Oracle layoffs: Employees across sales, HR, engineering, developer roles received an email from leadership at 6am (in all time zones) on Wednesday.

MyDigital Corporation will collaborate with Oracle to train 300,000 Malaysians in artificial intelligence (AI) to enhance employability and support

Oracle's layoffs affect more than 230 software developers and an additional 48 software development employees in Washington and include workers in senior director and vice president roles.

Oracle has laid off 30,000 employees worldwide, including 12,000 in India, as it pivots to AI and cloud infrastructure. Severance details and leadership impact covered.

Shares of Oracle rose by 2.5% as of noon Tuesday, marking positive traction for the stock that has declined more than 27% this year. An Oracle spokesperson declined to comment on the layoffs to Forbes.

Oracle's restructuring is said to be tied to rising costs for building AI data centers and expanding cloud infrastructure.

Oracle stock rose 6% as the cloud-computing and database company began to reduce its work force. The cuts come as Oracle builds out costly data centers for artificial-intelligence development. The full scope of the layoffs isn’t clear,

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