Oracle layoffs reported
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Oracle's massive layoff signals AI-led threat for software firms; 12-15,000 lose jobs in India
Oracle layoffs: Employees across sales, HR, engineering, developer roles received an email from leadership at 6am (in all time zones) on Wednesday.
Oracle's layoffs affect more than 230 software developers and an additional 48 software development employees in Washington and include workers in senior director and vice president roles.
Oracle has laid off 30,000 employees worldwide, including 12,000 in India, as it pivots to AI and cloud infrastructure. Severance details and leadership impact covered.
Oracle's restructuring is said to be tied to rising costs for building AI data centers and expanding cloud infrastructure.
Sharat Chander was working as a senior director and global head of developer community engagement at Oracle when he was impacted by the mass layoff.
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