Inside Oracle's job cuts: Over-40s, middle managers take biggest hit in latest round of layoffs
New Delhi, Sept. 23 -- Oracle's latest layoffs have reorganised its vitally important cloud business, and a leaked document obtained by Business Insider reveals the scale and scope of the restructuring. The layoffs came as the
Last week, the tech giant began a new round of layoffs as it attempts to manage costs amid a massive, debt-funded expansion into artificial intelligence infrastructure.
The document, accessed by Business Insider and provided to comply with federal age discrimination laws, detailed the job titles and ages of 546 laid-off employees in Oracle's America Cloud Infrastructure organisation who were eligible for severance benefits.
This figure represented approximately 7.6% of the 7,185 employees listed in the unit, acco...
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