Oracle layoffs, April 10 -- Tech giant Oracle, which sent thousands of employees in a shock by sending them a layoff message recently, has begun to record the dismissals in public filings.
Oracle is planning thousands of job cuts as it faces a cash crunch from a massive AI data center expansion effort.
The Oracle layoffs, which were announced in late March, will affect approximately 700 workers across California, a report by New York Post citing state records said.
These workers, who are part of the broader Oracle layoffs that affected around 30,000 people, are expected to lose their jobs by 1 June.
Companies in California that are planning a mass layoff, plant closure or relocation, must submit a notice to the state in advance.
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