Oracle Files Thousands of H-1B Visa Petitions Amid Mass Layoffs - Austin Today

Oracle, the software company headquartered in Austin, Texas, has filed thousands of petitions for H-1B visas in the past two fiscal years, even as it lays off thousands of American workers as part of a broader organizational shift. Federal data shows Oracle filed for 2,690 H-1B visas in fiscal year 2025 and 436 so far in fiscal year 2026, totaling over 3,100 visa requests.

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It's always puzzled me that layoffs don't result in a temporary bar from using the H1B system like it does for filing PERMs with the DoL.
They should also trigger holds on bunch of other operations, like stock buyouts or sales by people with active or recent relationship to the company