New Delhi, Sept. 1 -- Oracle is reportedly planning a fresh round of job cuts that could affect up to 3,000 employees in India as the technology company redirects its spending before the start of the new quarter, according to a report by Moneycontrol citing officials familiar with the development.

The precise extent of Oracle's proposed layoffs remains unknown. However, figures reportedly being discussed internally indicate that the company may cut between 7,000 and 10,000 jobs worldwide, with approximately 3,000 employees in India potentially affected.

However, the reported reductions come as Oracle seeks to trim payroll and control spending ahead of a new quarter, while committing billions of dollars to expand its cloud and AI infrast...