Oracle Manager Laid Off After 16 Years in Bengaluru

A Bengaluru-based Oracle manager describes the abrupt layoff after a 16-year career as a 'strange transition.' Reports indicate Oracle has cut around 12,000 jobs in India, with more layoffs anticipated soon.

Rupee Rebounds 151 Paise After RBI Caps Banks' Forex Positions

The Indian rupee surged 151 paise to 93.19 against the US dollar in early trading on Thursday, following an RBI circular that caps banks' net open positions at $100 million. The recovery comes after the currency hit a record low of 94.84 last week.

Oracle's Biggest Layoffs: Thousands of Jobs Cut Worldwide

Oracle has initiated its largest-ever layoffs, terminating thousands of employees worldwide. The company sent emails on March 31, instructing staff to provide personal email addresses for exit communications and revoking access to systems immediately.

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