New Delhi, April 1 (SocialNews.XYZ) A regular weekday morning turned into a moment of shock for thousands of employees at Oracle Corporation, as reports of large-scale layoffs surfaced.
According to multiple reports, employees across teams began receiving termination emails as early as 6 AM.
What started as a normal workday quickly turned into confusion and uncertainty, with many workers trying to understand the sudden decision while the news spread rapidly online.
Reports suggest that the company may have laid off between 20,000 and 30,000 employees globally. This would account for nearly 18 per cent of its total workforce of around 162,000 people.
However, Oracle has not officially confirmed the exact number of layoffs or provided detailed information about severance packages and support for affected employees.
The reported job cuts are said to have impacted several departments, including engineering, cloud operations, sales, and cybersecurity.
In India alone, as many as 12,000 employees are believed to have lost their jobs, although there is no official confirmation on this figure either.
As the news unfolded, many employees took to social media to share their experiences. Several posts reflected the emotional and financial stress caused by the sudden layoffs, with many also seeking new job opportunities.
One employee described the experience as completely unexpected, especially after having joined the company just a year ago.
Sharing their story online, the employee wrote that they received a termination email in the morning without any prior indication.
They added that they were given a severance package of around Rs 6 lakh along with one year of insurance coverage.
Another employee spoke about the emotional impact of the decision, saying the sudden loss of routine and stability was difficult to process. Despite the uncertainty, they expressed hope about finding new opportunities in the future.
Source: IANS
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