Oracle Jhalak.. Layoffs for 30,000 people
Software company Oracle, which is investing heavily in AI and data centers, is once again laying off its employees. Several employees are posting on social media that they have received layoff emails. The company has 1,62,000 employees worldwide, including India, and is laying off about 18%, or 20,000 to 30,000 people, according to reports. Oracle has announced layoffs several times since 2023.
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