Latest news with #DataCentreDynamics
India.com
2 days ago
- Business
- India.com
Another major layoffs in tech giant, to sack Indian employees from…, not Ratan Tata's TCS nor Narayana Murthy's Infosys or Azim Premji's Wipro, it is…
Narayana Murthy, Late Ratan Tata, Azim Premji (Left to right) American tech major Oracle has carried out big layoffs across multiple countries and India is the worst affected. Around 10% of the company's Indian employees have reportedly lost their jobs. Oracle called the move as part of a 'restructuring exercise,' and industry experts link it to changes in the US policies by President Donald Trump's who is trying to limit offshoring and reduce H-1B visas. Oracle Layoffs As per Data Centre Dynamics , Oracle's Indian operations also faced the cuts, along with layoffs in the US, Canada, and Mexico. In the US, teams working on Oracle Cloud Infrastructure (OCI) were informed about job losses and similar notices were issued to staff in other regions. Oracle's Presence In India India is a big hub for Oracle's software development, cloud services, and technical support, employing about 28,824 people as of 2024. Oracle has major offices in Bengaluru, Hyderabad, Chennai, Mumbai, Pune, Noida, and Kolkata. Recently, the company has been expanding into Tier-II and Tier-III cities like Chandigarh, Lucknow, Jaipur, Bhopal, and Thiruvananthapuram as per its geo-expansion strategy. Timing Of Oracle Layoffs The layoffs come just days after Oracle CEO Larry Wilson met US President Donald Trump at the White House on 7 August. The discussion reportedly focused on domestic hiring, national data security, and strategic tech partnerships. After this meeting Oracle started a large recruitment drive at its Virginia office in the US which raised concerns about job displacement from markets like India. In Mexico, too, employees have received layoff notices, and staff in other countries have been scheduled for undisclosed meetings, signalling more global cuts ahead. India's IT sector is mainly dependent on global tech firms for jobs so this move is worrisome for the future. Oracle has long been a bigger employer of Indian tech talent, and the sudden cuts can disrupt careers.
India.com
3 days ago
- Business
- India.com
Bad news for employees of this company as it plans massive sacking due to…, Indian workers among worst hit, not Narayana Murthy's Infosys, TCS, Google, Microsoft, name is…
Representational image American tech major Oracle Corporation has laid off around 10% of its employees in India and left thousands of professionals jobless overnight. While the company described the move as part of a 'restructuring exercise,' media reports link it to shifting U.S. policies under President Donald Trump like curbs on offshoring and reduced dependence on H-1B visas. Oracle Layoffs In India According to Data Centre Dynamics , Oracle's India operations have been hit the hardest as layoffs continue in other geographies. Teams working on Oracle Cloud Infrastructure (OCI) in the U.S. are still receiving layoff notices, while employees in Canada and Mexico have also been impacted. As of 2024, Oracle employed around 28,824 people in India. The country has been a critical hub for software development, cloud services, and technical support. It also has a presence in major metros like Bengaluru, Hyderabad, Chennai, Mumbai, Pune, Noida, and Kolkata and also in Tier-II and Tier-III cities like Chandigarh, Lucknow, Jaipur, Bhopal, and Thiruvananthapuram. Oracle Global Layoffs In the U.S., Oracle is eliminating more than 150 positions in Seattle, majorly within its cloud infrastructure division. According to media reports, the company is still hiring for select roles focusing on specific teams. The cuts are linked to performance reviews and many believe they are also influenced by geopolitical factors and pressure to localise operations in key markets. The announcement has just been made days after Oracle CEO Larry Wilson met U.S. President Donald Trump at the White House on August 7. Oracle had also revealed a major deal with OpenAI to host massive volumes of its data on Oracle's cloud, along with a hiring push at its Virginia office in the U.S. In Mexico, too, employees have received layoff notices, and staff in other countries have been called for undisclosed meetings, indicating more global job cuts could follow.
