EMCC European Monitoring Centre on Change

Oracle

Company/Organisation:
Oracle

Geographic Location

Country: European Union
Location of affected unit(s): Ireland, Netherlands, Spain

Company

Sector: Information / communication
IT and other information services
62.0 - Computer programming, consultancy and related activities

Employment Effects

Announcement Date: 04-03-2020
Planned Job Reductions min: 1300
Planned Job Reductions max: 1300
Type of Restructuring: Internal restructuring
Employment Effect Start: 15-04-2020
Foreseen End Date: 31-12-2020

Additional Information

The IT company Oracle, the world’s largest provider of enterprise software, has announced to cut about 1,300 positions across EU by 2020. Dublin (Ireland), where 1,400 are working for Oracle, Amsterdam (Netherlands) and Malaga (Spain) are the main cities likely to be affected by the job cuts. The job cuts affect employees working across sales, business development and solutions engineering. In Dublin, the management invited all staff to a meeting on March 4 in the afternoon, at which they were told the news.

In recent years Oracle has expanded its business, in a move that has led it to become a leading cloud computing firm. A previous worldwide reorganization was recorded in 2011 with 1,700 recruitments.

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