business
Oracle 6 a.m. layoff notice: On March 31, the tech giant sent this letter to thousands of workers
On March 31, Oracle executed a massive layoff, affecting thousands of employees worldwide. Notices were sent through email, indicating that numerous positions had been removed. Many workers found their system access terminated almost immediately. Additionally, speculation arises about another significant round of layoffs potentially hitting around September 1, largely attributed to Oracle's major investments in artificial intelligence infrastructure.
Read full article on The Economic Times