Oracle cuts hundreds more Bay Area jobs in latest round of layoffs ...Middle East

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(KRON) -- As the tech layoffs keep rolling in, Oracle announced plans to cut hundreds of jobs across its Bay Area footprint. The tech giant, which was formerly maintained its headquarters in the Bay Area, will be cutting 254 jobs locally, according to a Worker Adjustment and Retraining Notification (WARN) filed with the Employment Development Department.

Of the jobs cut locally, 36 will be at Oracle's Pleasanton office on Owens Drive and 31 will be at its Leonard Stocking Drive facility in Santa Clara. The majority of the job cuts -- 187 -- would be at its former headquarters at 500 Oracle Parkway in Redwood City.

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All of the layoffs are permanent, according to the WARN notice. The job cuts are in the Professional Scientific and Technical Services sector which encompasses the tech industry.

News of Oracle's latest layoffs comes the same day it was reported that Salesforce would also be cutting hundreds more Bay Area jobs after its CEO, Marc Benioff, boasted about artificial intelligence allowing him to "rebalance" his headcount by cutting 4,000 jobs.

The Oracle job cuts are set to take effect on Nov. 3.

Oracle was originally headquartered in Santa Clara before relocating to Redwood Shores. During the pandemic, the tech giant pulled up stakes and moved its headquarters to Austin, Texas. Last year, the company pulled up stakes again when its CEO, Larry Ellison, announced the company would be moving its HQ to Nashville, Tennessee.

According to a report in Fast Company, the Bay Area layoffs are part of a broader wave of job cuts in multiple states including Kansas, Massachusetts, Texas, and Washington State. The Bay Area layoffs follow a similar round of job cuts just last month, then Oracle cut 289 local jobs amid what is reported to be a shift toward artificial intelligence.

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