Cloud Computing
Oracle Trims Staff Amid Difficult Transition to Cloud Services

(Bloomberg) — Oracle will dismiss several hundred workers in May as the world’s second-largest software maker tries to rejigger its faltering cloud-computing strategy.
The database giant plans to cut 352 people on May 21, according to a notice filed last week with the state of California. The staff reductions include 255 people at its Redwood City, California, headquarters and 97 people in Santa Clara, California.
While the announced cutbacks represent a small number of people for a company with 137,000 employees as of May 31, they include people who worked in Oracle’s infrastructure cloud units that were meant to help spur growth, according to news reports. Business Insider reported last week that the company also had eliminated an unspecified number of jobs outside of California over the past week. The software maker has struggled to increase revenue amid a transition to internet-based programs and services.
“As our cloud business grows, we will continually balance our resources and restructure our development group to help ensure we have the right people delivering the best cloud products to our customers around the world,” Oracle spokeswoman Deborah Hellinger said in a statement.
-
Economy2 months ago
Is Gold a Good Investment in 2025? A Deep Dive into the Precious Metal’s Future
-
Alamaliktistaad Magazines2 months ago
Al-Iktisaad, March 2025
-
OER Magazines2 months ago
OER, March 2025
-
Automotive1 month ago
South Korea Plans to Support Auto Sector with US$2B Following US Tariffs
-
News2 months ago
Nothing Phone 3a and 3a Pro launches in the Middle East
-
News1 month ago
Oman Oil Prices Witness Drop Amid Shifting Global Trade Dynamics
-
News1 month ago
Aligning HR Strategies with Oman Vision 2040: A Roadmap for Organisational Growth – OER Business Summit 2025
-
News2 months ago
Omantel Partners with TeKnowledge to Enhance Employee Skills in AI & Data Science
You must be logged in to post a comment Login