Brief By Moneycontrol / 1:57 PM on 02 Apr 2026
Oracle has placed terminated employees on a two-month “garden leave,” restricting system access, according to a report. The layoffs reportedly include M4 and M5 level staff, equivalent to directors and senior directors. Sources suggest the move reflects broader cost-cutting measures, with companies extending layoffs beyond entry-level roles amid tightening budgets and operational restructuring pressures.