Oracle leverages plans to lay off employees in the face of economic crisis

Thairath Online

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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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