Oracle has begun a fresh round of layoffs, with employees in the U.S. reportedly losing access to company systems hours before receiving an email informing them that their positions had been eliminated. The latest cuts, which began on September 14, reportedly affected multiple departments, with some teams facing workforce reductions of more than 10%. Employees who were let go were told that their roles had been eliminated as part of a broader organisational change and that September 14 would be their final working day.
Oracle has not disclosed the number of employees affected. Reports suggesting that between 7,000 and 10,000 jobs could be eliminated have not been confirmed by the company.
