India, April 1 -- Oracle has started laying off thousands of employees, according to a CNBC report. This decision reportedly stemmed from the software maker's aggressive push to increase spending on artificial intelligence infrastructure.

The company's termination email to its affected employees stated that their positions had been eliminated and that it was their last working day.

According to documents viewed by Business Insider, the laid-off employees in the USA will receive four weeks' base salary, plus one week of severance for each additional year of employment. However, that number goes up to 26 weeks.

Oracle has followed other major tech firms in issuing severance after layoffs, but its packages are being described as modest co...