AUSTIN (KXAN) — Austin-based tech giant Oracle is laying off thousands of workers, a move first reported by CNBC that’s raising questions about the future of the city’s tech-driven economy. While the ...

Oracle has begun laying off employees across its global offices, with workers in US, India, and other regions reporting termination emails landing in their inboxes as early as 6AM EST on Tuesday. The ...

An unknown number of Oracle Corp. employees woke up on the morning of March 31 to find an email from their employer informing them that it would be their last day on the job. "We are sharing some ...

・The layoffs were executed rapidly across countries, with employees losing system access soon after early-morning notices. ・Even as it cuts costs, Oracle expects $90 billion in fiscal 2027 revenue, ...

Oracle fired up to 30,000 employees globally on 31 March, including an estimated 12,000 in India, in what analysts believe is the largest workforce reduction in the company's nearly 50-year history.

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