Oracle’s Global Storm: Thousands Laid Off as Tech Giant Realigns
Oracle’s Global Storm: Thousands Laid Off as Tech Giant Realigns
The tech world is reeling from news that Oracle has reportedly enacted massive job cuts, shedding over 3,000 employees globally. The widespread layoffs have hit major tech hubs across the U.S., Canada, India, the Philippines, and Europe, sending ripples of concern throughout the industry.
While official WARN filings confirm 143 job losses in Redwood City, California, and 161 in Seattle, Washington, internal sources suggest the true scale of the impact in the U.S. could be significantly higher.
However, it’s India that appears to be bearing the brunt of Oracle’s restructuring. Reports indicate that almost 10% of its Indian workforce has been cut, affecting thousands of employees in key tech cities like Bengaluru, Hyderabad, Chennai, Mumbai, Pune, Noida, and Kolkata. The affected roles are primarily concentrated in critical areas such as software development, cloud services, and customer support.
The global tech landscape continues to shift, and these extensive layoffs at a giant like Oracle underscore a challenging period for many in the industry.
