Oracle begins job cuts globally, likely impacting 12,000 employees in India: Reports

NEW DELHI: The US-based cloud software provider Oracle has cut around 30,000 jobs globally, including 12,000 in India, according to reports by Business Insider, CNBC, and news agency PTI.

“After careful consideration of Oracle’s current business needs, we have made the decision to eliminate your role as part of a broader organizational change,” said Oracle in an email notification to impacted employees, as reported by Business Insider. “As a result, today is your last working day.”