Oracle is planning to layoff around 7,000 to 8,000 employees globally including in India this week. Are layoffs becoming the new normal in tech, regardless of how well a company performs?

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Oracle is planning to layoff around 7,000 to 8,000 employees globally including in India this week. Are layoffs becoming the new normal in tech, regardless of how well a company performs?

Posted Sep 2, 2026, 12:32 PM UTC

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