Oracle Layoffs in 2017 Devastate Hardware Unit as Company Refocuses on Cloud Computing Oracle Corporation (NYSE:ORCL) has struggled mightily throughout 2017 to adjust its hardware business to the industry realities. The Oracle layoffs in 2017 have numbered in the thousands, with many employees being let go from the units assigned to the “Solaris” operating system and (more…)
Cloud and Automation Drive Massive Tech Layoffs Numbering Around 8,000 in 2017 Despite what has been considered overall a strong year for the tech industry, workers are not benefiting from those stock market gains. Thousands of jobs are being culled as the IT layoffs in the United States in 2017 are going to exceed 8,000. (more…)
Oracle Laid Off Hundreds at its Solaris Unit The famous software company Oracle Corporation may be permanently killing its operating system, “Solaris,” which powers its servers. According to various comments posted on the online forum TheLayoff.com, Oracle laid off most of the Solaris unit employees on the Friday before Labor Day.
SolarCity Sheds Employees as It Continues Consolidation with Tesla Tesla Inc-owned solar-energy company SolarCity Corp informed the State of California this week that the company is shedding 141 employees from its Roseville location. Included in the layoffs is SolarCity’s vice-president of regional sales.
Amazon’s Whole Foods Acquisition Finds First Victim in Grocery Retail Within days after writing that Amazon.com, Inc. could kill more retail jobs with its Whole Foods Market, Inc. acquisition, we have received our first confirmation. A half-century-old grocery chain in Wisconsin is about to bite the dust, leaving more than 1,000 retail workers without jobs.
Capital One Cuts 400 Call Center Jobs in Rolling Meadows Retail and manufacturing may not be the only sectors suffering at the hands of technology, particularly automation. The financial sector is likewise undergoing an evolutionary phase as digital technology takes over human jobs. Take the example of the famous credit card company, Capital One Financial (more…)
Sabre Corporation to Cut 900 Jobs Sabre Corp (NASDAQ:SABR), a travel technology company that provides software solutions for flight and hotel bookings, has announced that it will be slashing 900 jobs as part of its cost-cutting efforts. Some of these job cuts include unfilled positions, but the majority will result in layoffs.
Insurance software provider Vertafore, Inc. has laid off 121 employees in Bothell, Washington, as it moves its headquarters to Denver.
A manufacturer of supercomputers, Cray Inc., has announced 190 layoffs across the company in order to meet its existing cost structure.
Tech giant Microsoft Corporation is closing its manufacturing facility in Wilsonville, Oregon, as part of its effort to reorganize its global business.