Oracle increased the estimated cost of its 2026 Restructuring Plan by approximately $700 million to roughly $2.8 billion, citing additional actions expected as it continues an expensive AI data-center buildout. The plan includes severance, contract termination fees and other exit costs, with part of the workforce reduction tied to the adoption and deployment of AI. Oracle had recorded about $2.1 billion in restructuring charges through August 31. The disclosure followed the end of its fiscal first quarter. Capital expenditures reached $28.5 billion, up from $8.5 billion a year earlier, while free cash flow was negative $5.4 billion. Oracle raised $19.9 billion by selling approximately 141 million common shares through an at-the-market offering (share sales at prevailing market prices) and has said it plans to raise about $40 billion through debt and equity during the current fiscal year. Revenue rose to $19.3 billion from $14.9 billion, with cloud revenue representing 60% of the total compared with 48% a year earlier. Business Insider previously reported that Oracle was preparing another round of job cuts before September 1, with some teams facing double-digit reductions. By the end of May, the global workforce had declined by about 21,000 from the prior year to roughly 141,000 employees, a decrease of about 13%. Executive Chair Larry Ellison also adopted a June 22 trading plan allowing him to sell up to 50 million Oracle shares through October 24, according to Bloomberg.