Economy
Oracle Prepares New Round of Layoffs Impacting Indian Workforce

Oracle Prepares New Round of Layoffs Impacting Indian Workforce

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THE BRIEF
1

Oracle is reportedly planning another round of global layoffs, with thousands of employees in India expected to be impacted by the restructuring.

2

Affected staff are likely to receive notification emails starting September 1, following a trend of workforce reductions across the global tech sector.

3

This move follows similar cost-cutting measures by other major tech firms, as companies adjust to shifting market demands and focus on AI-driven operations.