Oracle layoffs: 500+ employees get emails from leadership, calls them 'proposed impacted employee'

Oracle has begun a second round of layoffs in Romania, notifying around 500 to 520 employees on June 25 with emails headed "collective dismissal-you are a proposed impacted employee." The cuts span OCI, Database Technologies, Oracle Health and several other units, and were reportedly planned months ago. They form part of Oracle's global drive to shed payroll and fund its debt-heavy AI data centre push.

By TOI TECH DESK