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Oracle has told the Government that it plans to axe some 150 Irish jobs, around 15 per cent of its workforce in the Republic.
Oracle plans to cut 150 jobs in Ireland, about 15% of its Irish workforce.
KEY POINTS
- These redundancies are mostly engineering and technical roles, with some sales and finance staff affected.
- Oracle's job cuts relate to AI-driven restructuring, targeting roles deemed redundant by automation.
- Oracle EMEA Ltd's pre-tax profits in Ireland rose almost 80% to €864.3 million last year.
- Oracle paid dividends of €1.1 billion to its parent, triple the previous year's amount.
COMPANIES
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