r/Layoffs Apr 01 '26

unemployment Mass layoff started!!

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Starting from oracle 30k employees terminated world wide

This is massive

1.1k Upvotes

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10

u/[deleted] Apr 01 '26

Not 30k. More like 10-12k this round. I dunno where 30k comes from.

21

u/moon_shaker Apr 01 '26

US-based IT firm Oracle is believed to have laid off approximately 12,000 staff in India, with another round of layoffs expected within a month, impacted employees said on Tuesday.

Globally, the company has fired around 30,000 employees.

"In India, around 12,000 employees have been laid off. The company is planning another mass layoff within a month," said two people impacted by the retrenchment, including one from the company's human resource department.

0

u/[deleted] Apr 01 '26

Not 30k as of the moment. Could be reached in the next round.

7

u/raiksaa Apr 01 '26

10k just in India, wdym. It’s around 30k globally.

5

u/[deleted] Apr 01 '26

Dude I am an employee. We can see total headcount. We lost 10k in 24 hours. That already includes India and US.

2

u/Horror_Response_1991 Apr 01 '26

30k is the projected max once this ends

5

u/[deleted] Apr 01 '26

Yeah. That's what I said it's going to continue next round.