Oracle layoffs finally hit its all-important cloud unit, as sources say as many as 200 are laid off
- Oracle laid off as many as 200 employees in its cloud unit on Tuesday, two sources tell Insider.
- The cloud unit has largely been insulated from layoffs this year.
- Oracle began layoffs in one cloud team last week, according to an internal notification.
Oracle's cloud unit on Tuesday laid off as many as 200 employees, according to two people familiar with the matter.
The company has had layoffs throughout the year, but its important Oracle Cloud Infrastructure (OCI) unit has been insulated unit now. Oracle last week began layoffs in a separate cloud unit, North America Cloud Infrastructure & Technology (NACT) unit, according to internal emails viewed by Insider.
OCI, in particular, is viewed as the company's direct response to the ascent of the market-leading Amazon Web Services cloud. While 200 employees would only represent a small percentage of the some 10,000 employees Oracle has at OCI, it's symbolic of changing times at the unit, which has historically been spared the bulk of the company's cost-cutting measures
Sources say the layoffs affect teams across Oracle Cloud Infrastructure, including OCI Object Storage, Dru Borden's operations and support team, and Pradeep Vincent's engineering architecture team. Oracle did not immediately respond to a request for comment.
As Insider has reported, morale at Oracle has been particularly low since August, when the company quietly performed a widespread layoff that may have impacted thousands of jobs across the world.
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