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Oracle Reportedly Plans Fresh India Layoffs Amid AI Infrastructure Spending

Oracle Reportedly Plans Fresh India Layoffs Amid AI Infrastructure Spending
Oracle To Face Fresh Round Of Layoffs This Month; Thousands Of Indian Employees To Be Affected · freepressjournal.in

Oracle may reduce its workforce in India soon.

Reports say between 2,000 and 3,000 Indian employees could lose their jobs.

The possible timing is around September 1 or September 15.

Oracle has not officially confirmed that the layoffs will happen on either date.

The company reportedly wants to reduce payroll costs.

At the same time, it is spending billions of dollars on AI infrastructure.

A previous Oracle workforce reduction reportedly affected about 12,000 employees in India.

Microsoft has also reportedly put nearly 500 Indian employees on performance improvement plans.

Key facts

Potential India layoffs
Approximately 2,000 to 3,000 Oracle employees
Potential global layoffs
Approximately 7,000 to 8,000 employees
Oracle India workforce
Around 30,000 employees
Possible timing
Around September 1 or September 15
Official confirmation
Oracle has not confirmed a company-wide layoff exercise on either date
Earlier India cuts
About 12,000 Oracle employees were reportedly affected in an earlier round
Microsoft review exercise
Nearly 500 employees in India were reportedly placed on performance improvement plans

Sources

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