Oracle CFO says she 'really, really' dislikes 'doing more with less' a day after layoffs
mkheck · x · 2026-09-16
One day after Oracle's latest round of layoffs, new CFO Hilary Maxson told an all-hands she 'really, really' doesn't like the phrase 'doing more with less,' while co-CEO Mike Sicilia urged remaining staff to ask how their work delivers better customer outcomes. Neither mentioned the layoffs.
- Oracle has cut roughly 13% of its workforce over the past year, with terminated employees getting 6am emails.
- Maxson joined in April with a $950,000 base salary, a $2.5M bonus target, and a $26M equity package.
- The post frames the episode as part of Oracle squeezing headcount to fund its AI infrastructure spending.
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