New Delhi, Feb. 2 -- Tech major Oracle is reportedly planning to cut as many as 20,000 to 30,000 jobs globally, as the company looks to redirect resources towards building Artificial Intelligence data centres, a report by CIO said.

Though Oracle has not yet released a statement regarding the development, the report, citing a research paper by investment bank TD Cowen, said the layoff would give the company $8 billion to $10 billion in free cash flow.

The potential job cuts would be Oracle's biggest in recent years. The company had already cut around 10,000 jobs in late 2025 and has reduced staff at Cerner multiple times since acquiring the healthcare company.

The worst impact of the mass layoffs is likely to be felt by employees workin...