Oracle Layoffs Coming Up 2024. The cloud unit has largely been insulated from layoffs this year. Bronfman submitted a bid monday to acquire the redstone family holding company, national amusements inc., which controls the media conglomerate that owns cbs, mtv, comedy.

Job cuts affecting employees in the bay area have started, according to the information, which also. Oracle laid off as many as 200 employees in its cloud unit on tuesday, two sources tell insider.