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Home > Cloud Computing > Oracle has begun to lay off employees in the U.S

Oracle has begun to lay off employees in the U.S

Oracle is cutting the workforce in its some divisions in the U.S.This reduction will impact employees mostly in the San Francisco Bay Area, where the company was previously headquartered.


Hanife Diktas Hanife Diktas
August 4, 2022
2 min read
Oracle has begun to lay off employees in the U.S
  • Oracle Corp. has started staff reduction within its marketing and customer experience divisions in the U.S, mainly impacting its offices in San Francisco Bay Area.
  • Oracle intends to cut its expenditure up to $1 billion with these layoffs.
  • Canada, India, and parts of Europe offices are also expected to face workforce reduction in the coming weeks and months.

Oracle has allegedly started staff reduction within its marketing and customer experience divisions in the U.S. This strategy is most likely a result of the divisions’ growth failure versus to rest of the company’s services last year as well as cost reduction strategy and the company’s focus on recent cloud investments.

Canada, India, and parts of Europe’s workforce are next

A publication in July reported that Oracle was planning to reduce thousands of jobs in its worldwide workforce with cost cuts targeting up to $1 billion. According to its latest annual report, the software giant had about 143,000 full-time employees as of May 31. Oracle’s axing employee news has already been circulating across a career platform Linkedin with the employees sharing their redundancy experience. The recent layoffs are mainly affecting the offices in San Fransisco Bay Area. But reports suggested that Canada, India, and parts of Europe are also expected to face workforce cuts in the coming weeks and months.

So far, the cuts have included sales division directors, junior sales employees, and the customer experience division, which provides analytics and advertising. The job reductions come after Oracle’s recent investments in cloud technology for health care and its cloud business with TikTok, a video application owned by China-based ByteDance.

Furthermore to Oracle’s cutting workforce, there have been reports of other giant companies such as Microsoft Corp, Alphabet Inc, and Apple Inc. plan to cut their workforce due to pricing costs and soaring inflation globally according to reports.

See more Cloud Computing News


Tags: LayoffOracle
Hanife Diktas

Hanife Diktas

Hanife Diktas is a news editor at Cloud7 News. Hanife started her career in the manufacturing sector in the marketing and sales department. Hanife worked in industrial equipment, renewable energy, and technology sectors. Hanife Diktas did her bachelor's degree in business administration and completed a master's degree in management at Yeditepe University in Istanbul, Turkey. Hanife is a Linux user, and she also contributed to AlmaLinux OS at the beginning of the project. Hanife focuses on web hosting, cloud computing, data centers, cybersecurity, Linux OS, and virtualization technologies. Hanife enjoys creating content and shooting videos covering these topics.

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