Market Chatter: Oracle Starts New Batch of Workforce Cut

09:43 AM EDT, 09/14/2026 (MT Newswires) -- Oracle (ORCL) began another round of layoffs after its workforce cuts earlier this year, Business Insider reported Monday, citing an internal document and three unnamed sources familiar with the matter. An internal document showed that the planned layoffs will affect double-digit percentages for certain teams, according to the news outlet. One of the sources told Business Insider that this round of cuts is expected to start Monday. Oracle did not immediately respond to MT Newswires' request for a comment. (Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.) Price: 141.78, Change: -8.37, Percent Change: -5.57