Oracle
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Newest firstYesterday · Sunday 25 October
- Asia-Pacific·People
Oracle India Layoff Severance Leak Shows Up to 26 Weeks' Pay, Health Insurance
Leaked Oracle India severance calculations show up to 26 weeks' pay plus health insurance based on gross salary. A 2.5-year employee received ~6 months pay plus notice and bonuses; the layoff affected ~30,000 globally across U.S., Mexico and India.
- Global·News
Nearly 196,000 Tech Employees Laid Off Globally in 2026
Global tech layoffs reached nearly 196,000 in 2026, peaking at 29,000 in May. Intel cut 15,000 jobs (15% of workforce) as part of $10 billion cost reduction; Cisco shed over 4,000 (5%); Oracle reduced headcount by 21,000 due to AI infrastructure expansion costs.
Saturday 24 October
- Global·News
Over 135,000 Tech Workers Laid Off in 2026 Amid AI-Driven Restructuring
Over 135,000 tech workers were laid off globally in 2026 through October across 330+ companies including Amazon, Oracle, Meta, and Microsoft. UPS planned up to 30,000 operational job cuts; Oracle reduced 21,000 with up to 30,000 restructuring impact; Amazon cut 16,000 enterprise positions in January.