The Economic Times

Oracle layoffs: US employees lose system access before a '6 a.m. email' reveals their jobs were eliminated; India could be next

On September 14, Oracle commenced yet another wave of considerable layoffs, revealing a stringent approach to workforce management. Notification of job terminations was delayed as affected employees faced abrupt access restrictions. The layoffs spanned various divisions within Oracle's global framework. Concurrently, the company is boosting its investments in AI and infrastructure, following previous workforce reductions earlier in the year.