Tech
Oracle Announces Major Global Layoffs Amid AI and Cloud Shift
Oracle Corporation has reportedly initiated large-scale layoffs across its global workforce as part of a restructuring strategy focused on expanding artificial intelligence and cloud infrastructure capabilities.
According to industry estimates, the layoffs could impact up to 30,000 employees worldwide, marking one of the largest workforce reductions by the company in recent years. The move is aimed at streamlining operations and reallocating resources toward high-growth technology sectors.
India is said to be among the most affected regions, with reports indicating that approximately 11,000 to 12,000 employees have been laid off, while some estimates suggest the figure could be as high as 12,000 to 15,000.
Sources indicate that the restructuring primarily targets roles linked to legacy systems, as Oracle accelerates its transition toward cloud-based services and AI-driven enterprise solutions.
The development reflects a broader shift within the global tech industry, as companies prioritize innovation in AI and cloud computing while restructuring traditional business segments.
