Oracle has reportedly laid off approximately 10,000 employees in India, according to sources familiar with the matter. This reduction is part of a broader organizational restructuring that will impact a total of 30,000 workers globally. The layoffs have sparked concerns regarding the company's future trajectory and the implications for its workforce, particularly as many employees learned of their job losses through emails received unexpectedly early in the morning. Industry analysts indicate that these layoffs are aligned with Oracle's strategic shift towards developing AI technology and data centers.
Further reading: MarketWatch, The Indian Express, The Register and many others.
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