US EditionOracle Cuts Thousands of Jobs, Prompting Questions About Austin’s Tech Economy - Technology Shout
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Oracle cuts thousands of jobs, prompting questions about Austin’s tech economy - Technology Shout
AUSTIN (KXAN) — Austin-based tech giant Oracle is laying off thousands of employees, a move first reported by CNBC that raises questions about the future of the city's tech-driven economy. Although the company did not disclose how many employees in Austin may be affected, Austin economists and experts said that despite the significant changes the
The morning of March began with a shock for thousands of employees of the American Oracle giant: each of them received an e-mail informing them that they lost their job right on that day.
US giant Oracle has launched a wave of global layoffs, announcing thousands of employees will lose their jobs in an early morning email. The decision has sparked a backlash from employees, who accuse the company of a lack of transparency and empathy.
It is no other news style "Aprils Fools", the equivalent of many countries to the day of the innocent in the US, as the information is hard and dramatic. The technological multinational Oracle started the biggest staff cut in its history, with up to 30,000 layoffs worldwide, after a decision [...] The post It is not a joke by Aprils Fools.... Oracle sends out 30 thousand employees worldwide by mail! first appeared on TransMedia.
In one of the most brutal HR operations in the history of the tech industry, thousands of employees woke up this morning to discover their careers...
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