Oracle Axes U.S. Staff, Part of Plan to Lay Off Thousands

Oracle has begun to lay off employees in the U.S., a move that will impact some staff in the San Francisco Bay Area, where the company was previously headquartered, said a person with direct knowledge of the matter.

The database pioneer planned thousands of job cuts for its global workforce of 160,000 after discussing cutting $1 billion in expenses, The Information reported in July. The number of affected staff couldn’t be learned, but layoffs of employees in Canada, India and parts of Europe are expected in the coming weeks and months, this person said.