Daijiworld Media Network - New Delhi

New Delhi, Apr 1: Oracle, the US-based technology giant headquartered in Austin, has reportedly carried out massive layoffs affecting around 30,000 employees worldwide, with over 12,000 of those in India. Reports indicate that another round of job cuts could occur within the next month.

According to sources quoted by PTI, affected employees in India received emails explaining that “due to organisational changes, certain positions will become redundant,” as the company moves to streamline operations.

Oracle currently employs roughly 30,000 people in India and had about 1,62,000 full-time employees globally as of May 2025. The company has reportedly offered affected Indian employees a compensation package, including:

• 15 days’ salary for each year of completed service
• One month of unpaid wages until the termination date
• Leave encashment and gratuity, as applicable
• Pay for a one-month notice period
• A two-month salary top-up

However, the severance package appears to be available only to employees who resign voluntarily and amicably.

An ex-employee, Merugu Sridhar, shared that he was laid off in September after protesting against the company’s 16-hour work shifts in India. He also noted that Indian employees working in the US were significantly impacted due to strict local retrenchment laws.

This development marks one of the largest layoffs in India’s IT sector in recent years, highlighting ongoing restructuring within global tech companies.