The psychology of those left behind in a layoff

The layoffs come right after Oracle closed a profitable quarter with a $6 billion bottom line [File] | Photo Credit: REUTERS On the morning of March 31, Oracle eliminated up to 30,000 jobs — roughly 18% of its global workforce — in a single automated email without no prior conversation with HR or warning from line managers. Access to company systems was revoked the same day. In India, about 12,000 employees were let go.The layoffs come right after Oracle closed a profitable quarter with a $6 billion bottom line — revenue of $17.2 billion, up 22% year-on-year. Beyond earnings, the company’s future looks secure with contracted future revenue at $553 billion, up 325%, almost entirely driven by AI deals. Published - April 11, 2026 08:05 am IST