Oracle Lays Off Workers in US Customer Experience Division

    According to Bloomberg news, Oracle Corp. is cutting jobs in the marketing and US customer experience department. This indicates that the company is pulling back on advertising services and customer analytics.




    On Monday, a few workers were informed that the company had eliminated their positions, according to a few people aware of the matter. Amongst the ones that were laid off include the junior sales workers and the division sales director as well. This was informed by one of the former workers familiar with the case. There were rumors of pending cuts that were doing rounds in recent weeks. However, the management stated that the positions were not unsafe.

    The customer experience division offers analytics and advertising services, which have for long stayed behind compared to the growth in the rest of Austin, Texas-based firms. At an event last year, Douglas Kehring, the Executive Vice President, revealed that the division has been historically annoying compared to any other unit.

    The company has decided to organize the group comprising customer experience again and move on, as per a former senior sales engineering manager, whose position was eliminated, as revealed in a post on LinkedIn. In a separate post, yet another fired manager pointed out the restructuring for the reduction in jobs. Few of the marketing positions were cut as well, as per posts on LinkedIn by a former group vice president and senior manager.

    Bloomberg News reports that the reduction in jobs comes as Oracle diverts focus to health care to make its presence felt as it tries to make a place in the competitive market related to cloud technology. At the beginning of this year, Oracle completed a $28.3 billion purchase of Cerner Corp, a digital medical provider, to seek clients in an industry that is slow compared to adapt to cloud-based technology.

    However, Oracle was not available for comments. The extent to which job cuts will take place has not been ascertained yet. The shares dropped to less than 1%, closed at $77.44 in New York on Monday, and are down by 11% in the current year.



    RELATED ARTICLES

    When was Studio Ghibli founded

    When Was Studio Ghibli Founded: Japan’s Iconic Animation Legacy

    Studio Ghibli is a popular Japanese animation studio, known by many for its stunning movies,...
    US-Ukraine talks

    US-Ukraine Talks: Zelensky Seeks Meaningful Outcomes Amid War

    Ukrainian President Volodymyr Zelensky hopes the subsequent talks between Ukraine and the United States will...
    OTT platforms

    OTT Platforms: Reviving Local Languages, Culture, and Heritage in India

    OTT systems have revolutionized content material intake in India, presenting audiences with admission to numerous...
    mental health

    Mental Health Awareness In India: Breaking The Stigma In 2025

    One of the aspects of our overall well-being is mental health, and it should not...
    women safety in India

    Women Safety in India: Key policy changes and ongoing challenges

    For an extended period, Indian society has maintained women's safety as both domestic and international...
    New Education Policy 2024

    New Education Policy 2024: Learning is Being Transformed

    Education in India has long been dependent on traditional methodologies that emphasize rote learning and...
    How to Make Smart Decisions With Your Home’s Value

    How to Make Smart Decisions With Your Home’s Value

    Your home is more than just where you hang your hat—it’s a big piece of...
    The Important Aspects of Website Design in NY

    The Important Aspects of Website Design in NY

    Whether you have a website is no longer key in the business landscape. The priority...
    ftasiatrading ecommerce tips

    FTAsiaTrading Ecommerce Tips for Smart Buying and Selling

    FTAsiaTrading's e-commerce website is an interesting online platform designed to make transactions smooth for businesses....
    poorvika mobiles pun

    Poorvika Mobiles Pun: Explore the Full Store

    Poorvika Mobiles Pun is a well-known name in the Indian retail business for mobiles and...
    xrp price prediction

    XRP Price Prediction: Unveiling the Future of Ripple 2025 – 2030

    XRP price prediction stirs a whirlwind of speculation, leaving many investors wondering about its potential....