Oracle layoffs: AI pivot triggers 10,000 job cuts in India - The Economic Times
Oracle has cut about 10,000 jobs in India, sources familiar with the matter told ET, as part of the global cloud computing major’s worldwide restructuring exercise that has reportedly hit 30,000 employees already and could lead to further retrenchments.“The company is essentially cutting roles on the tech side, since they are not seeing enough returns on their AI-led investments. In India, they have cut around 10,000 people off the payroll,” a source said about Oracle’s developments. The cuts ha...
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