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Oracle may announce another round of layoffs after cutting 21000 jobs: Report

🤖 Oracle May Announce Another Round of Layoffs

Published by OOPSONLINE.IN · Source: India TV News · 1 min read · · Updated

What actually happened

Oracle is reportedly preparing another round of layoffs as the technology giant looks to control employee costs while continuing to spend heavily on artificial intelligence and cloud infrastructure. The latest job cuts could come before September, according to a report.

Key points

  • Oracle is reportedly preparing another round of layoffs as the technology giant looks to control employee costs while continuing to spend heavily on artificial intelligence and cloud infrastructure.
  • The latest job cuts could come before September, according to a report.

Summary based on data provided by India TV News. Full article available at the original publisher.

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  • #oracle
  • #announce
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