Oracle Corp. is eliminating about 150 positions in its cloud infrastructure division, most of them in the Seattle area, as the company redirects resources toward building out artificial-intelligence data centers and related services. The move follows a year of aggressive capital spending on AI infrastructure that pushed Oracle’s most recent fiscal year into negative free cash flow. Management intends to continue hiring for roles tied to high-growth AI projects while trimming other functions to contain costs. Oracle’s action mirrors a wider industry pattern, with competitors such as Amazon Web Services and Microsoft combining multibillion-dollar AI investments with targeted workforce reductions. Oracle shares, which had been trading near record highs, slipped below a key technical level after news of the layoffs, reflecting investor scrutiny of the company’s spending balance.