Oracle Prepares Fresh Layoffs Before September 1, Asks Managers to Identify Who Goes Oracle, a leading tech giant, is preparing for another round of layoffs before the end of August.
The company is targeting employees whose roles are deemed redundant due to the adoption of artificial intelligence. This move has sparked concerns about the true priorities of the industry's largest players.
The numbers are stark: since last year, Oracle has axed over 21,000 full time jobs, representing a significant 13% of its workforce. The cuts will not be limited to the US; staff in India will also be affected.