Oracle Plans Up to 3,000 India Job Cuts

Quartz reported that Oracle is planning to cut up to 3,000 jobs in India. The company is restructuring its India workforce. Microsoft is placing 500 employees on performance improvement plans as part of its own India workforce restructuring. Quartz states both moves reflect the tech sector shifting budgets toward newer areas. The post links to a Quartz article and includes a photo of a large red Oracle sign on grass.