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Home News Workforce

Layoffs Comes To Oracle’s Customer Experience Department

Oracle employees from various hierarchies were told that their jobs within its customer experience unit had been cut.

Aayat AlibyAayat Ali
August 4, 2022
in Workforce
Reading Time: 1 min read
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Layoffs Comes To Oracle’s Customer Experience Department

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Software company Oracle has revealed that it will be slashing jobs across its marketing and customer experience divisions. 

This week, employees from various hierarchies were told that their jobs had been cut. This included junior sales employees, a division sales director, and more from its customer experience unit. 

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As a result of disappointing figures, Oracle restructured the unit in an effort to move past these efforts and find areas where jobs could be eliminated. 

This news comes after Oracle began pivoting towards the healthcare industry to expand its audience. Just this year, the company purchased digital medical record company Cerner Corp. for $28.3 billion. 

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Oracle is one of many tech companies that are turning to layoffs in order to address falling stocks and discouraging earnings amidst the ongoing economic uncertainty. 

Source: Bloomberg
Tags: BusinessTechnologyWorkforce
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Aayat Ali

Aayat Ali

Aayat is an editor for the Daily Digest based in Lexington, Kentucky. She has worked with local coworking spaces since August of 2017 and enjoys taking her firsthand knowledge to write about the fascinating, constantly evolving world of flexible workspaces.

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