American IT giant Oracle has conducted mass layoffs in India. The company has laid off about 12,000 employees. According to the affected employees, the company is planning to conduct another big round of layoffs within the next one month. Globally, Oracle has so far laid off about 30,000 employees. The company had a total of about 30,000 employees in India, including those recently laid off. Oracle notified employees via email that your position is being eliminated due to organizational changes. This decision has been taken to make operations more efficient.
What’s in a layoff package?
The company has announced the following compensation for the affected employees:
- 15 days salary to employees who have completed one year or more service
- One month salary (unpaid) till expiry date
- Leave Encashment and Gratuity
- One month notice period salary
- Additionally, employees who resign voluntarily will be given an additional top-up salary of two months.
Most of the Indian employees working in America are also affected.
Merugu Sridhar, a former employee, said he was fired in September for protesting 16-hour shifts. He said that I talked to my friends and those working in the HR department. He said that most of the Indian employees working in America have also been affected because the legal system there is very strict regarding layoff of local employees. Oracle has not yet made any official comment on this entire matter. This layoff is believed to be part of the ongoing global cost cutting campaign in the IT sector.
Layoffs continue this year
Retrenchment in IT companies continues this year. Due to AI i.e. Artificial Intelligence, companies are restructuring the workforce, due to which thousands of jobs are being lost. According to a figure, more than 40,000 to 60,000 jobs have been lost in the global tech sector in the first 3 months (January-March) of 2026.