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When asked for comment, Oracle provided only the following prepared statement: As our cloud business grows, we will continually balance our resources and restructure our

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When asked for comment, Oracle provided only the following prepared statement: "As our cloud business grows, we will continually balance our resources and restructure our development group to help ensure we have the right people delivering the best cloud products to our customers around the world." Extract from The Mercury News (28 March 2019) Oracle Layoffs in Redwood City, Santa Clara are part of what appears to be a bigger reduction worldwide. Oracle has slashed hundreds of jobs in Silicon Valley as part of what is reported to be a much bigger workforce reduction. The tech giant cut 255 workers in Redwood City and 97 in Santa Clara on Friday, according to its filings with the state Employment Development Department. The layoffs are effective May 21. Seventy of the 97 jobs cut in Santa Clara were software developers, the company's filing shows. In Redwood City the company laid off $8 software developers, more than 30 managers and directors in software development, plus others in jobs ranging from marketing to project management

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