Searched for
ORACLE RESTRUCTURING
Oracle to complete 30,000 job cuts by June 15: What's the reason, which team is impacted the most and what Oracle workers could be giving up when they sign severance agreementsOracle layoffs 2026: Oracle is finalizing its largest workforce reduction, with approximately 30,000 employees departing by mid-June. Despi...
Over 114,000 jobs cut in tech so far in 2026 as AI drives layoffs at Amazon, LinkedIn, othersTech companies are implementing significant workforce reductions, with 114,210 roles cut in early 2026, driven by AI and automation. Major ...
Meta, Amazon layoffs: A 60-day visa clock ticks for Indian laid off H-1B techiesIndian professionals on H-1B visas face immediate immigration pressure due to US tech layoffs. Losing a job triggers a strict 60-day grace ...
Lenskart, Ola’s Q4 scorecards; Visa maze for laid-off techiesLenskart has posted a sharp jump in its March-quarter revenue even as profit dipped marginally. This and more in today’s ETtech Top 5.
After mass layoffs, Oracle pulls campus offers at IITs & NITsUS tech giant Oracle has rescinded dozens of job offers extended to students at premier Indian engineering institutes, including IITs and N...
Oracle leaves freshers in limbo; D2C carts go coldHappy Friday! Oracle has started pulling back campus offers from top institutes, leaving students caught in the crossfire. This and more in...
As Oracle revokes offer made to many IIT, NIT students, IIT Kharagpur techie has an advice for engineering students: 'Do offer shopping'Engineering graduates from premier institutes are facing the shock of revoked job offers post-placement season. These sudden withdrawals, a...
Big Tech pours billions into AI while thousands pack their bagsBig Tech's March quarter 2026 earnings reveal a significant AI-driven transformation, with revenue up across the board. Companies are proje...
Cognizant tops estimates even as Q1 net profit dips marginally; eyes layoffsNet profit was $663 million in the same period a year earlier. However, sequentially, net profit gained by 2.1%. Despite the flat profit gr...
India’s real estate will meet the reality of agentic AIIndia’s IT slowdown, driven by AI-driven automation and shrinking outsourcing demand, is beginning to hit real estate, mortgages, and emplo...
Musk–Altman trial opens: Revisiting OpenAI’s shift from nonprofit to for-profitA major legal battle begins Tuesday in Oakland. Elon Musk is suing Sam Altman and OpenAI. Musk claims OpenAI abandoned its nonprofit roots ...
Tech layoffs top 73,000 in 2026 as AI drives cuts at Meta, Oracle, othersTech giants are slashing thousands of jobs in 2026, with Meta, Snap, Oracle, and Atlassian leading the charge. AI and automation are cited ...
Tata Digital CEO on company's reset; Groww doubles net profit in Q4Happy Tuesday! Tata Digital CEO Sajith Sivanandan spoke to us exclusively about the ongoing restructuring at the company under him. This an...
Meta layoffs: 16,000 jobs on the line as Mark Zuckerberg plans major cuts in looming workforce shake-upMeta is set to cut 16,000 jobs soon. The first phase begins May 20, affecting 8,000 workers. This major restructuring follows the company's...
Moving up the value chain proves costly as tech majors and GCCs slash jobsGlobal layoffs are intensifying across large tech firms and global capability centres in India, as companies like Oracle, Cisco, Amazon and...
Techie loses job, struggling to pay car loan; now wonders if he could do goat farming as home town job doesn't pay enoughA laid-off software engineer, facing reduced local job offers, is considering goat farming with his savings. While some suggest pivoting to...
Oracle cuts 700 jobs in first wave — fears grow of massive layoffs that could hit 30,000Oracle Layoffs Explained: Oracle is initiating significant job cuts. Hundreds of employees in California and Seattle face layoffs. Analysts...
Oracle layoffs 2026: US IT tech giant dropped hidden clue about job cuts in Q3 earnings report. Why are employees re-examining it now?Oracle layoffs 2026: Oracle released its Q3 earnings report the week it sent thousands of termination emails to its employees. It has now b...
Oracle layoffs: AI pivot triggers 10,000 job cuts in IndiaOracle has cut around 10,000 jobs in India, sources told ET. This is part of a global restructuring affecting 30,000 employees. The company...
US Stock Market | Oracle shares jump 6% amid layoff buzz; AI pivot drives investor optimismOracle's stock surged despite widespread layoffs, as the company reallocates resources towards AI and cloud infrastructure. Investors are f...