Taken from: https://www.bizjournals.com/sanjose/news/2019/05/28/oracle-cloud-layoffs-orcl-amzn-msft.html since it is a paywall of some sort.
Oracle Corp. has spent months quietly cutting jobs across the U.S., with some employees worrying that as much as 10 percent of the company’s 138,000 employees could be out of a job by the time the cuts are complete, Business Insider reports, citing unnamed sources.
In March, Oracle filed paperwork with the state of California saying it planned to cut 255 people at its headquarters in Redwood City and 95 people in San Jose.
But the company also reportedly cut hundreds of jobs in Seattle, and earlier this month, cut about 900 jobs from a research and development center in China.
The job cuts in Silicon Valley and Seattle came amid infighting between two competing cloud computing groups inside the company, Business Insider reports.
Many of the engineers who lost their jobs in Silicon Valley reportedly worked on the company’s older cloud product, known internally as Oracle Cloud Infrastructure Classic. At the time, the company said the cuts were designed to “balance” the team.
But several hundred engineers were also cut from Oracle’s next-generation cloud team in Seattle, Business Insider reports, suggesting that the company could be rethinking its overall cloud strategy. In Washington state, corporations are only required to report mass layoffs when they affect 500 people or more. The threshold is 10 times lower in California.
The two teams reportedly competed internally for resources, and didn’t share space inside data centers, employees told Business Insider.
Meanwhile, Amazon Web Services has been aggressively courting Oracle’s cloud customers. Amazon.com had previously been an Oracle cloud database customer itself, before building its own homegrown database software.
Despite the fresh layoffs, Oracle has reportedly hired new engineers from Amazon Web Services and Microsoft Corp., and offered them hefty salaries.