Location: India.
Department affected: Cloud and AI.
Based on news reporting.
Oracle Corporation has laid off approximately 10% of its workforce in India, which translates to around 1,000 employees. This decision follows a meeting involving former President Trump and a deal with OpenAI, indicating a strategic shift within the company. The layoffs have sparked significant reactions on social media, highlighting concerns about job security in the tech sector. The company has not specified which departments are affected, but the move reflects broader trends in workforce reductions across the industry. This reduction is part of Oracle's ongoing adjustments to align with market demands and operational efficiencies.
Oracle Corporation cut 1,000 jobs affecting its Cloud and AI team as of October 1, 2023.
That is roughly 0.6% 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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