Oracle layoffs: 12,000 employees in India among 30,000 laid off, more job cuts expected soon

E-PaperSubscribeSubscribeEnjoy unlimited accessSubscribe Now! Get features like Around 12,000 employees in India are reportedly part of the 30,000 laid off by Oracle, a US-based tech giant, with another round of job cuts expected within a month. An exterior view of the Oracle Field Office at Wilson Boulevard in Arlington, Virginia, US (REUTERS)Oracle, American multinational technology company headquartered in Austin, has reportedly fired around 30,000 employees globally. "In India, around 12,000 employees have been laid off. The company is planning another mass layoff within a month," PTI news agency quoted as saying two people impacted by the retrenchment, including one from the company's human resource department. Oracle's sweeping layoffs has reportedly cut around 30,000 jobs. In an email, the employees were informed about certain organisational changes and "because of these changes, a decision has been taken to streamline the operations, and as a result, unfortunately, the position you currently hold will become redundant", PTI reported. Oracle company has approximately 30,000 employees in India, including those affected by the layoffs and had about 1,62,000 full-time employees globally as of May 2025, according to reports. Oracle declined to comment on the development. The company has reportedly offered 15 days' salary to each employee who has completed a year of service in India, in addition to one month of unpaid wages till termination date, leave encashment, gratuity based on eligibility and pay for a one-month notice period. Oracle has also offered a two-month salary as a top-up. However, only those who voluntarily and amicably resign from the company are reportedly eligible for severance package. An ex-employee of Oracle, Merugu Sridhar, said that he was laid off in September for protesting against the 16-hour work shift that the company has in India. "I contacted my friends and those who are in human resources. They shared that most of the Indians working in the US with the company have been impacted because the local laws there are very strict when it comes to the retrenchment of their citizens," PTI quoted Sridhar as saying. Follow the latest breaking news and developments from India and around the world with Hindustan Times' newsdesk. From politics and policies to the economy and the environment, from local issues to national events and global affairs, we've got you covered.Read More