Oracle layoffs: Which departments will get affected? Here's what we know

Oracle, a leading multinational computer technology corporation, is reportedly preparing to implement significant layoffs, potentially affecting 20,000 to 30,000 employees worldwide. This strategic move comes as the company shifts its focus towards expanding its AI data centers, a decision that reflects the growing demand for artificial intelligence capabilities across various industries. The layoffs are expected to impact various departments, though specific details are still emerging. Departments likely to face the brunt of these layoffs include those less aligned with Oracle's new strategic direction. Traditional roles in customer support, sales, and certain administrative functions may be reduced as the company reallocates resources to bolster its AI infrastructure. Technical teams not directly involved in AI development or data center operations might also experience downsizing, as Oracle pivots towards a more tech-centric approach. While the news has sparked concern among employees, Oracle assures that these changes are necessary to maintain competitiveness in a rapidly evolving tech landscape. The company plans to invest heavily in AI technologies, which are anticipated to drive innovation and growth. As Oracle navigates this transition, affected employees are being offered severance packages and career support to assist them through the challenging period.

— Authored by Next24 Live