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Oracle Lays Off 12,000 Employees In India, Another Round Likely: Report

US-based IT firm Oracle is believed to have laid off approximately 12,000 staff in India, with another round of layoffs expected within a month, impacted employees said on Tuesday. Globally, the company has fired around 30,000 employees. "In India, around 12,000 employees have been laid off. The company is planning another mass layoff within a month," said two people impacted by the retrenchment, including one from the company's human resource department. The company has approximately 30,000 employees in India, including those affected by the layoffs. Oracle declined to comment on the development. Oracle, in an email sent to staff, said the employees were informed about certain organisational changes and "because of these changes, a decision has been taken to streamline the operations, and as a result, unfortunately, the position you currently hold will become redundant". The company has offered 15 days' salary to each employee who has completed a year...

The Man Trump Wishes He Were


By BY DAVID BROOKS from NYT Opinion https://ift.tt/2HwhVuK

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"Khala Ka Ghar Nahi...": Akhtar On India Having It Easy In Asia Cup Final

Former Pakistan pacer Shoaib Akhtar has warned Team India ahead of the Asia Cup final against Sri Lanka. The Rohit Sharma -led side received a timely wake up call following its loss to Bangladesh in the final Super 4 fixture on Friday. While India had rested several key players for the game, including star batter Virat Kohli , Akhtar suggested that it was a embarrassing defeat. Sri Lanka defeated tournament favourties Pakistan to reach the final, and Akhtar feels that winning the final won't be a cakewalk for India. "We were not expecting that India would lose to a team like Bangladesh but they did. It was an embarrassing defeat. Pakistan lost to Sri Lanka. They are out of the Asia Cup, which is an even bigger embarrassment. India are still in the final. All is not lost for them. It was a great wakeup call for them to come back harder and make sure they secure victory in the finals but that will only happen if they play really well. Ye khala ji ka ghar nahi hai jaha pe India...