Technology

⚡Layoffs: Oracle Retracts Job Offers at IITs Amid Global AI Pivot

By Team Latestly

Oracle has reportedly revoked over 50 job and internship offers at top Indian institutes, including IITs and NITs. The move follows a global restructuring that has impacted up to 30,000 employees as the firm pivots towards AI infrastructure. Students cite internal headcount challenges as Oracle reallocates resources to support its multi-billion-dollar OpenAI partnership.

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