Oracle leverages plans to lay off employees in the face of economic crisis
Thairath Online
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IT
2 Aug. 2022 10:01 a.m.
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Oracle plans to lay off employees
to deal with the emerging economic crisis
Oracle's layoff plan
It affects employees in San Francisco, USA, then it affects employees in Canada, India, and parts of Europe.
but did not specify how many people will be laid off
Oracle has 143,000 employees worldwide as of May 31, 2022.
This Oracle Employee Termination Plan
It is part of a $1 billion cost reduction plan.
This is the move of the IT giant to cope with the economic crisis.
As with many companies such as Microsoft, Google, Apple, the cost of layoffs is reduced.
and delay plans to hire new employees
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