Ravello / Israel - small cuts:
US tech giant Oracle is laying off dozens of Ravello employees in Israel, sources have told "Globes." Ravello's development center in Israel has 70-80 employees, more than half of whom have been summoned to pre-layoff hearings next week. Oracle acquired Ravello in 2016 for $500 million and added it to its public cloud division.
Source: https://en.globes.co.il/en/article-oracle-to-lay-off-over-half-ravello-employees-in-israel-1001290055