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At least 200 jobs could be cut at tech firm Oracle's Irish operation

At least 200 jobs could be lost at US technology company Oracle's operation in Dublin, staff have...
Newstalk
Newstalk

16.31 4 Mar 2020


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At least 200 jobs could be cut...

At least 200 jobs could be cut at tech firm Oracle's Irish operation

Newstalk
Newstalk

16.31 4 Mar 2020


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At least 200 jobs could be lost at US technology company Oracle's operation in Dublin, staff have been told.

Management informed staff that some staff employed in Dublin are among those set to be impacted by a wider restructuring effort.

Around 1,200 jobs in the firm's EMEA operation are expected to be cut as part of the restructuring, with a number of the firm's departments set for a 'severe reduction' in headcount.

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The final number of job losses in Dublin has not been determined, but it is believed to be at least 200.

In a statement to Newstalk, Oracle said: “As our cloud business grows, we will continually balance our resources and restructure our teams to help ensure we have the right people delivering the best cloud products to our customers around the world.”

Oracle currently employs 1,500 people at its offices in Eastpoint.

The firm develops database technology and cloud computing systems.

Main image: File photo of Oracle logo. Picture by: Jaap Arriens/SIPA USA/PA Images

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