A Bengaluru-based CEO has spoken about the harsh impact of layoffs, sharing the example of a friend who lost his job soon after buying a new house and while preparing to welcome a second child.
Oracle is reportedly preparing for another round of layoffs this month as the technology giant looks to reduce payroll costs while continuing to spend heavily on artificial intelligence infrastructure.
Oracle Corp. -- a global technology company that reduced its workforce by around 21,000 employees over the past 12 months -- has acknowledged that the adoption of artificial intelligence (AI) technologies contributed to…