Oracle Fires 12,000 Indian Employees Via 6 AM Emails: 'Today Is Your Last Day'

• US-based IT giant Oracle Corporation reportedly laid off nearly 12,000 employees in India, about 40% of its local workforce, through early morning termination emails.
• The emails, sent without prior warning from "Oracle Leadership," informed staff that Tuesday would be their last working day, citing "broader organisational change."
• Globally, Oracle has cut around 30,000 jobs, approximately 18% of its workforce, as part of a restructuring effort.
• Affected employees were offered a severance package upon signing termination paperwork; some shared their experiences on Reddit, expressing shock and frustration.
• These layoffs occur as Oracle balances aggressive AI growth with cost-cutting, despite a $50 billion debt raise and a $500 billion project with OpenAI.