Tag: IT sector news

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12,000 Jobs Lost in India as Oracle Cuts Workforce

US tech giant slashes 30,000 jobs globally, with India facing a major share and more layoffs expected April 1, 2026: Oracle has reportedly laid off...

Wall Street Bleeds: Trump’s Tariff Tsunami Triggers Major Selloff in US and Indian IT Stocks

US indices plunge as S&P 500 drops 3.3%, Nasdaq tanks 4.5%, while Indian IT giants like Persistent, Coforge, TCS and Infosys see sharp declines...