Oracle may lay off 3,000 employees in India: Report

Oracle may undertake another round of layoffs that could impact around 3,000 employees in India, ET reported. The job cuts are expected to affect multiple functions, with managers and teams being asked to reduce budgets. Earlier this year, Oracle disclosed that it had reduced its global headcount by 13%, or 21,000 employees, over the 12-month period ending May 31.