Tech giant Oracle Corporation has reportedly laid off around 12,000 employees in India, with another round of job cuts likely in the coming month, according to sources cited by Moneycontrol. Globally, the company is estimated to have reduced its workforce by nearly 30,000 positions.
Oracle has a workforce of about 30,000 employees in India, indicating that a substantial portion of its local staff has been affected. The company has not issued any official statement regarding the layoffs.
As per the report, an internal email sent to employees explained the restructuring, stating that certain roles were being made redundant as part of efforts to streamline operations. The communication read: “After careful consideration of Oracle’s current business needs, we have decided to eliminate your role as part of a broader organisational change. As a result, today is your last working day.”
The email also outlined the severance package, which includes 15 days’ pay for each completed year of service, one month’s unpaid salary up to the termination date, leave encashment, gratuity where applicable, and one month’s notice pay. Additionally, a two-month salary top-up has been offered. These benefits are applicable only to employees who opt for a voluntary and amicable separation.
Employees were asked to share personal email addresses to receive separation-related documents and informed that access to company systems, including computers, emails, and files, would be revoked shortly.
The development comes amid a wave of layoffs across the US tech sector. Companies like Meta Platforms have recently laid off hundreds of employees, while Amazon had earlier reduced around 16,000 corporate roles after previously cutting 14,000 positions.
Reactions to Oracle’s layoffs have surfaced online, particularly on platforms such as Reddit and Blind, where employees have indicated that the layoffs are being implemented in phases across different regions.
Former employee Merugu Sridhar, who was laid off in September after raising concerns about long working hours, said that employees in India, as well as Indian staff based in the US, have been impacted, partly due to stricter labour regulations overseas.
The layoffs come as Oracle increases investment in data centre infrastructure to support artificial intelligence workloads, while continuing to focus on its core database business. In September, the company reported a 359 per cent surge in remaining performance obligations to $455 billion following a major deal with OpenAI valued at over $300 billion. Recently, Oracle also expanded its leadership team, with Mike Sicilia and Clay Magouyrk taking on new roles alongside CEO Safra Catz.
