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Sources: Oracle has cut ~10,000 jobs in India, or ~20% of its Indian workforce, as part of a restructuring that reportedly affects 30,000 employees globally

Oracle has cut around 10,000 jobs in India, sources told ET.  This is part of a global restructuring affecting 30,000 employees.

The Economic Times

Discussion

  • @ettech @ettech on x
    👉The layoffs have also affected Oracle Financial Software Services, where about 1,000 jobs, or roughly 10% of headcount, were cut. 👉Oracle Cloud Infrastructure and Cerner Healthcare have also been impacted in India and the US.
  • @ettech @ettech on x
    📌 Sources said Oracle's global job cuts may already have reached 30,000 and could go higher. 📌 Employees said the mood inside the company suggests this may not be the last round, while some retained staff are being asked to handle heavier workloads.
  • @ettech @ettech on x
    🚨🚨 Oracle has cut about 10,000 jobs in India as part of a wider global restructuring, sources familiar with the matter told us. The job cuts amount to roughly 20% of the tech giant's India workforce, which was said to be about 50,000 people.
  • r/CorpoChikaPH r on reddit
    Oracle PH Employees, how are you with the recent massive layoffs?
  • r/recruitinghell r on reddit
    Oracle slashes 30,000 jobs with a cold 6 a.m. email
  • r/technology r on reddit
    Oracle is cutting up to 30,000 employees to pay for AI data centres
  • r/humanresources r on reddit
    [N/A] How is this not a massive violation of the WARN Act??
  • r/anticapitalism r on reddit
    Oracle slashes 30,000 jobs with a cold 6 a.m. email.  Workers across the U.S., India, and other regions learned their jobs were gone before most people …
  • r/antiwork r on reddit
    Oracle slashes 30,000 jobs with a cold 6 a.m. email.  Workers across the U.S., India, and other regions learned their jobs were gone before most people …
  • r/CIO r on reddit
    Oracle slashes 30,000 jobs with a cold 6 a.m. email
  • r/france r on reddit
    Oracle is cutting up to 30,000 employees to pay for AI data centres
  • r/BetterOffline r on reddit
    Oracle lays off 30k people.  Oof.  I presume this is AI-spending related?
  • r/hackernews r on reddit
    Oracle slashes 30k jobs with a cold 6 a.m. email
  • r/mysql r on reddit
    Anybody knows how the Oracle layoffs have impacted the MySQL team?
  • r/theprimeagen r on reddit
    Oracle slashes 30,000 jobs with a cold 6 a.m. email