Friday, 14 August, 2026
Oracle Prepares Fresh Wave of Layoffs Ahead of September 1 Fiscal Quarter
By TechShots Studio
Oracle has asked managers to submit lists of employees for a new round of job cuts ahead of its second fiscal quarter starting September 1. Following last year's 21,000 workforce reduction, some teams face double-digit percentage cuts. Affected staff are expected to receive early morning termination emails from "Oracle Leadership," as the company redirects funds toward massive AI data center infrastructure investments.
Read full story at TIMES OF INDIA