India, Aug. 22 -- Oracle recently laid off a significant number of its employees in India, joining a list of global tech companies restructuring their workforces. While the company officially described the move as a "restructuring," industry observers connect the job cuts to the growing influence of artificial intelligence (AI) and automation.

The layoffs, which reportedly affected nearly 10% of Oracle's India workforce, primarily targeted roles in software development, cloud services, and customer support. These departments are central to the company's operations in India, a country that has long served as a key talent hub for it.

Arun Prakash M, Founder and CEO of HCL GUVI, says the layoffs are a clear signal, "The layoffs announced b...