On March 31, more than 700 employees\u00a0across California were laid off, according to WARN documents filed with the Employment Development Department on April 1.\u00a0<\/p>\n
The company laid off 50 employees at its Santa Monica office and over 180 at its Santa Clara office. SFGATE previously reported on the\u00a0more than 150 layoffs<\/a> at the Pleasanton office last week. The company also laid off around 300 employees at its Redwood City location. The office, located at 500 Oracle Parkway, was\u00a0the company\u2019s headquarters<\/a> before it moved to Austin in 2020. The company began construction for another move to Nashville<\/a> in 2026.<\/p>\n The state generally mandates the documents in the event of mass layoffs.<\/p>\n Per the WARN documents, Oracle notified all employees that they would be laid off by March 31, 2026, and that they would be separated from their positions by June 1, 2026. The California employees were among 30,000 Oracle employees<\/a> across the United States, India, Canada, Mexico and Uruguay who lost their jobs last week, according to Forbes.<\/p>\n \u201cWe are sharing some difficult news regarding your position,\u201d the email that the outlet obtained read. \u201cAfter careful consideration of Oracle\u2019s current business needs, we have made the decision to eliminate your role as part of a broader organizational change. As a result, today is your last working day.\u201d<\/p>\n Former Oracle employee Sudhindra Arsikere said on LinkedIn<\/a> that the company sent the email out at 6 a.m. local time and immediately revoked his access.<\/p>\n \u201cOne email. All Accesses revoked before I finished reading it,\u201d Arsikere, a program manager based in India, said. \u201cYears of performance reviews. Years of KT sessions. Appraisal discussion. Late nights owning outcomes nobody else wanted. Gone in a paragraph written by someone who know my name only from HR Database.\u201d<\/p>\n An Oracle spokesperson declined to comment on the layoffs.<\/p>\n The layoffs were broad, affecting all job types. Software developers, product and strategy managers, user experience developers, QA analysts, sales representatives and technical analysts were just some of the staff members who were let go.<\/p>\n The Worker Adjustment and Retraining Notification Act, which applies to mass layoffs, requires employers to give 60 days\u2019 notice before terminating employment, but companies tend to let employees go immediately while paying them through the notice period.\u00a0<\/p>\n For the quarter ending Feb. 28<\/a>, the company reported a total revenue<\/a> of $17.2 billion, or a 22% increase from the same period a year earlier. Recent regulatory filings<\/a> also show that Oracle has hired\u00a0Hilary Maxson as the company\u2019s new chief financial officer, with a base salary of $950,000 and eligibility for an annual performance-based bonus of $2.5 million.\u00a0<\/p>\n","protected":false},"excerpt":{"rendered":"On March 31, more than 700 employees\u00a0across California were laid off, according to WARN documents filed with the…\n","protected":false},"author":2,"featured_media":256680,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[6],"tags":[7,9,8,1692,1976],"class_list":{"0":"post-256679","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-california","8":"tag-california","9":"tag-california-headlines","10":"tag-california-news","11":"tag-sfgnews","12":"tag-sfgtech"},"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/us-ca\/wp-json\/wp\/v2\/posts\/256679","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/us-ca\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/us-ca\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-ca\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-ca\/wp-json\/wp\/v2\/comments?post=256679"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/us-ca\/wp-json\/wp\/v2\/posts\/256679\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-ca\/wp-json\/wp\/v2\/media\/256680"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/us-ca\/wp-json\/wp\/v2\/media?parent=256679"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-ca\/wp-json\/wp\/v2\/categories?post=256679"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-ca\/wp-json\/wp\/v2\/tags?post=256679"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}