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Oracle Layoffs 2020: European Staff Cuts for 1,300 Employees?

Oracle layoffs will impact roughly 1,300 employees across Europe, according to The Irish Times. The figure represents roughly 1 percent of Oracle’s worldwide workforce.

The database and application software giant, which continues to shift from traditional hardware and software to cloud services, is striving to more effectively balance its teams worldwide, a spokeswoman told the newspaper.

Oracle has made targeted layoffs multiple times in recent years — including March 2019 cuts and  multiple rounds in 2017. Still, the cuts have been relatively small compared to Oracle’s overall global staffing. The company has roughly 136,000 employees, according to Oracle’s website.

Track all technology industry layoffs here.

Oracle’s Cloud Efforts Continue

Although Oracle lags Microsoft and Amazon Web Services in the IaaS (infrastructure as a service) market, Oracle has a strong presence in such cloud sectors as SaaS and database as a service (DBaaS).

Amid the ongoing cloud wars, Oracle recently hired AWS veteran Ariel Kelman as chief marketing officer, according to CNBC sources.

Oracle’s Q2 FY 2020 revenues were $9.6 billion, up 1 percent compared to Q2 of FY 2019, the company said on December 12, 2019. Q3 results are expected sometime in March 2020.

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2 Comments

Comments

    Ronan:

    I keep reading about lay offs and reorganizations and can’t stop wondering how come Oracle University still exits – this absurd business that barely makes it on its own (if it ever does, or did), with hundreds of well-paid managers that do not bring any added value to a company and a line of business that can easily things done through a 3rd party learning company (like TAM in the US and many more around the globe), and with less than a quarter of the actual spending… Oracle upper management is really twisted.

    Joe Panettieri:

    Hi Ronan,

    Thanks for your comment. I’m not an expert on Oracle University, but I have covered the company off and on (mostly on) since 1995. I don’t always agree with Larry Ellison and Oracle’s business management. But I give them credit for evolving during each technology wave (mainframe, mini, PC, client-server, Internet, web, cloud, etc.).
    -jp

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