Brief by Shorts91 Newsdesk / 03:25pm on 27 Apr 2026,Monday India
Oracle has announced major layoffs, cutting an estimated 20,000 to 30,000 jobs across the US, India, Canada and Latin America. Many senior and long-serving workers were affected. Reports said the company is focusing more on artificial intelligence, cloud services and automation. Experts say many tech firms are reducing staff to lower costs and increase profits. Companies like Meta and Microsoft have also announced job cuts recently. Workers now fear fewer openings and slower hiring. Entry-level jobs and routine roles face pressure from AI tools. Senior employees are also seeing growing job risks.
