About 200 Oracle employees are out of a job, according to a notice from Oracle to the California Employment Development Department.
All employees worked at the former headquarters in Redwood City, now based in Austin, Texas. Jeff Bellisario, Bay Area Council Economic Institute executive director, said he was not surprised by the news.
Recently, Google and Facebook’s parent company, Meta, put a freeze on hiring. Tesla laid off more than 200 people during the summer months.
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