--- title: Oracle may slash up to 30,000 jobs to fund AI... description: Investment bank TD Cowen warns that Oracle is considering cutting 20,000–30,000 jobs and selling its Cerner healthcare unit to free up $8–10 billion in cash... canonical: https://daily.dev/posts/oracle-may-slash-up-to-30-000-jobs-to-fund-ai-data-center-expansion-as-us-banks-retreat-czfak09ky twitter:card: summary_large_image twitter:site: @dailydotdev og:type: website og:site_name: daily.dev og:title: Oracle may slash up to 30,000 jobs to fund AI data-center expansion as US banks retreat | daily.dev og:description: Investment bank TD Cowen warns that Oracle is considering cutting 20,000–30,000 jobs and selling its Cerner healthcare unit to free up $8–10 billion in cash... og:url: https://daily.dev/posts/oracle-may-slash-up-to-30-000-jobs-to-fund-ai-data-center-expansion-as-us-banks-retreat-czfak09ky og:image: https://api.daily.dev/og/posts/cZfAk09Ky.png og:image:alt: Oracle may slash up to 30,000 jobs to fund AI data-center expansion as US banks retreat og:image:width: 1200 og:image:height: 630 og:locale: en --- > ## Documentation Index > Fetch the complete documentation index at: https://daily.dev/llms.txt > Use this file to discover all available pages before exploring further. # Oracle may slash up to 30,000 jobs to fund AI data-center expansion as US banks retreat **[Hacker News](https://daily.dev/sources/hn)** · 5 min read · 0 upvotes · 0 comments ## Summary Investment bank TD Cowen warns that Oracle is considering cutting 20,000–30,000 jobs and selling its Cerner healthcare unit to free up $8–10 billion in cash flow, as US banks pull back from financing the company's AI data-center expansion. Oracle faces $156 billion in required capital expenditure but has already raised ~$58 billion in debt. Borrowing costs have roughly doubled since September, stalling data-center lease deals. Oracle is responding by requiring 40% upfront deposits from customers and exploring 'bring your own chip' arrangements. OpenAI has shifted near-term capacity needs to Microsoft and Amazon. Industry analysts are divided on severity, but agree enterprises should adopt multi-cloud strategies to reduce dependency on Oracle. ## Full article daily.dev links to this article rather than hosting it. Read it at the original source: ## Similar posts on daily.dev - [Oracle may slash jobs to keep AI datacenter plans on track](https://daily.dev/posts/oracle-may-slash-jobs-to-keep-ai-datacenter-plans-on-track-amxo8pwey) · The Register · 0 upvotes · 0 comments - [Oracle cuts 21,000 jobs, SEC filing blames AI](https://daily.dev/posts/oracle-cuts-21-000-jobs-sec-filing-blames-ai-nldemb6jx) · The Next Web · 0 upvotes · 0 comments - [Oracle’s 21,000 layoffs help drive its debt-fueled AI investments](https://daily.dev/posts/oracle-s-21-000-layoffs-help-drive-its-debt-fueled-ai-investments-6qfkpsy5e) · Ars Technica · 0 upvotes · 0 comments - [Oracle is slashing its workforce as it automates with AI](https://daily.dev/posts/oracle-is-slashing-its-workforce-as-it-automates-with-ai-copgrjmz3) · TechCentral · 9 upvotes · 8 comments --- Tags: [#cloud](https://daily.dev/tags/cloud), [#oracle](https://daily.dev/tags/oracle), [#ai-infrastructure](https://daily.dev/tags/ai-infrastructure) [View this post on daily.dev](https://daily.dev/posts/oracle-may-slash-up-to-30-000-jobs-to-fund-ai-data-center-expansion-as-us-banks-retreat-czfak09ky) ```json {"@context":"https://schema.org","@graph":[{"@type":"Organization","@id":"https://daily.dev/#organization","name":"daily.dev","url":"https://daily.dev","logo":{"@type":"ImageObject","url":"https://daily.dev/apple-touch-icon.png","width":180,"height":180},"sameAs":["https://twitter.com/dailydotdev","https://github.com/dailydotdev","https://www.linkedin.com/company/daily-dev-ltd"]},{"@type":"WebSite","@id":"https://daily.dev/#website","url":"https://daily.dev","name":"daily.dev","publisher":{"@id":"https://daily.dev/#organization"},"potentialAction":{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https://daily.dev/search?q={search_term_string}"},"query-input":"required name=search_term_string"}}]} {"@context":"https://schema.org","@type":"TechArticle","headline":"Oracle may slash up to 30,000 jobs to fund AI data-center expansion as US banks retreat","url":"https://daily.dev/posts/oracle-may-slash-up-to-30-000-jobs-to-fund-ai-data-center-expansion-as-us-banks-retreat-czfak09ky","mainEntityOfPage":{"@type":"WebPage","@id":"https://daily.dev/posts/oracle-may-slash-up-to-30-000-jobs-to-fund-ai-data-center-expansion-as-us-banks-retreat-czfak09ky"},"datePublished":"2026-03-08T17:11:18.286Z","dateModified":"2026-03-12T16:03:42.108Z","description":"Investment bank TD Cowen warns that Oracle is considering cutting 20,000–30,000 jobs and selling its Cerner healthcare unit to free up $8–10 billion in cash...","image":"https://media.daily.dev/image/upload/f_auto,q_auto/v1/posts/1e41a518611048d92931eefbab451491?_a=AQAEuop","thumbnailUrl":"https://media.daily.dev/image/upload/f_auto,q_auto/v1/posts/1e41a518611048d92931eefbab451491?_a=AQAEuop","isAccessibleForFree":true,"articleSection":"Hacker News","inLanguage":"en","publisher":{"@type":"Organization","name":"daily.dev","url":"https://daily.dev","logo":{"@type":"ImageObject","url":"https://daily.dev/apple-touch-icon.png","width":180,"height":180}},"author":{"@type":"Organization","name":"Hacker News","logo":"https://media.daily.dev/image/upload/t_logo,f_auto/v1/logos/hn","url":"https://daily.dev/sources/hn"},"commentCount":0,"discussionUrl":"https://daily.dev/posts/oracle-may-slash-up-to-30-000-jobs-to-fund-ai-data-center-expansion-as-us-banks-retreat-czfak09ky","interactionStatistic":[{"@type":"InteractionCounter","interactionType":{"@type":"LikeAction"},"userInteractionCount":0},{"@type":"InteractionCounter","interactionType":{"@type":"CommentAction"},"userInteractionCount":0}],"keywords":"cloud,oracle,ai-infrastructure","timeRequired":"PT5M"} {"@context":"https://schema.org","@type":"BreadcrumbList","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https://daily.dev"},{"@type":"ListItem","position":2,"name":"Hacker News","item":"https://daily.dev/sources/hn"},{"@type":"ListItem","position":3,"name":"Oracle may slash up to 30,000 jobs to fund AI data-center expansion as US banks retreat"}]} ```