Oracle Lays Off 900 Employees in China in Plan to Shut R&D Centers

Oracle Lays Off 900 Employees in China in Plan to Shut R&D Centers
The Oracle logo is displayed on the exterior of the Oracle headquarters in Redwood Shores, Calif., on April 20, 2009. Justin Sullivan/Getty Images
Nicole Hao
Updated:
Oracle, the world’s largest database software and technology company, has begun laying off about 900 employees at its research and development (R&D) centers in China, according to a recently leaked internal company memo.
The layoffs is the latest bout of bad news amid China’s economic downturn, after former employees at some of China’s biggest tech companies complained of widespread layoffs earlier this year.
Nicole Hao
Nicole Hao
Author
Nicole Hao is a Washington-based reporter focused on China-related topics. Before joining the Epoch Media Group in July 2009, she worked as a global product manager for a railway business in Paris, France.
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