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‘Layoffs Are Brutal’: Bengaluru CEO on Friend Laid Off After Buying New House
Oracle has initiated a new round of layoffs in India, mainly affecting product engineering teams and some senior employees, with estimates of 1,000 to 3,000 employees impacted, though exact numbers remain unconfirmed.
The layoffs began shortly after similar job cuts in the US starting September 14, as part of a broader global restructuring that has already reduced Oracle's workforce by roughly 21,000 employees during fiscal 2026.
Oracle is increasing investments in artificial intelligence, cloud infrastructure, and data-center capacity while reducing costs in other areas, indicating a strategic shift in workforce priorities.
Employees in affected units were reportedly caught by surprise, with little prior indication from management, causing uncertainty among staff due to the phased rollout and possible further cuts.