Oracle lays off developers in Commercial Cloud vertical: Report

Oracle, according to a report by The Registrar, has laid off several developers in its Commercial Cloud service as market share in that vertical continues to fall. As Oracle moved to modern Cloud-based offerings, its Commerce Cloud platform, after acquiring e-comm tech specialist ATG in 2010, has not seen growth in e-comm market. Its Commercial Cloud customers are still in double digits. Oracle spokesperson said, “the company could not comment on job losses”.

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