Oracle: 30,000 jobs cut
Oracle has announced a significant layoff of up to 30,000 jobs globally, with reports indicating that this includes around 12,000 positions in India. This move is part of a strategic pivot towards AI, marking what analysts consider the largest workforce reduction in the company's history. The layoffs affected workers in multiple countries including the US and Mexico.
Conservative
30,000
Core Estimate
30,000
Upper Bound
30,000
Sources
Oracle Cuts 30,000 Jobs Globally in Sudden AI Pivot…
Oracle Cuts 30,000 Jobs Globally in Sudden AI Pivot… Get all your news in one place. 100's of premium titles. One app. Get all your news in one place. 100's of premium titles. One news app. International Business Times UK Jim Manzon # Oracle Cuts 30,000 Jobs Globally in Sudden AI Pivot Including 12,000 Positions at Its Largest Hub in India Oracle has not officially commented on the global layoff figures or confirmed the scale of cuts (Credit: Oracle Official Website) Oracle fired up to
Oracle Layoffs Affect Over 20,000 Employees Globally Despite Record 22% Revenue Growth; Employees With 30 Years Service Hit | 📲 LatestLY
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