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Oracle to start laying offs employees in India

Oracle has been laying off employees globally since last month across locations including US, India, Canada and Phillipines, so far estimated to be about 10 percent of the global workforce as per media reports, but there will be more layoffs.American technology giant Oracle has begun layoffs in India as part of a global cost-cutting drive spurred by rising investments in artificial intelligence,These cuts have so far happened across Oracle Cloud Infrastructure (OCI) and Oracle Financial Services Software (OFSS) divisions, impacting hundreds of employees. The company has nearly 30,000 employees based In India. On the AI front, Oracle has come up with an internal AI assisting tool that integrates ChatGPT. The company has been pushing employees to use this tool daily and their usage is getting tracked. Is AI coplimenting the workforce or replacing ?

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