US tech giant fires 12,000 employees in India – media

 Oracle has reportedly laid off around 30,000 people worldwide

US tech giant Oracle has laid off 12,000 employees in India, the PTI news agency has reported. Globally, the company has cut around 30,000 employees, according to media reports.

Oracle employs about 30,000 people in India, including those affected by the present round of layoffs.

The impacted workers told the Moneycontrol website that another round of job cuts is likely within a month.