Oracle Layoffs Impact Hundreds of Workers, Salesforce Reportedly Also Cuts Jobs
Oracle previously cut jobs in August.
Oracle has pink-slipped hundreds of employees in the latest round of layoffs by the database management company.
In addition, Salesforce reportedly laid off workers recently and has implemented a hiring freeze through January. Oracle and Salesforce join Intel and 8×8 as the latest channel businesses to cut workers.
In a Worker Adjustment and Retraining Notification (WARN) notice with the California Employment Development Department, Oracle said it cut 201 workers from its Redwood Shores campus in the San Francisco Bay Area.
Among the positions impacted by the Oracle layoffs are a vice president of alliances, app developers, app sales representatives, data scientists, marketing directors, software developers and more.
The workers learned their fate in August and were let go by the company last week. Oracle said it’s not closing the Redwood Shores campus. It anticipates these layoffs will be permanent.
Oracle isn’t commenting on the layoffs.
Oracle kicked off August by cutting jobs in marketing and its U.S. customer experience (CX) division. According to Bloomberg, some workers were told their positions had been eliminated. Junior sales employees as well as a division sales director were among those let go, according to one former worker.
Salesforce Layoffs
Also this month, Salesforce reportedly has laid off a number of workers and implemented a new hiring freeze through January 2023, according to Protocol. Its sources said it appeared to be at least 90 employees. In addition, it seemed to largely impact contract workers as opposed to full-time employees.
Keep up with our telecom-IT layoff tracker to see which companies are cutting jobs and the ensuing channel impact. |
Salesforce sent us the following statement: “While limited hiring continues, most departments have reached their hiring goals for the fiscal year. As a result, we have ended contracts with some temporary recruiting contractors.”
Salesforce wouldn’t comment further.
For the second quarter of its fiscal year 2023, Salesforce reported $7.72 billion in revenue, a 22% year-over-year increase.
Salesforce previously laid off workers in August 2020. The job cuts came five months after CEO Marc Benioff said the CRM giant would not “conduct any significant layoffs over the next 90 days.”
Want to contact the author directly about this story? Have ideas for a follow-up article? Email Edward Gately or connect with him on LinkedIn. |
Read more about:
VARs/SIsAbout the Author
You May Also Like