Oracle Fired 100 Indian Employees And Here Are The Reasons

Oracle recently has announced that its global business was under restructuring. The US-based software giant now has about 38,000 workers in India, its second largest delivery center outside of the US. As a part of the plan, 100 employees of India branch have been laid off after two top executives of the company resign their work and come to Google.

Apparently, Oracle is putting effort into restructuring its workforce, focusing on cloud offerings. This round of layoffs reflects a bigger sentiment than an annual redundancy exercise. Layoffs are happening in the US too when a number of around 500 staffs are claimed to get impacted. Some other reports tell that at least 32 engineers in Cloud Infrastructure division of Oracle have been fired after Oracle launches its newer Cloud version.

A team of engineers working in India

According to some sources, the dozens of laid-off employees were software engineers, documentation professionals or quality assurance. They were said to take part in a meeting and signed off later.  However, the layoffs are Oracle is not due to profits and revenues, but due to Cloud computing. An Oracle representative said that they would continue to balance their resources along with restructuring the business to make sure that the chosen people would deliver their best in cloud services to customers. Oracle is reducing its exposure to the hardware and software divisions and making a big push into the cloud. The company's ambition is to keep up in the cloud division and compete with its opponents.

The founder Larry Ellison also takes the company's chairman and CTO positions.