Oracle layoffs: Company's '6 am layoff emails' may return in next few days
Oracle plans another round of layoffs this month, targeting double-digit cuts in some teams. Managers have been instructed to identify affected employees as the company aims to reduce payroll before the second quarter begins on September 1. This follows a year in which Oracle cut 21,000 jobs, reducing its workforce to 141,000 amid significant cash expenditures.