If you know anyone hiring in the product or content marketing field (I would love to continue to grow my expertise in tech), please be so kind as to connect us in the comments below. as well as other partner offers and accept our. The reports of layoffs at Oracle come as major tech companies continue to announce cuts. Share. The . This is having the same effect as a hiring freeze and its unknown how long it will last. Spencer Platt / Getty Images. Australian firm Linktree announced that it was to let go of 17% of its staff, equating to around 50 people. The biggest cuts will be to the teams behind the hardware division, the social mapping app Zenly, and aiding the developers who create Snapchat's mini apps and games. Soon-to-be-former employees report some teams were dropped entirely, with others trimmed. UPDATE: Ive received a tremendous amount of support based on this post from friends, colleagues, and now my new connections. It's been a rocky time for the company, with people ditching their bikes as the pandemic subsides, and a much publicised equipment recall after a death involving one of its products. Swedish fintech company Klarna announced lay offs this month, marking the second such announcement from the company this year. I'm planning to take a few weeks this summer to recharge, and after that, I will explore: Jos et halua meidn ja kumppaneidemme kyttvn evsteit ja henkiltietoja nihin listarkoituksiin, napsauta Hylk kaikki. Vimeo CEO Anjali Sud said in a blog post: After assessing the challenging market conditions and uncertainty ahead, I believe this is the responsible action to take.. Stack Overflow. Goal. Oracle is conducting massive layoffs especially in the CX area. LinkedIn News is tracking the layoffs at Oracle, as well, including curating statements from some of the workers who were laid off as a part of the companys restructuring plan. Theres even room for more lines. Get more delivered to your inbox just like it. Plus calm down now all the fun of OS subscriptions! Listen here. Keep updated with the latest tech news throughout your day by checking out The Refresh from Insider, a dynamic audio news brief from the Insider newsroom. Oracle lays off around 200 employees from its former Redwood City HQ, after relocating to Austin, Texas. User account status in UI is inactive. An 8,000-employee layoff would amount to about 10% of its workforce. The move comes as Oracle makes deeper investments in cloud technology for health care and prioritizes its cloud business with TikTok. It took only a week for Elon Musk to fire half of Twitter's workforce, after taking over the company for $44 billion. Please feel free to reach out if you have any available opportunities! I have written a query to get both active and inactive employees from a table- select papf.name,papf.empl_id,papf.assignment_status_type from per_all_people_f papf, per_periods_of_service ppos where . @Mike: Expanding the column list is not the same as using select * except. This really is a rebalancing.. Although there was talk of cutting costs at the time, the IT giant counterintuitively spent $28.3 billion to acquire electronic health records specialist Cerner and its 28,000 employees. Zoom announces that it is laying off 1,300 staff, around 15% of its workforce. News aggregator service SmartNews confirms that it is slashing around 120 positions from the company, affecting roles in US and China. When evaluating Oracle professionals for a layoff , many employers consider these factors: Has the person distinguished themselves by graduating from a . In an email to staff, CEO Satya Nadella stated that less than 5% of the company would be affected, and that hiring would still continue in key strategic areas. Why some founders "are especially not OK.". Why is there a voltage on my HDMI and coaxial cables? Sign up for notifications from Insider! mitataksemme sivustojemme ja sovellustemme kyttsi. Those layoffs arent as major as some would expect, considering Oracle Cloud Infrastructure has more than 10,000 employees. This suggests a continued strength in the labor market. He went on to say While it is always painful to part ways with our fellow colleagues, there was no way to reduce our expenses significantly enough, without considering changes to headcount.. Get all table names of a particular database by SQL query? Elsewhere in the North Carolina economy, job postings have slowed since last month. If you know anyone looking for an experienced solutions consultant/engineer, let me know! 0. Job cuts affecting employees in the Bay Area have started, according to The Information, which also reported last . More than US$64B in R&D since FY2012. In a statement from the company, CEO Cheng Lu stated While I deeply regret the impact this has on those affected, I believe it is a necessary step as TuSimple continues down our path to commercialization.. Intel confirms that it is cutting over 500 staff in the latest tech layoffs, with an aim to cut $3 billion from its budget this year. In addition, the company will also look to close some of its physical offices. Twilio, the cloud communications provider announced that it was reducing it's workforce by 11%. nyttksemme sinulle kohdennettuja mainoksia ja sislt kiinnostusprofiileiden perusteella, mitataksemme kohdennettujen mainosten ja sisltjen tehokkuutta. It represents a huge 6.5% of the total workforce for the company, and although the Zoom call that led to the mass firings was shocking for those affected, it hasn't come out of the blue. Even so, its worth noting as recession fears have investors closely watching tech stocks. Accordingly, we have right sized the business to best reflect the new realities.. Sales staff are those most affected. Regardless, I'm shifting straight into job-finding mode and plan to keep my head up! The company stated that making these cuts would allow it to be more agile and better align our course with our strategic priorities in the current macro environment.. That news . Is the God of a monotheism necessarily omnipotent? Groupon has initiated what is calling its second phase of restructuring', which involves the job losses of 500 of its staff. Please provide sample data and desired results. Twilio announces layoffs in a company-wide email sent out to staff, as part of a strategy change that seeks to improve efficiency and reduce overheads. The team was originally formed in 2018. Popular social media platform TikTok has been no stranger to headlines this year, with national security concerns coming to the forefront once again. Affected employees spanned the gamut from recent hires to workers with over 20 years of service. Job losses: unknown, potentially hundreds. A slew of Bay Area startups have also been forced to conduct layoffs. Telecoms company Ericsson announces plans to cut 1,400 roles in its native Sweden, in an attempt to cut costs. CEO Steven Galanis told staff: To support both fan and talent demand during the pandemic lockdowns, Cameos headcount exploded from just over 100 to nearly 400. 1125 N. Charles St, Baltimore, MD 21201. The Moral Movement Sweeping Gen Z, Companies That Offer a 4-Day Work Week in 2023, Yahoo announces plans to layoff 20% of its workforce, Zoom announces that it is laying off 1,300 staff, Ecommerce Solutions to Boost Online Sales, The Best Free Project Management Software, Retail POS Systems that will boost customer loyalty, Microsoft Windows 11 Moment 2 Update Boasts New Features & AI Integration, Microsoft Teams Could Start Censoring Profanity, TikTok Now Warns Minors to Stop Scrolling After an Hour, White House: Burden of Cybersecurity Should Be on Providers. Industry: Technology. of Employees to be Laid off: 201. Twitter is currently locked in a legal battle with Musk over its acquisition, meaning uncertainty will continue at the company for the coming months. Triangle job market slowing despite tens of thousands of openings, Peloton lays off hundreds more workers to save the company, CEO says. For instance: Still, the Triangle labor market is still strong, for workers, based on one key metric, said Dr. Gerald Cohen, the chief economist at the Kenan Institute, last week. Computing giant Dell announces that it is laying off over 6,000 staff, around 5% of its total workforce. In July, it actually let go of around 100 employees, with the redundancies affecting the talent acquisition team. Amazon Web Services (AWS) Business Transformation, Oracle closes $28.3b Cerner buy amid warnings of commercial challenges, Oracle seeks $1b savings, staff prepare for layoffs, Oracle plans US database for electronic health records, Florida man accused of selling fake, broken Cisco devices from China to hospitals, schools, military. In August, iRobot, the robot vacuum cleaner brand, made the news, but not for layoffs. The company stated that it had hired too rapidly, and that these job losses were an attempt to correct this. Why do many companies reject expired SSL certificates as bugs in bug bounties? In a statement, Opendoor CEO Eric Wu blamed one of the most challenging real estate markets in 40 years.. a Director. OCI employs around 10,000 people, so, in terms of percentages, the numbers are small, but the action is significant. To learn more, see our tips on writing great answers. Employees at Oracle are also worried that it means more layoffs are on the way. St Pete based tech giant JABIL to lay off more than 200 in CaliforniaCompany Profile:- Founded:- 1966Location:- St. Petersburg, Florida, United StatesTotal . The company attracted criticism at the end of last year when it made mass lay offs via video. did not hold (either directly or indirectly) any positions in the securities mentioned in this article. Junior sales employees and a division director were a part of the eliminated positions. If this was forwarded to you, sign up here. Oracle did not immediately return Fox Business' request for comment. All rights reserved. RESEARCH TRIANGLE PARK Oracle is in the process of restructuring the company, including the cloud and license division of the company, according to a securities filing. Check out their posts below. 5. Coinbase had previously issued mass redundancies in June 2022, leading to around 1,100 job losses. More on layoffs announced earlier this year: Retention, retraining workers becomes focus for many employers in changing job market, More NC layoffs as Coats American to close Hendersonville facility, lay off 51 workers, North Carolina solar company lays off 500; CEO blames faulty equipment, Snapchat is latest tech firm to cut jobs: 20% of global workforce, More layoffs: Wayfair is cutting 5% of its global workforce, Genetics firm Invitae, with Morrisville facility, to lay off more than 1,000 workers, Multiple reports outline Oracles decision to lay off thousands of workers, Layoffs hit Microsoft: Tech giant says hundreds of workers to be let go, Job cuts at Biogen, which has big RTP presence, help drug giant reduce costs 40%, More layoffs in NC Medline closing Salisbury facility, will cut nearly 100 workers, Automotive manufacturer to close China Grove plant, lay off 81 workers, Peloton, which had plans for big NC plant, will stop making bikes; 600 to lose jobs, Latest headlines delivered to you twice daily, 2023 WRAL TechWire. While Amazon announced plans to acquire iRobot last year, the deal is not yet finalized and is subject to investigation by regulators. Its previous round of redundancies in April saw around 300 job losses. | Site designed and managed by WRAL Digital Solutions. The company behind Roomba announces that it is laying off around 85 staff, which amounts to 7% of the workforce. Twitter under the Musk regime has started with controversy, and will likely continue on in this way for the foreseeable future. Rumors and reports of mass layoffs had been circulating internally in Oracle and in the media prior to Monday. By William White, InvestorPlace Writer Nov 10, 2022, 12:19 pm EST. Calm CEO David Ko said the company was not immune' to the current economic climate. Tech giant Oracle laid off 201 employees in its former headquarters in Redwood City and nearby Belmont, adding to the Bay Area's wave of job cuts. Do new devs get fired if they can't solve a certain bug? Managing Layoffs and Recalls. An Oracle representative did not immediately respond to a request for comment from SFGATE. In an effort to cut back on expenses, the company dropped 2,500 members of staff in May, some of which were told via a video call. Now however, the company is tightening its belt, blaming the uncertainty of the global economy, as chief executive, Eric Yuan, put it in an official statement. The Layoff discussion - User says: " Oracle Layoffs 2022" regarding Oracle Corp . The company also plans to go fully remote, shuttering its physical offices as their leases expire. In addition, Salesforce reportedly laid off workers recently and has implemented a hiring freeze through January. Now is the time for smart investments that lead to the biggest ROIs. I added a condition that actual_termination_date is between these dates to pick the Terminated-Payroll eligible or it is null for the active assignments but this query is fetching Terminated-Payroll eligible even when the actual_termination_date is not in those dates. My heart aches for many going through this today. What is the purpose of this D-shaped ring at the base of the tongue on my hiking boots? By clicking Post Your Answer, you agree to our terms of service, privacy policy and cookie policy. GitHub reveals that it is cutting 300 staff, around 10% of its workforce. Oracle's CX solutions include CRM products which compete with Salesforce, the leader in this space. The initial report of layoffs in July stated that eliminations of jobs would also take place in Oracle's divisions in India, Canada, and Europe, although the exact timeline remains unclear. These redundancies were reportedly across several departments, including sales, marketing, and engineering. (KRON) About 200 Oracle employees are out of a job, according to a notice from Oracle to the California Employment Development Department. It's understandable if current customers of the company's CRM, customer service, marketing automation, e-commerce and advertising clouds are worried for the future of their technology investments, experts said. 170,000 employees. Slowed revenue growth was blamed for the job losses in June, which amounted to 300, and followed the loss of 150 employees in May. Is it possible to rotate a window 90 degrees if it has the same length and width? RingCentral is trimming 10% of its workforce, amounting to around 400 people. quotes delayed at least 15 minutes, all others at least 20 minutes. The company pointed to a new number of roles that it has opened in new areas, and stated that it will work hard to match employees affected by the cuts to this new positions. The company behind Snapchat is making one of the most drastic workforce cullings we've seen in months: It will be laying off 20% of its more than 6,400 employees this week. To populate the recall roster with workers laid off from a roster, select the ID of the layoff roster. Microsoft may re-enter bidding war for TikTok if Oracle deal falls through: Gasparino. I look forward to adding value somewhere great at the next stop on my journey! It's one of the biggest layoffs in the tech industry this year, and also one of the most brutal. https://bit.ly/3Q7awTC Microsoft's layoffs of just 1% of its staff might not seem so bad, but when you consider that the company employed 181,000 people in 2021, that's a potential 1,810 people on the chopping block. | Privacy Policy. Several described the Oracle layoffs on LinkedIn as "widespread," although the company has not announced the size of the workforce reduction and the layoffs seem targeted to specific . It's already proved to be a year of change for Peloton the company had previously cut 2,800 roles and replaced its CEO. Oracle Considered $1B In Cuts, 'Thousands' Of Layoffs: Report Big thanks to all my awesome Oracle colleagues who have been nothing short of amazing since I got there. Oracle's CX division has incurred what appear to be deep layoffs. #openforwork#layoffs#marketing#Oracle#oraclelayoffs #contentmarketing #productmarketing. Unfortunately, that can lead to some leaving the business, and we support them through their transition.. Does a summoned creature play immediately after being summoned by a ready action? Access your favorite topics in a personalized feed while you're on the go. US$42B in revenue in FY2022. This is best high frequency measure we have though week to week can be volatile, so we tend to look at the four week average, which is flat-ish.. CRN added that two high-level executives, CMO Ariel Kelman and SVP Juergen Lindner, recently departed the company, as . For those of you who know me, you know why sunflowers are my favorite and for those who don't I'll share my reason -- because even on the darkest of days, they stand tall to find the sunlight. In an internal memo, Spotify CEO Daniel Ek stated In hindsight, I was too ambitious in investing ahead of our revenue growth. UK-based fashion e-commerce platform Lyst is reported slashing 25% of its workforce, amounting to around 25% of its staff, as it looks to make savings, as first reported by TechCrunch. Adobe cuts around 100 roles, mainly focused on sales . Chatter about looming cuts had . It follows redundancies earlier in the year where 34 staff were let go. The company had 7,867 at the end of last year. Just like many other tech companies recently, Oracle has also been laying off . Touted as part of its restructuring plan, San Francisco based DocuSign announced that it was letting go of 9% of its workforce. All rights reserved. The contractors worked in the recruitment arm of the company. Powered and implemented byFactSet Digital Solutions. Reports that Twitter has continued its huge layoffs into the new year, with around a dozen cuts being made to its Dublin and Singapore offices. The company closed at $77.44 on Monday following reports of the layoffs and opened on Tuesday at $76.99. 7. Those that remain will have the privilege of remote working taken away and be expected to return to the office. EXPECTED BEHAVIOR-----Expect the user account to . Oracle counts India as their largest delivery centre outside the US, employing close to 40,000 people. It expects to incur $519 million in restructuring costs "primarily related to employee severance" through . ORCL stock is up 3% as of Thursday afternoon but down 11.5% since the start of the year. We're so happy you liked! In a statement, the company stated that its Future Ready Transformation Plan, estimates annualized gross run rate cost savings of at least $1.4 billion by the end of fiscal 2025, and restructuring and other charges of approximately $1.0 billion.. San Francisco based cloud software firm, Nutanix, announced a reduction of 270 staff from it's 6,000 strong global workforce. Email jerb@insider.com or tweet @jordanparkererb.). Oracle (NYSE:ORCL) layoffs are worth checking out on Thursday as investors keep track of companies cutting employees. Forty-four thousand million dollars, Almost 200 staff let go with emails that landed late at night, Ride-hailing biz 'modernizes infrastructure' by using someone else's computer. The FTC sent out subpoenas and other demands for information after Insider reporting. Oracle Hardware Layoffs September 29, 2022 In "O Layoffs". DAN HOWLEY: Yeah, this is a report coming from the Information saying that Oracle could lay off thousands of employees based in the US and in Europe. Reports that streaming service HBO Max is cutting 70 roles, around 14 percent of its workforce. 9. #oraclecloud At the time of writing the actual number of layoffs at Oracle is unknown, but there are signs it's in the hundreds at least, potentially even thousands, globally. (Getty Image / Getty Images), GET FOX BUSINESS ON THE GO BY CLICKING HERE. We broke down how to unsend text messages using iOS 16. iPhone users with iOS 16 will have 15 minutes to unsend a text and delete it from the recipient's phone. This material may not be published, broadcast, rewritten, or redistributed. 430,000 customers in 175 countries. Google's parent company, Alphabet, announces huge layoffs, letting 12,000 staff go. That would roughly make sense if they want to save $1 billion overall," wrote one user on Thelayoff. All rights reserved 19982023, Big Red 'has a history of changing offerings' without allowing renewals of legacy products, Vid-chat-biz ditches Greg Tomb as head-rolling continues, With more employees than ever choosing where they work, the need for PCs fit for purpose has intensified. The publication in July reported that Oracle was considering cutting thousands of jobs in its global workforce after targeting cost cuts of up to $1 billion. The layoffs are blamed on IBM missing its annual cash target, although in a statement, CFO James Kavanaugh stated [IBM is] committed to hiring for client-facing research and development.. Take a deep breath. Musk argued that he is entitled to drop the deal entirely and Twitter pushed back, saying the billionaire's story is "implausible." Alphabet/Google had been unique in that it didn't make any major layoffs in 2022, whilst its competitors were making heavy cuts. Oracle Corp. began laying off employees Monday, something more than two dozen employees indicated on posts to their LinkedIn profiles. Software giant Oracle has begun laying off an unspecified number of U.S. workers in its customer experience division, Bloomberg reports. :from_date and :to_date along with all ACTIVE assignments. Cathie Wood Is Doubling Down on Tesla (TSLA) Stock. Aug 02, 2022. However, this could be the last job cut at the company for some time, with CEO Barry McCarthy stating that Peloton is now focused on growth.'. The company was acquired by Amazon on August 5th and chose the same day to announce that it was planning to cut 140 jobs 10% of its workforce. In June, Oracle, which employs about 140,000 people globally, reported five percent growth in fiscal 2022 revenue to $42.44 billion, which was tapered by a 28 percent decline in operating income. Here's our scoop on what's going on. This section provides an overview of the layoff and recall process and describes how to: . Inpixon, a company which provides tech and solutions to map and plan indoor spaces, announced that it was letting go of 20% of its workforce, estimated to be around 44 people. Just 9% of tech workers are feeling confident in their job security, according to a June survey from . Oracle is the latest in a series of tech companies to have laid off employees since the start of the year. Cybersecurity firm Snyk lets go 14% of its workforce, blaming significant market shifts', leading to the company having to restructure its global workforce'. Co-founder Sebastian Siemiatkowski stated that the announcement was the hardest one to date, and that the world was a very different world than the one we are in today when the company made its 2022 plans last year. The Advertising and Customer Experience team was said to have been cut, too. Thank you to everyone who has commented, liked, messaged me, and shared to their network about this post. Why are you choosing NOT to use proper, explicit, SQL query to pick all active employees and terminated employees only during a specific period, How Intuit democratizes AI development across teams through reusability. IBM announces that it is to cut nearly 4,000 staff, representing 1.4% of the company's workforce. Unfortunately, despite only starting on May 31st, I was one of those affected. Staff losses at Vimeo in July represented about 6% of the company workforce, with the redundancies being blamed on an uncertain economic future. #customerexperiences In a LinkedIn post, CEO Alez Zaccaria claimed that the move was necessary to emerge stronger from the economic downturn.. Oracle Austin Layoffs October 3, 2022 In "O Layoffs". Among that is what has shares of Tesla(NASDAQ:TSLA), Veru(NASDAQ:VERU) and Motorsport Games(NASDAQ:MSGM) stock moving today. Heres a list of some of the layoffs that may affect North Carolina workers that occurred in August: Troubled tech firm Avaya HQ in Durham is laying off workers, NCs economy takes a $1B hit in project cancellation fifth announced this year, NC tech leaders grow more pessimistic about economy; 17.5% have implemented hiring freeze, Layoffs still keep coming despite better-than-expected jobs report. To subscribe to this RSS feed, copy and paste this URL into your RSS reader. The streaming landscape is more competitive than ever in 2022, with Netflix cutting 300 jobs in June amidst declining subscriber numbers. Carvana has had a rocky 2022, with a $506 million loss in the first quarter. A source informed TechCrunch that 250 or more' roles were on the chopping block. Following on from the 900 staff fired in December over Zoom, Better.com let go of another 3,100 members of staff across both the US and India. Employees for Oracle's U.S. customer experience division were laid off from the company on Monday after being informed their positions were eliminated, according to Bloomberg. What Is Going on With Motorsport Games (MSGM) Stock Today? As threat of layoffs grows, which workers are the most vulnerable? In a blog post on the company site, CEO Vlad Tenev stated that the redundancies were due to over hiring in 2021, and that, As CEO, I approved and took responsibility for our ambitious staffing trajectory this is on me. A message that is unlikely to bring much comfort to those affected. RingCentrals layoffs included several senior roles, and are in two rounds, effective on September 18th and 25th. 4. Just to add Terminated-Payroll eligible corresponds to INACTIVE IN papf.assignment_status_type, You are using the TO_CHAR (:from_date,'YYYY-MM-DD'), You don't have to convert it to CHAR as you are comparing it against the date. A spokesperson for Yahoo told CNBC Given the new focus of the new Yahoo Advertising group, we will reduce the workforce of the former Yahoo for Business division by nearly 50% by the end of 2023.. A spate of layoffs at Microsoft has led to around 1,000 employees losing their jobs. Thanks for contributing an answer to Stack Overflow! No more dog whistles or empty threats for caustic tweeps, but what does it matter if no one can post? Recruiters offered advice on the professional social network about regrouping and leaning in to networks. Im forever grateful. Twitter paused hiring during Elon Musk's acquisition of the company, reportedly in an attempt to cut costs. All employees worked at the former headquarters in Huge losses announced by the real estate tech company as it cuts around 18% of its total workforce. The cuts, which amount to around 4% of the companies total workforce, will allow additional space to invest and create new roles in high-potential areas new technologies, customer innovations and key markets, stated Jamie Iannone, Chief Executive Officer of eBay. The layoffs come months after Oracle obtained all the required antitrust approvals for their $28 billion acquisition of Cerner, a medical record technology company. 2. Oct 2022. By clicking Accept all cookies, you agree Stack Exchange can store cookies on your device and disclose information in accordance with our Cookie Policy. . kehittksemme ja parantaaksemme palveluitamme sek tuotteitamme. In a letter to staff, the company said that it was focusing on self-service merchant acquisition capabilities.. Like all companies, we evaluate our business priorities on a regular basis, and make structural adjustments accordingly.. Mutual Fund and ETF data provided byRefinitiv Lipper. Google-backed chip startup Lightmatter just poached, After less than a year, Tinder CEO Renate Nyborg. The potential layoffs come on the heels of Austin, Texas-based Oracle closing its $28 billion acquisition of Cerner to give the company a deeper presence in the healthcare technology space. Employees at Oracle are worried about more layoffs. I wish nothing but the best for everyone in this next chapter. Comment. Oracle employees have taken to social media to reveal many have been laid off by the database and applications giant. Special thanks to my team and coworkers Lynn Barnhart, Shelby Aprile, April Mazon, Carina Lewis-Hornsby, Lyndie Saupe, Haley Vote, Kimberly Mikat, Kerri Johnson, Sharon Kim, Caryn Anderson, Christina Church, Margaux Guyonneau, Julia S., Lloyd Fisher, Bryant Aponte, Michelle Shapiro, Pete Jaradeh, Jayme Mesecher, June Farmer, Lori J. Pierson, SPHR, Amy P., Judy Warchesik, Violet Lumani, Tracy Critchfield, Micah Strand, Sherri Takahara, Laraine Chan Here are 22 Triangle companies that slowed pace of hiring in October. Here's what we know. Oracle. An official announcement on this cuts is expected near the end of October. We're sorry this article didn't help you today we welcome feedback, so if there's any way you feel we could improve our content, please email us at contact@tech.co. It follows the company's earlier announcement that it was looking to reduce costs by $880 million by the end of 2023. One person reported all of the CX Commerce team was gone: However, the layoffs appear to be across a wide range of roles from analyst relations to talent acquisition, to CRM to developers. Google announced last month they will slow hiring for the rest of the year and Tesla recently laid off over . Mark Zuckerberg is minting an NFT of his Little League baseball card. In a statement, Mark Zuckerberg confirmed that the company was cutting 10% of the company workforce, amounting to 11,000 roles. That's the rumor circulating at the moment, thanks to a July article in The Information that suggested the enterprise IT giant could slice away thousands of jobs as soon as August. The research on the four-day work week has shown that it 2023 looks set to follow last year's trend for tech layoffs - we track the latest job cuts from Amazon, Salesforce and others. Free insights on Oracle Layoffs.