New Delhi: A regular weekday morning turned into a moment of shock for thousands of employees at Oracle Corporation, as reports of large-scale layoffs surfaced.
According to multiple reports, employees across teams began receiving termination emails as early as 6 AM.
What started as a normal workday quickly turned into confusion and uncertainty, with many workers trying to understand the sudden decision while the news spread rapidly online.
Reports suggest that the company may have laid off between 20,000 and 30,000 employees globally. This would account for nearly 18 per cent of its total workforce of around 162,000 people.
However, Oracle has not officially confirmed the exact number of layoffs or provided detailed information about severance packages and support for affected employees.
The reported job cuts are said to have impacted several departments, including engineering, cloud operations, sales, and cybersecurity.
In India alone, as many as 2,500 employees are believed to have lost their jobs, although there is no official confirmation on this figure either.
One employee described the experience as completely unexpected, especially after having joined the company just a year ago. They added that they were given a severance package of around Rs 6 lakh along with one year of insurance coverage.
