Business Insider
4 گھنٹے پہلے
Oracle cloud infrastructure layoffs cut 546 roles in the Americas unit
Internal documents obtained by Business Insider show Oracle cut 546 jobs in its Americas cloud infrastructure organization, about 7.6% of the 7,185 employees listed, with software developers accounting for roughly 17% of the roles eliminated. Oracle previously disclosed that its headcount fell by 21,000 employees, or 13%, in the 2026 fiscal year ended May 31, and said it had 141,000 employees before the latest round of layoffs. The cuts drew attention because Oracle reported quarterly revenue in its cloud infrastructure organization surged 121% year over year.