US tech giant Oracle has laid off around 12,000 employees in India, delivering shocking early morning emails to staff. The cuts affect roles across levels, from mid-level professionals to senior executives, and are part of a global restructuring plan as Oracle shifts focus to cloud computing and AI services.
Reports indicate more layoffs may follow as the company realigns teams and priorities. Employees are now exploring opportunities in India’s IT sector, while analysts note the move reflects broader challenges in adapting to market changes and competition from firms like Microsoft and Amazon Web Services.