Oracle May Cut Up To 10,000 Jobs Globally; Thousands Of Indian Employees Could Be Affected
- Oracle is reportedly planning another round of layoffs in September, potentially affecting thousands of employees worldwide, including many in India, as part of cost-cutting measures across multiple teams.
- The company previously cut about 21,000 jobs over the last year, reducing its global workforce by 13% to around 141,000 employees, with some estimates suggesting up to 30,000 job losses worldwide.
- Layoffs may begin around September 1 or September 15, but Oracle has not confirmed the dates or the exact number of employees affected, causing anxiety among staff, especially senior and higher-paid employees.
- Despite job cuts, Oracle continues to invest heavily in cloud infrastructure and artificial intelligence, emphasizing the challenge of managing expenses while expanding in these areas.
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17 Articles
Oracle may announce fresh layoffs in September: Thousands of Indian employees could be affected
Oracle could announce another round of layoffs in September, as the technology company looks to reduce costs and align its workforce with changing business priorities. The potential job cuts are expected to affect multiple functions, with internal estimates suggesting that 7,000 to 10,000 employees.
Oracle May Cut Up To 10,000 Jobs Globally; Thousands Of Indian Employees Could Be Affected
Oracle could be preparing for another large round of job cuts, with 7,000 to 10,000 positions reportedly at risk worldwide. Employees in India could also be affected, although there is no clarity yet on how many jobs could be impacted. The
There's bad news for Oracle employees. The company is once again laying off employees, which will impact employees worldwide, including those in India. According to reports, the company could lay off approximately 10,000 people.
Oracle may lay off 10,000 employees globally and thousands of Indians may be on the list
Oracle is weighing another round of layoffs that could affect up to 10,000 jobs worldwide, including roles in India. The move would deepen the company's cost cuts as it spends heavily on cloud and AI infrastructure.
Oracle may undertake another round of layoffs that could impact thousands of Indian employees
Oracle could undertake another round of layoffs that may impact thousands of employees in India, according to people familiar with the developments, as the technology major looks to reduce costs across teams.
Oracle Likely To Lay Off 10,000 Employees Globally, 3,000 In India: Reports
The AI-related layoffs don’t appear to be slowing down anytime soon. Oracle is reportedly gearing up for yet another round of job cuts,... The post Oracle Likely To Lay Off 10,000 Employees Globally, 3,000 In India: Reports appeared first on OfficeChai.
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