Oracle to lay off 359 Washington workers in November
SEATTLE - Software giant Oracle is set to lay off 359 workers across Washington state in November, according to a recent WARN notice.
What we know:
Oracle America, Inc. submitted a Worker Adjustment and Retraining Notification (WARN) to the Washington State Employment Security Department on Sept. 14. The layoffs impact 359 employees who work out of the company's two Seattle facilities or work remotely in Washington.
The affected Seattle offices are located at the Russell Investments Center at 1301 2nd Avenue, and at 2025 5th Avenue. Oracle says the two locations are not closing, and the positions are not being relocated or contracted out.
Employee separations are scheduled to begin Nov. 13. The layoffs are anticipated to be permanent.
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The worker adjustment and retraining notification (WARN) stated that the tech and retail giant will be laying off employees from their Seattle, Bellevue and Sumner locations.
Dig deeper:
The cuts follow a larger cost-restructuring effort by Oracle, an an estimated $2.1 billion is expected to be spent on severance and related expenses in 2026. The company has also been increasing capital spending to build out artificial intelligence data centers and integrate AI tools into its business software services.
Local perspective:
A WARN notice is an advance warning given to workers in Washington state if a private company is planning a closure or mass layoff, provided at least 60 days before the job losses happen. A full list of WARN notices can be found on the Washington State Employment Security Department's website.
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The Source: Information in this story came from a WARN Notice from the Washington State Employment Security Department and previous FOX 13 Seattle reporting.