Oracle Layoffs Reach India With Product Engineering Teams Most Affected
· Business · India Today, Moneycontrol
Oracle has begun a round of job cuts in India, with product engineering teams appearing to face the most significant impact. The layoffs, which originated in the US on September 14, have now extended to the company's Indian operations. While the exact number of affected employees in India remains unclear, reports indicate that support and consulting functions have seen a smaller share of the reductions. Some senior employees at Oracle Financial Services Software have also been impacted as part of the broader global restructuring. Internal estimates suggest that between 7,000 and 10,000 positions may be eliminated globally, with the company continuing the termination process.
Why it matters
The layoffs directly impact the Indian workforce in the technology sector, specifically targeting product engineering roles which are central to Oracle's operations in the country.
Read the original report — India Today
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