Oracle layoffs: 21,000 jobs already gone, another round likely to come before September

Oracle is preparing another round of layoffs this month, with cuts reaching double-digit percentages on some teams and managers already asked to name affected employees. The company wants payroll reduced before its second quarter starts on September 1. Oracle has already shed…

Oracle is expected to conduct a fresh round of layoffs before its second fiscal quarter on September 1, and the process has reportedly started.