Oracle has laid off over 150 OCI team members in the US and India, including roles in Enterprise Engineering, Fusion ERP, and AI/ML. The cuts come amid record stock gains and major deals with OpenAI, TikTok, and Temu. Oracle says it’s part of strategic restructuring, shifting focus to AI infrastructure, with new AI-focused hiring underway in Tennessee.
Trending
- CBDT Tightens Crypto Reporting Rules, Exchanges Face New Compliance Requirements
- CBDT Tightens Crypto Reporting Rules, Exchanges Face New Compliance Requirements
- Gadkari Wins Court Approval to Pursue Deepfake Defamation Case Against Meta, X and Google
- Nitin Gadkari Wins Court Nod to Pursue Defamation Case Against Meta, X, and Google
- Bank of Baroda Investigates Alleged 1TB Customer Data Leak; No Breach Confirmed
- India Opens FDI Door for Export-Only Inventory E-Commerce
- Bank of Baroda Investigates Alleged 1TB Customer Data Leak; No Breach Confirmed
- India Allows FDI in Inventory-Based E-Commerce Model for Exports of Domestically Manufactured Goods
Oracle Layoffs Hit Cloud Teams in US and India Amid AI Push
Explore On The Go !
Deccan Founders © 2026 – All Rights Reserved