Oracle layoffs: 10,000+ India jobs at risk amid AI push
Oracle has begun a major round of layoffs in India, with an estimated 10,000–12,000 jobs at risk, as part of a broader global restructuring that could impact around 30,000 employees. The process has been abrupt, with many workers receiving early morning emails and suddenly losing access to VPN and Slack, leaving them shocked and unsettled. The cuts are largely linked to Oracle’s aggressive push into AI infrastructure, which is increasing costs and forcing the company to streamline operations. Layoffs have been reported across key divisions, including Oracle Cloud Infrastructure and NetSuite’s India development centre.
2026-04-02 09:41Sensex tumbles 1,400+ pts as global tensions spark market sell-off
Indian equity markets opened sharply lower on Thursday as escalating geopolitical tensions after US President Donald Trump signalled a continued war in Iran weighed on investor sentiment. The BSE Sensex dropped 1,411 points (1.92%) to 71,716.82, while the Nifty 50 fell 445 points (1.98%) to 22,210.67 in early trade. The sell-off was broad-based, with losses seen across sectors and market caps, reflecting a clear risk-off mood rather than stock-specific weakness.
2026-04-02 09:41Horoscope today
The horoscope for April 2 suggests a day of caution mixed with emerging opportunities. Aries may face health and workplace challenges but see business gains, while Taurus could begin new plans and relationships despite rising expenses. Gemini may find progress in work but face financial strain due to family health concerns, whereas Cancer may see job opportunities and support in resolving family issues. Leo may deal with relationship tensions and obstacles, while Virgo may experience steady income but rising stress. Libra and Scorpio may benefit in business and relationships, though health and conflicts may arise. Sagittarius may see income growth but must watch their words and health, Capricorn may face financial pressure despite gains, Aquarius may encounter delays and health concerns alongside new job prospects, and Pisces may deal with stress but find success through careful decisions and business opportunities.