Based on news reporting.
Oracle Corporation has laid off over 10,000 employees in a significant workforce reduction, marking a notable shift in its operational strategy. This unprecedented move was communicated via a 6 AM email, which notably did not originate from the HR department, raising eyebrows about the company's internal communication practices. The layoffs reflect broader challenges faced by Oracle in the competitive tech landscape, as the company seeks to streamline operations and adapt to changing market demands. The exact reasons for the layoffs were not detailed, but they come amid ongoing restructuring efforts within the organization.
Oracle Corporation cut 10,000 jobs as of October 1, 2023.
That is roughly 6.3% of the 159,000 people Oracle Corporation employs.
LayoffTalk has tracked 51 layoff events at Oracle Corporation since October 2023, affecting a combined 145,394 employees.
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