Eurotrack

Layoffs

Oracle cuts 500 jobs in Romania

Location
Bucharest · 🇷🇴 Romania
Company
Oracle
Sector
IT / Software
Affected staff
500

Oracle is cutting around 500 jobs in Romania, the second round of cuts within twelve months at one of its largest Eastern European sites (around 4,000 employees). The company attributes the cuts to the use of AI and the reallocation of resources to AI infrastructure.

Source: thenextweb.com ↗ · Archived copy ↗

Evidence: one source · archived copy saved · How well sourced is Eurotrack?

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