๐ Oracle Cuts 3K Jobs in India; Microsoft Hits 500
Oracle is reportedly cutting 3,000 jobs across its operations in India. This action comes as Microsoft has placed 500 employees on Performance Improvement Plans (PIPs). These job cuts signal ongoing corporate restructuring in the tech sector across the region. The layoffs are part of a broader trend of workforce optimization in major IT companies. Both companies are expected to continue streamlining their operations in the coming quarters. ๐