India, Sept. 14 -- Oracle has initiated a new phase of layoffs, according to three persons affected and an email forwarded to Business Insider.

The layoffs, anticipated to commence on September 14, will affect various departments, with certain teams experiencing workforce reductions exceeding 10%, as per an internal document examined by Business Insider.

The notification email informed impacted employees that their positions had been terminated as part of a larger organizational restructuring, and that their last working day was immediate, as reported by Business Insider, referencing three affected employees and an internal email.

"After careful consideration of Oracle's current business needs, we have made the decision to eliminate yo...