Oracle Layoffs 2017: Rumored Staff Cuts, Job Losses Today (June 1)
Rumored Oracle layoffs on June 1, 2017, allegedly include job cuts for North American sales, customer success managers and solutions consultants.
Oracle (ORCL) apparently made job cuts today, according to sources close to the technology giant. ChannelE2E has not confirmed actual layoff figures, but one source suggests hardware teams in particular will be stretched thin as the company doubles down on cloud services.
Unconfirmed reports suggest various Oracle layoffs in the United States and the United Kingdom. Department cuts allegedly include North American sales; customer success managers for North America cloud; and solutions consultants focused on customer experience. Much of the chatter — featuring unconfirmed rumors — surfaced today on TheLayoff.com.
In early May 2017, Oracle CEO Mark Hurd denied a rumor that the company was planning massive job cuts in June 2017. At the time, Hurd called the mass layoff rumor “fake news.” Fast forward to present day (June: the start of Oracle’s new fiscal year) and multiple sources suggest the company had some cuts today — though the sources don’t consider the cuts to be “mass” layoffs.