"Oracle is slashing even more jobs despite positive earnings results, with staff across key locations earmarked for redundancy. Last month, Oracle reportedly cut hundreds of jobs in its cloud unit amid wider headcount reductions across the US, Canada, and India. Those cuts appear to be continuing into September, though Oracle has yet to confirm the redundancies. The fresh round of layoffs appears to be in the hundreds of jobs,"
"Further cuts have been reported at the cloud computing giant's health division in Missouri, although a Reddit thread including employees who have been let go suggests the job cuts are impacting staff well beyond those two states. Roles impacted are believed to include cloud operations managers, analysts, user experience staff, and also software engineers. Separate discussions on a layoffs website suggest there have been cuts in India and that the total figure is well beyond 400 now,"
Oracle is implementing additional job cuts across multiple countries and US states, with recent mandated WARN notices confirming reductions in Washington and California. Reported cuts include hundreds of roles across cloud operations, user experience, analytics, and software engineering, and further reductions are reported in the health division in Missouri. Discussions on employee forums and layoffs websites indicate impacts in India and suggest the total number of job losses may exceed 400. The layoffs span multiple business areas rather than a single department. Oracle has reported strong financial performance, revenue growth forecasts, and major cloud partnerships during the same period.
Read at IT Pro
Unable to calculate read time
Collection
[
|
...
]