Close Menu
saiphnews.comsaiphnews.com

    Subscribe to Updates

    Get the latest creative news from FooBar about art, design and business.

    What's Hot

    Trump Seeks to Redefine ‘Regime Change’ in Iran War

    April 1, 2026

    What it’s like to be in Florida for Artemis launch

    April 1, 2026

    Body of missing teenager is found after river crash

    April 1, 2026
    Facebook X (Twitter) Instagram
    Facebook X (Twitter) Instagram
    saiphnews.comsaiphnews.com
    Wednesday, April 1
    • Home
    • Finance
    • Sports
    • Health

      Fuel Your Workout: 15 Powerful Fitness Motivation Quotes to Keep You Going

      May 15, 2025

      Sizzle Away the Pounds: The Ultimate Guide to Fat-Burning Workouts

      May 14, 2025

      Kickstart Your Fitness Journey: The Ultimate Beginner Workout Guide

      April 30, 2025

      Get Fit Anytime, Anywhere: The Top 10 Fitness Apps You Need to Download Now

      April 30, 2025

      Unlocking Wellness: 10 Essential Habits for a Healthier Life

      April 22, 2025
    • Media & Culture
      1. World
      2. Politics
      3. Health
      4. View All

      Body of missing teenager is found after river crash

      April 1, 2026

      Police 'jumped the gun' to charge triple killer, inquiry hears

      April 1, 2026

      Tribute to 'deeply loved' girl, 7, found in pond

      April 1, 2026

      England cricketer fined over 93mph speeding offence

      March 31, 2026

      Trump Seeks to Redefine ‘Regime Change’ in Iran War

      April 1, 2026

      What it’s like to be in Florida for Artemis launch

      April 1, 2026

      Orry Achieves Peak Fame with Surprising CBSE Exam Paper Appearance |

      April 1, 2026

      Trump Says He Halted Nuclear Threat From Iran, Despite Evidence to the Contrary

      April 1, 2026

      Fuel Your Workout: 15 Powerful Fitness Motivation Quotes to Keep You Going

      May 15, 2025

      Sizzle Away the Pounds: The Ultimate Guide to Fat-Burning Workouts

      May 14, 2025

      Kickstart Your Fitness Journey: The Ultimate Beginner Workout Guide

      April 30, 2025

      Get Fit Anytime, Anywhere: The Top 10 Fitness Apps You Need to Download Now

      April 30, 2025

      India’s Cultural Mosaic: A Deep Dive into the Rich Tapestry of Traditions and Modernity

      May 23, 2025

      India-Focused Headlines

      May 22, 2025

      Tradition Meets Technology: How Modern India is Redefining Ancient Rituals

      May 15, 2025

      Global Canvas: Exploring the Latest Trends in International Art Exhibitions

      May 15, 2025
    • National
    • Politics
    • Tech
    • Contact us
    saiphnews.comsaiphnews.com
    Home » Oracle layoffs: Employees receive email from ‘Oracle Leadership’ at 6AM, saying: “We have made the decision to eliminate your role as…” |
    National

    Oracle layoffs: Employees receive email from ‘Oracle Leadership’ at 6AM, saying: “We have made the decision to eliminate your role as…” |

    saiphnewsBy saiphnewsApril 1, 2026No Comments4 Mins Read
    Facebook Twitter Pinterest LinkedIn Tumblr Email
    Share
    Facebook Twitter LinkedIn Pinterest Email


    Oracle layoffs: Employees receive email from 'Oracle Leadership' at 6AM, saying: "We have made the decision to eliminate your role as…"
    Oracle has started laying off employees across its global offices, with workers receiving termination emails at 6AM from “Oracle Leadership” informing them their roles had been eliminated. Teams like RHS, SVOS, and NetSuite IDC were among the first hit. The job cuts could hit 20,000 to 30,000 people—roughly 18% of Oracle’s workforce—as the company looks to free up cash for its AI data centre push.

    Oracle has begun laying off employees across its global offices, with workers in US, India, and other regions reporting termination emails landing in their inboxes as early as 6AM EST on Tuesday. The emails, sent from “Oracle Leadership,” informed employees that their roles had been eliminated as part of a broader organisational change—and that the day they received the email was their last working day.There was no prior intimation, no call from HR, no manager loop-in. Just an email.Posts on Reddit’s r/employeesOfOracle subreddit and Blind flooded in within hours of the layoffs going live. Affected employees said teams like RHS (Revenue and Health Sciences) and SVOS (SaaS and Virtual Operations Services) saw at least a 30% reduction in force, with 16 or more engineers from individual business units let go in a single sweep. At least one manager was also part of the cuts. NetSuite’s India Development Centre (IDC) was hit too, with cuts spanning PM, IC, and manager roles across multiple levels.

    The layoff email offered a severance, but only after signing termination paperwork

    The termination email told employees they would be eligible for a severance package, but only after signing separation documents sent via DocuSign. Employees were also asked to update their personal email addresses to receive follow-up information including FAQs and separation details. For India, the severance structure is expected to follow the standard N+2 formula, where N is the number of years worked, paid out in months. Any unvested RSUs, however, are gone.According to posts on the subreddit, affected employees will retain access to their vested stock through Fidelity, but production systems access was revoked almost immediately. Some employees reported April 3 as their formal last working day, followed by a one-month garden leave period with limited access.Posts on Blind also claim Oracle recently installed a tracking utility on all Mac laptops issued to employees, reportedly logging all activity on the device. The post warned affected employees not to copy any code or data before returning their machines.

    Here’s what Oracle’s layoff email said

    The email, sent from “Oracle Leadership” and screenshotted by affected employees, read:“We are sharing some difficult news regarding your position. After careful consideration of Oracle’s current business needs, we have made the decision to eliminate your role as part of a broader organizational change. As a result, today is your last working day. We are grateful for your dedication, hard work, and the impact you have made during your time with us. After signing your termination paperwork, you will be eligible to receive a severance package subject to the terms and conditions of the severance plan. You will receive an email from DocuSign to your Oracle email address with details on your severance and termination date.”

    Watch

    $101 Billion in 1 Day: How Larry Ellison Became the World’s Richest Man Explained

    Oracle is cutting jobs to fund its massive AI infrastructure push

    The layoffs are part of what could be Oracle’s largest-ever restructuring. TD Cowen estimates the cuts could hit 20,000 to 30,000 employees—roughly 18% of Oracle’s 162,000-strong global workforce—freeing up $8–10 billion in cash flow. The money is needed to fund an aggressive, debt-heavy expansion into AI data centres that has put the company under serious financial strain.Oracle has piled on $58 billion in new debt in just two months, its stock has shed over half its value since peaking in September 2025, and multiple US banks have quietly pulled back from financing its data centre projects. The company, which posted a 95% jump in net income to $6.13 billion last quarter, is betting big on AI infrastructure—but the bill is coming due fast.

    Source link

    Share this:

    • Click to share on Facebook (Opens in new window) Facebook
    • Click to share on X (Opens in new window) X

    Like this:

    Like Loading...
    Share. Facebook Twitter Pinterest LinkedIn Tumblr Email
    saiphnews
    • Website

    Related Posts

    Orry Achieves Peak Fame with Surprising CBSE Exam Paper Appearance |

    April 1, 2026

    IPL 2026 tragedy: British broadcast engineer found dead in Mumbai hotel | Cricket News

    April 1, 2026

    Fakhar Zaman: Pakistan’s Fakhar Zaman banned for ball-tampering in PSL | Cricket News

    March 31, 2026
    Leave A Reply Cancel Reply

    Our Picks
    Stay In Touch
    • Facebook
    • Twitter
    • Pinterest
    • Instagram
    • YouTube
    • Vimeo
    Don't Miss

    Trump Seeks to Redefine ‘Regime Change’ in Iran War

    World April 1, 2026

    President Trump and his aides have made contradictory statements on whether the United States and…

    Share this:

    • Click to share on Facebook (Opens in new window) Facebook
    • Click to share on X (Opens in new window) X

    Like this:

    Like Loading...

    What it’s like to be in Florida for Artemis launch

    April 1, 2026

    Body of missing teenager is found after river crash

    April 1, 2026

    Orry Achieves Peak Fame with Surprising CBSE Exam Paper Appearance |

    April 1, 2026

    Subscribe to Updates

    Get the latest creative news from SmartMag about art & design.

    Our Mission
    Our Mission

    At Saiph News, we are dedicated to delivering the latest updates from across the globe, with a strong focus on National News, International Affairs, Health, Politics, Stock Market Trends, and more. Our mission is to keep our readers informed, engaged, and empowered with factual reporting and insightful analysis.

    Email Us: saiphtech247@gmail.com

    Our Picks
    Subscribe Us For Latest Updates
    Please enable JavaScript in your browser to complete this form.
    Loading
    Facebook X (Twitter) Instagram Pinterest
    • Home
    • Privacy Policy
    • About us
    • Contact us
    • Terms & Conditions
    © 2025 Saiph News. All Rights Reserved.

    Type above and press Enter to search. Press Esc to cancel.

    %d