U.S. database and cloud computing company Oracle is planning to lay off more than 900 people from its China operations, local media reported, citing an internal announcement Tuesday morning.
Oracle did not deny or confirm the reports, but said in a statement to CNBC that: "As our cloud business grows, we will continually balance our resources and restructure our development group to help ensure we deliver the best cloud services to our
customers in China."Oracle's Asia Pacific human resources head as saying the departures are the result of company-wide restructuring, which will be global. The news site added that workers in cloud computing were among the first batch of layoffs in China.Related Tags
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