Giant companies are getting hit after hit. It has already affected thousands of people. Tesla Chairman, Twitter boss Elon Musk has started the process of laying off employees first. After that, Google, Microsoft, Facebook, Amazon, and other giant companies have been layoffs employees.
On the other hand, key changes in technology are eliminating jobbers. Recently another tech giant Oracle gave an irreparable shock. More than 3,000 thousand people were removed simultaneously. Due to this, the employees are getting worried. They are worried because they don’t know what is going to happen.
So far the companies have removed 3 lakh employees. Cerner, the electronic healthcare records company that cloud major Oracle bought for $28.4 million, has laid off a large number of employees. They are angry about being sent out without any prior information.
More than 23 thousand people are working in the Oracle subsidiary till now. Employees were laid off mainly in marketing, engineering, accounting, legal, product, and other departments.