Oracle’s Layoffs in 2022

Insights for IT Negotiations

Oracle laid off part of its U.S. staff earlier this week as part of its plan to layoff thousands in the U.S., Canada, India, and Europe. These layoffs were primarily concentrated in marketing and the customer experience (CX) department. Oracle’s CX solutions include CRM products which compete with Salesforce, the leader in this space. Oracle Practice Leader, Jeff Lazarto, discusses what this may mean for this department moving forward. He also shares why he expects to see more layoffs tied to the massive, $28B acquisition of Cerner which was closed in June of this year. These layoffs come after talk of Oracle planning to announce an increase in support fees which would go into effect after December 1st, 2022. Host: Jeff Lazarto: https://bit.ly/37eCXdN Oracle Commercial Advisory Services: https://bit.ly/3jdtF7p