汉字News

← 汉字News
Chinese News for Learners
commerce
shāng yè
商业
·HSK 4

Oracle (tech company)
Jiǎgǔwén
甲骨文
to announce
xuānbù
宣布
to cut / lay off
cáijiǎn
裁减
approximately
yuē
30,000 (measure)
sān wàn míng
三万名
employees
yuángōng
员工
it is the
wèi
company
gōngsī
公司
ever / in history
yǒu shǐ yǐlái
有史以来
scale
guīmó
规模
largest
zuì dà
最大
(particle)
de
layoff action
cáiyuán xíngdòng
裁员行动

Oracle (tech company)
Jiǎgǔwén
甲骨文
company
gōngsī
公司
to announce
xuānbù
宣布
in
zài
globally / across the world
quánqiú fànwéi nèi
全球范围内
to lay off employees
cáiyuán
裁员
approximately
yuē
30,000 people
sān wàn rén
三万人
is the
wèi
company
gōngsī
公司
in history / ever
yǒu shǐ yǐlái
有史以来
scale
guīmó
规模
largest
zuì dà
最大
(particle)
de
layoff action
cáiyuán xíngdòng
裁员行动
this move / this action
cǐ jǔ
此举
is aimed at
zhǐ zài
旨在
to free up / release
shìfàng
释放
capital / funding
zījīn
资金
to use for
yòng yú
用于
to support
zhīchí
支持
the company
gōngsī
公司
large-scale
dà guīmó
大规模
construction / building
jiànshè
建设
artificial intelligence
réngōng zhìnéng
人工智能
data centers
shùjù zhōngxīn
数据中心

April 1, 2026 at 6:00 AM

Oracle (tech company)
Jiǎgǔwén
甲骨文
company
gōngsī
公司
at / in (time)
late March
sānyuè dǐ
三月底
to announce
xuānbù
宣布
will
jiāng
in
zài
globally
quánqiú
全球
to cut / lay off
cáijiǎn
裁减
approximately
yuē
30,000 people
sān wàn míng
三万名
employees
yuángōng
员工
approximately
yuē
to account for / constitute
zhàn
its
total number of employees
yuángōng zǒngshù
员工总数
(particle)
de
18 percent
bǎifēnzhī shíbā
百分之十八
to be affected
shòu yǐngxiǎng
受影响
(particle)
de
employees
yuángōng
员工
to receive
shōudào
收到
one (measure word for emails)
yī fēng
一封
from / by
yóu
Oracle
Jiǎgǔwén
甲骨文
leadership
lǐngdǎo céng
领导层
signed / to sign with a name
shǔmíng
署名
(particle)
de
email
yóujiàn
邮件
(passive marker)
bèi
immediately
lìjí
立即
to notify
tōngzhī
通知
to leave a job
lízhí
离职
before this / previously
cǐ qián
此前
absolutely no
háo wú
毫无
advance warning
yùjǐng
预警
India
Yìndù
印度
layoffs
cáiyuán
裁员
scale
guīmó
规模
most / by far the most
zuì wéi
最为
notable / prominent
tūchū
突出
according to reports
jù bàodào
据报道
approximately
yuē yǒu
约有
12,000 people
yī wàn èr qiān míng
一万二千名
employees
yuángōng
员工
at
zài
local time
dāngdì shíjiān
当地时间
early morning
qīngchén
清晨
6 AM
liù diǎn
六点
received
shōudào
收到
dismissal / termination
jiěgù
解雇
notification
tōngzhī
通知
email
yóujiàn
邮件
analysts
fēnxī shī
分析师
to point out
zhǐchū
指出
this round of
cǐ cì
此次
layoffs
cáiyuán
裁员
expected to
yùjì
预计
will
jiāng
for
wèi
Oracle
Jiǎgǔwén
甲骨文
to free up / release
shìfàng
释放
$8 billion
bāshí yì měiyuán
八十亿美元
to (range connector)
zhì
$10 billion
yī bǎi yì měiyuán
一百亿美元
(particle)
de
cash flow
xiànjīn liú
现金流
the company
gōngsī
公司
plans to
jìhuà
计划
will
jiāng
these funds
zhè bǐ zījīn
这笔资金
to use for
yòng yú
用于
large-scale
dà guīmó
大规模
construction / building
jiànshè
建设
artificial intelligence
réngōng zhìnéng
人工智能
data centers
shùjù zhōngxīn
数据中心
in order to
to meet / satisfy
mǎnzú
满足
increasingly growing
rìyì zēngzhǎng
日益增长
(particle)
de
cloud computing
yún jìsuàn
云计算
services
fúwù
服务
demand
xūqiú
需求
Oracle
Jiǎgǔwén
甲骨文
in
zài
this year
jīnnián
今年
March
sānyuè
三月
(particle)
de
one (measure word for documents)
yī fèn
一份
document / filing
wénjiàn
文件
in (within)
zhōng
disclosed / revealed
pīlù
披露
expected
yùjì
预计
this fiscal year
běn cáinián
本财年
restructuring costs
chóngzǔ fèiyòng
重组费用
at most / up to
zuìgāo
最高
reaching
$2.1 billion
èrshíyī yì měiyuán
二十一亿美元
the majority
dà bùfen
大部分
to be used for
yòng yú
用于
employee
yuángōng
员工
severance pay
qiǎnsàn fèi
遣散费
this
cǐ cì
此次
layoffs
cáiyuán
裁员
triggered / sparked
yǐnfā
引发
the market
shìchǎng
市场
regarding
duì
tech industry
kējì hángyè
科技行业
employment outlook
jiùyè qiánjǐng
就业前景
(particle)
de
widespread
guǎngfàn
广泛
discussion
tǎolùn
讨论
some
yǒu
analysts
fēnxī rénshì
分析人士
believe / think
rènwéi
认为
artificial intelligence
réngōng zhìnéng
人工智能
development
fāzhǎn
发展
is currently
zhèngzài
正在
accelerating
jiāsù
加速
replacing
tìdài
替代
traditional
chuántǒng
传统
technical jobs
jìshù gǎngwèi
技术岗位
Oracle
Jiǎgǔwén
甲骨文
stock price
gǔjià
股价
after
zài
news
xiāoxi
消息
announced / made public
gōngbù
公布
after
hòu
experienced / saw
chūxiàn
出现
fluctuation
bōdòng
波动
investors
tóuzī zhě
投资者
regarding
duì
the company
gōngsī
公司
artificial intelligence
réngōng zhìnéng
人工智能
strategy
zhànlüè
战略
(particle)
de
long-term
cháng qī
长期
outlook / prospects
qiánjǐng
前景
views / opinions
kànfǎ
看法
not uniform / mixed
bù yī
不一

New Words

Jiǎgǔwén
甲骨文
Oracle (tech company)
cáiyuán
裁员
layoffs / employee reduction
yuángōng
员工
employee
réngōng zhìnéng
人工智能
artificial intelligence
shùjù zhōngxīn
数据中心
data center
yún jìsuàn
云计算
cloud computing
xiànjīn liú
现金流
cash flow
chóngzǔ fèiyòng
重组费用
restructuring costs
qiǎnsàn fèi
遣散费
severance pay
gǔjià
股价
stock price

News in English

Business

Oracle Announces Layoff of Nearly 30,000 Employees, Largest in Company History

Oracle has announced the largest round of layoffs in company history, cutting approximately 30,000 employees globally as it frees up cash to fund a massive AI data center buildout.

Oracle Corporation announced in late March that it will globally lay off approximately 30,000 employees, accounting for roughly 18 percent of its total workforce. Affected employees received an email from Oracle's leadership notifying them of their immediate termination, with no advance warning.

The layoff scale is particularly notable in India, where approximately 12,000 employees received dismissal notifications via email early in the morning (local time 6 AM).

Analysts point out that this round of layoffs is expected to free up $8 billion to $10 billion in cash flow for Oracle. The company plans to use these funds for large-scale construction of artificial intelligence data centers to meet the increasingly growing demand for cloud computing services.

In a March filing, Oracle disclosed that restructuring costs for this fiscal year could reach as high as $2.1 billion, with the majority allocated for employee severance pay.

The layoffs have sparked widespread market discussion about employment prospects in the tech industry. Some analysts believe that artificial intelligence development is currently accelerating the replacement of traditional technical positions.

Oracle's stock price experienced fluctuations after the news was announced, with investors holding mixed views on the company's long-term AI strategy outlook.

More in Business

Momenta
Móméng tǎ
摩蒙塔
Hong Kong
Xiānggǎng
香港
listed
shàngshì
上市
fundraising
róngjī
融资
$752 million
7.52 yì měiyuán
7.52亿美元

Chinese Autonomous Driving Firm Momenta Debuts on Hong Kong Stock Exchange with 752 Million Fundraise

Samsung (South Korean electronics company)
Sānxīng
三星
SK Hynix (South Korean memory chipmaker)
SK Hǎilìshì
SK海力士
and / together with
Micron (US semiconductor company)
Měiguāng
美光
to race to / to vie in
jìngxiāng
竞相
to expand / to increase
kuòdà
扩大
AI / artificial intelligence
AI
AI
memory (computing)
nèicún
内存
chip / semiconductor chip
xīnpiàn
芯片
production capacity
chǎnnéng
产能

Samsung, SK Hynix and Micron Race to Expand AI Memory Chip Capacity

China
Zhōngguó
中国
artificial intelligence
réngōng zhìnéng
人工智能
company
gōngsī
公司
MiniMax (Chinese AI company)
MiniMax
MiniMax
to complete
wánchéng
完成
$2 billion
èrshí yì měiyuán
二十亿美元
fundraising / financing
róngzī
融资

Chinese AI Firm MiniMax Raises 2 Billion Dollars in Hong Kong Share Sale

PepsiCo
Bǎishì Gōngsī
百事公司
earnings / performance
yèjī
业绩
lower than / below
dīyú
低于
expectation / forecast
yùqī
预期
the United States
Měiguó
美国
stock market
gǔshì
股市
slightly / marginally
xiǎofú
小幅
to rise / to increase
shàngzhǎng
上涨

PepsiCo Earnings Disappoint as US Stocks Edge Higher