Restructuring events
European Restructuring Monitor (ERM)
The restructuring events database contains factsheets with data on large-scale restructuring events reported in the principal national media and company websites in each EU Member State. This database was created in 2002.
Oracle, a U.S.-based multinational IT group, announced the dismissal of roughly 526 employees across its Romanian entities on 25 June 2026. The layoffs involve Oracle Romania, Oracle Global Services Romania, Oracle Sovereign Cloud Romania and Oracle Sovereign Cloud Tech Romania.
The restructuring follows an internal review of team structures aimed at reducing redundancies. Those affected by the process would receive advance notice, two months of 'garden leave', and severance packages which, according to the sources cited, may vary depending on length of service and could amount to as many as 12 months’ salary.
In December 2025, the company announced the dismissal of 404 employees Oracle 2025 - Romania
Eurofound (2026), Oracle, Internal restructuring in Romania, factsheet number 300673, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/300673.