Internet, Sept. 1: Oracle could cut thousands of jobs in India as the technology company pushes teams to reduce costs, according to people familiar with the developments.
The potential layoffs could affect multiple functions across the company. However, Oracle has not officially announced the latest workforce reduction.
Internal estimates cited by employees suggest that Oracle could cut between 7,000 and 10,000 jobs globally. The exact number of affected employees remains unclear.
The impact on Oracle’s India workforce could not be independently confirmed. Some reports and internal discussions have pointed to around 3,000 India roles, but that figure remains unverified.
Employees have discussed possible action around the beginning or middle of September. September 1 had emerged earlier as a possible date. More recent discussions have pointed to September 15.
The uncertainty has increased concerns among employees. Senior staff and workers in higher salary brackets could face particular uncertainty in the latest exercise.
Oracle has already reduced its workforce significantly. The company disclosed 21,000 job cuts during the 12 months ended May 31.
That reduction represented about 13 percent of Oracle’s global workforce. The company had roughly 141,000 employees after those cuts.
External reports and employee trackers have put the broader restructuring impact at nearly 30,000 roles worldwide. However, those figures differ from Oracle’s official disclosure.
Oracle cuts could follow wider budget reductions
The latest exercise appears different from a restructuring focused on one business unit. Instead, managers and teams have reportedly received broader cost reduction targets.
As a result, workforce reductions could occur across several functions. Managers may also have limited visibility into the final list of affected employees.
The timing remains uncertain as well. Employees reportedly expect more clarity before Oracle releases its next quarterly results on September 11.
Oracle continues to invest heavily in cloud infrastructure and artificial intelligence. At the same time, the company is seeking to control costs and align staffing with changing business priorities.
India has become an important part of Oracle’s global operations. The country hosts large engineering, cloud, support and technology teams.
Therefore, broad workforce reductions could have a substantial impact on Oracle’s India operations.
Oracle has not publicly confirmed the reported layoffs. The company also did not immediately respond to a request for comment cited in the source material.
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