Layoffs at Oracle and New H1B Restrictions (Blind TL;DR: August 14, 2026)
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Circulating rumors suspect Oracle will be facing layoffs later this month.
New H1B restrictions could eliminate the 60-day grace period for those in the country with work visas.
The pressure of layoffs is weighing heavier on tech professionals than they were before.
Rumored August Layoffs at Oracle
“It's not long till I die of a heart attack in here at Oracle.”
Oracle’s workforce is waiting for the impending layoffs after May’s brutal slash of 21,000 employees.
If you don’t remember, these layoffs were delivered via text.
The company remains on the list of those cutting down its workforce to make more room in the budget for AI infrastructure.
This time around, the rumors are speculating a 20% cut in the workforce, which would impact around 28,000 employees if true.
H1B Holders Have More Fear Than Before
The DHS proposed eliminating the 60-day grace period for H1B holders in the United States, meaning if someone holding this type of visa were to be laid off, they no longer have the two months to find a new position.
It’s a harsh reality for those who are in the country on visas and have been living here since their childhood.
“They would be required to depart the United States immediately and would likely be unable to change status or change employers unless USCIS authorizes the change through an exercise of favorable discretion.”
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Read last week’s TL;DR. (Layoffs are Breaking Teams: ServiceNow & Visa Layoffs)
