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Oracle makes ‘sizable’ layoffs in US

Oracle-layoffs
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United States – Global data technology giant Oracle has started laying off an undisclosed number of its employees in marketing and the US customer experience units, which started last Monday, 1 August 2022.

In a report made by Bloomberg, a few workers from Oracle were told that their position had been removed on Monday, while junior sales employees and a division sales director were amongst those dismissed. There are also rumours of pending cuts which were swirled through the division in recent weeks, but the management said the positions were safe.

Moreover, the same report said that a former senior manager of sales engineering said on LinkedIn that Oracle has ‘decided to reorganise’ its customer experience group. Meanwhile, in a separate post, another manager, whose position was cut, shared the restructuring for the job reductions. Another former senior manager and group vice president also cited on LinkedIn that some marketing positions were also dismissed.

The layoffs follow Oracle’s recent acquisition of health information technology firm Cerner Corp., for $28b. The company looks to health care to spur its effort in the competitive market for cloud technology.

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