Oracle has laid off approximately 10% of its Indian workforce as part of a restructuring strategy, citing a need for funds to support a $500 billion investment in AI infrastructure. The company, which employs around 28,824 people in India, has also announced cuts affecting OCI teams in the US and Canada, with fears of broader layoffs across global operations. The cuts follow a significant deal with OpenAI, raising concerns about the impact on Oracle's talent pool and market position.