New Delhi: US-based tech giant Oracle Corporation is believed to have laid off around 12,000 employees in India, with impacted workers claiming that another round of job cuts may follow within a month.
Sources among affected employees said the layoffs are part of a broader global restructuring exercise, with nearly 30,000 employees reportedly impacted worldwide. In India, the company is estimated to have a workforce of around 30,000, including those affected by the current downsizing.
According to employees, the company communicated the decision through internal emails, citing organisational changes and the need to streamline operations. “Due to these changes, the position you currently hold will become redundant,” the message stated.
While the company has not officially commented on the development, employees said those impacted have been offered a severance package. This includes 15 days’ salary for each completed year of service, leave encashment, gratuity based on eligibility, and payment for a one-month notice period. Additionally, a two-month salary top-up has reportedly been offered.
However, the severance benefits are said to be conditional, applicable only to employees who opt for voluntary and amicable resignation.
Some former employees also raised concerns about workplace conditions. One ex-employee claimed he was laid off earlier after protesting against extended working hours, alleging that long shifts were being enforced.
Employees further suggested that layoffs have also affected Indian staff working in the United States, citing stricter labour regulations that influence workforce decisions in different regions.
The reported job cuts come amid a broader trend of restructuring across the global technology sector, as companies look to optimise costs and realign business priorities in a changing economic environment.
