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Oracle recently announced layoff of around 20,000 employees across its global offices. Now, the US software giant has reportedly revoked dozens of job offers made to students at India’s premier engineering colleges, including the Indian Institute of Technology (IITs) and National Institute of Technology (NITs). The move comes in the wake of recent mass layoffs…
Oracle stunned employees on March 31, 2026 when the company announced layoff or around 20,000 employees via email. Oracle started laying off employees across its global offices, with workers in US, India, and other regions reporting termination emails landing in their inboxes as early as 6AM EST. he emails, sent from “Oracle Leadership,” informed employees…
Representative image (AI generated) It’s only May, and the tech industry has already handed pink slips to more than 92,000 people. Spread across 98 companies, the job cuts have been relentless—and April turned into the worst single month for announced tech-job reductions in at least two years, with 45,800 employees affected. Meta, Snap, Microsoft, Oracle,…
Oracle did not build the data centre in Abilene, Texas. It leased it from Crusoe—a relatively inexperienced operator—on a 15-year contract worth more than a billion dollars a year. This is not an exception to how Oracle operates; it is the whole model. Oracle is a database company that has recast itself as the financial…
Oracle has agreed to buy power from Bloom Energy. This move aims to bolster the burgeoning artificial intelligence (AI) operations of software companies. In a press release, Oracle said it will acquire up to 2.8 gigawatts of power from Bloom for its data centers that handle AI applications. An initial 1.2 gigawatts has already been…
Oracle has laid off approximately 700 workers across California and these workers are expected to lose their jobs by June 1, California state records show. These job cuts are a part of the larger layoffs that the software giant led by billionaire Larry Ellison announced earlier this month as the company pushes forward with what…
Oracle recently conducted its largest-ever round of layoffs. The company sent an email to the affected employees at 6AM in the US. In the mail the company informed the employees that their roles had been eliminated as part a “boarder organisational change”. It is estimated that Oracle fired around 30,000 employees globally. Now a story…
It’s been less than a week since Oracle announced thousands of layoffs across its offices worldwide. Oracle layoffs were notified to fired employees in an email at 6 a.m. on March 31. The email sent to thousands of employees informed them that Tuesday (March 31) would be their last day. “After careful consideration of Oracle’s…
Oracle announced to cut jobs across its global office last month, impacting thousands of employees. The layoffs, which were communicated through an early 6am email, have triggered reactions across the tech industry. Amid this, a former Microsoft senior executive has shared a LinkedIn post with a message for the laid off Oracle employees. Sara N,…
Oracle is laying off at least 10,000 employees—potentially up to 30,000—as it struggles to manage the cash demands of a $300 billion cloud computing deal with OpenAI. The cuts, Oracle’s largest-ever restructuring, span divisions including Oracle Health, Cloud, Sales, and NetSuite. With debt exceeding $100 billion and free cash flow deeply negative, the company is…
