Oracle poised to axe over 1,000 European jobs - reports

Five months after announcing it would hire 2,000, the vendor is reported to be cutting u to 1,300 roles

Oracle is reported to be cutting up 1,300 jobs in Europe.

According to the Irish Times, staff were called to a meeting on Wednesday in which they were told that the vendor is undergoing a European operational restructure.

Sales, business development and solutions engineering are said to be the three segments that will be cut from Oracle's business, across European sites in Dublin, Amsterdam and Malaga.

However, staff were allegedly encouraged to reapply for other roles within the business that will not be affected by the restructuring.

Oracle has a global headcount of 136,000.

In October the vendor announced that its push to recruit an additional 2,000 staff was an effort to bolster its cloud computing services.

However, since then, Oracle's Q2 saw the vendor's cloud and on-premise licence business slide seven per cent to €1.01bn.

It's not the first time the vendor has hit the headlines for mass job cuts.

The last Oracle cull was in June 2019, which hit 300 staff in Seattle, and a reported 900 staff in a research and development centre in China.

Three months earlier, 255 people were cut from its Redwood City headquarters and 95 in San Jose.