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Oracle Lays Off 20,000-30,000 Workers in Major Restructuring

Oracle Lays Off 20,000-30,000 Workers in Major Restructuring

Oracle has started a major round of layoffs across its global offices. The job cuts were announced via termination emails sent today, leaving many workers in shock. This move is part of one of Oracle’s largest restructuring efforts in recent memory and comes as the company invests heavily in artificial intelligence (AI) data centers.

Oracle sent Email notifications to workers

The termination emails from “Oracle Leadership” began arriving as early as 6:00 AM EST. They informed employees that their roles had been eliminated as part of a larger organizational change.

The message was clear; the day the email was received would also be the employee’s last working day. Workers reported that this notification process was abrupt and impersonal, with no earlier warning or discussion from HR or managers.

Immediate revocation of access for some employees

The email from Oracle also said that after signing termination paperwork through DocuSign, employees would be eligible for a severance package as per the company’s terms and conditions.

They asked to update their personal email addresses for follow-up communication after their company accounts were disabled. Some workers had their access to production systems revoked almost immediately after receiving the email.

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I'm Ved Prakash, Founder & Editor @Newsblare Media, specialised in Business and Finance niches who writes content for reputed publication such as Investing.com, Stockhouse.com, Motley Fool Singapore, etc. I'm the contributor of different... news sites that have widened my views on the current happenings in the world.

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