Tech giant Oracle has laid off thousands of its workforce in massive job cuts that could reportedly impact 30,000 employees globally amid the company’s push to fund more artificial intelligence infrastructure
Employees in the U.S., India, Canada, Mexico, and other countries began receiving job termination emails from “Oracle Leadership” at about 6 am local time Tuesday, sparking what could be the largest layoff in the company’s history, Business Insider first reported.
About 12,000 of the company’s employees in India have been laid off, according to local news reports.
Oracle’s termination emails to its laid-off staff cited “broader organisational change” in what is widely seen as a reference to the tech giant’s recent push to build more AI data centres.
“After careful consideration of Oracle’s current business needs, we have made the decision to eliminate your role as part of a broader organisational change. As a result, today is your last working day,” the email reportedly said.
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