tech
April 2, 2026
US Tech Giant Oracle Lays Off 12,000 Employees in India
US software giant Oracle has reportedly laid off around 12,000 employees in India as part of a global restructuring that has seen about 30,000 jobs cut worldwide.
TL;DR
- Oracle has reportedly laid off around 30,000 people worldwide.
- Approximately 30,000 Oracle employees in India were affected by the layoffs.
- Affected employees were informed via email about organizational changes and redundant positions.
- Severance packages in India include 15 days' salary per year of service, leave encashment, gratuity, and a one-month notice period pay, plus a two-month salary top-up.
- The layoffs coincide with Oracle's increased capital expenditure on AI data center infrastructure.
- Industry reports predict significant automation impact on IT services and call centers in India by 2031.
- A report suggests India's IT services industry could slow down by 2028 due to clients shifting to AI coding agents.
- Other major tech companies like TCS, Amazon, and Microsoft have also conducted significant layoffs globally and in India recently.
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