, according to a recent filing.
Rather than expecting employees to compensate for a smaller workforce...
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