LIVE: Oracle May Cut Thousands More Jobs as AI Spending Surges | Spotlight
Oracle could undertake another round of layoffs affecting thousands of employees globally, with reports suggesting India could also see a significant impact. Internal estimates have put potential job cuts between 7,000 and 10,000, though Oracle has not publicly confirmed the plans. The reports come after Oracle disclosed cutting 21,000 jobs over the 12 months ending May 31. Meanwhile, Amazon is cutting another 121 jobs in Washington state. On Firstpost Spotlight, Daniela Laurel explains how these developments come amid a difficult year for tech workers, with more than 128,000 jobs reportedly lost so far in 2026.---
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