Oracle has initiated widespread job cuts across its global offices. Employees in the US, India, and other regions received termination emails without prior notice. These layoffs are reportedly to fund Oracle's significant investment in AI data centers. Affected teams include RHS, SVOS, and NetSuite's India Development Centre. Severance packages are offered upon signing termination documents.
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Syndicated article · via economictimes.indiatimes.com
Oracle Layoffs: Thousands being fired via email without warning—here's what lead to the global restructuring
Oracle has initiated widespread job cuts across its global offices. Employees in the US, India, and other regions received termination emails without prior notice. These layoffs are reportedly to fund Oracle's…
