Oracle is laying off an additional 500 employees, according to NDTV. The latest reductions come after the company had already announced cutting around 30,000 jobs, with the majority of impacts reported to be in the United States and India. NDTV reports that the 500 roles are being eliminated across specific teams, though it does not provide additional details beyond identifying that further downsizing is underway. The coverage positions the new layoffs as an extension of Oracle’s broader restructuring effort, rather than an isolated incident. The reported job cuts are framed as part of the company’s ongoing efforts to reduce headcount following its earlier announcement of large-scale layoffs. The reports also emphasize that the affected workforce is concentrated in the US and India, consistent with the distribution described for the larger layoffs. As of the information provided, no further context on the company’s stated rationale, severance terms, or the full list of affected teams is included in the available text.
Oracle cuts 500 more jobs, expanding earlier downsizing affecting US and India
Oracle is laying off an additional 500 employees, according to NDTV. The latest reductions come after the company had already announced cutting around 30,000 jobs, with the majority of impacts reporte...
- Oracle lays off an additional 500 employees, according to NDTV.
- The new layoffs are part of Oracle’s broader downsizing effort following earlier cuts of about 30,000 jobs.
- Reportedly most of the job losses affect employees in the United States and India.
- NDTV says the 500 roles are tied to specific teams, though further team details are not provided in the provided text.
This comes in the backdrop of Oracle slashing around 30,000 jobs, mostly affecting employees in the US and India.
1 day agoThis comes in the backdrop of Oracle slashing around 30,000 jobs, mostly affecting employees in the US and India.
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