Oracle has cancelled several campus placement and pre-placement offers at India’s engineering institutes, including IITs and NITs. The move comes shortly after the company laid off around 30,000 employees globally in April, according to reports.&nbsp;Sources said affected students were informed earlier this week that their job offers had been withdrawn. The decision has created uncertainty for many freshers who had already secured positions through campus placements.&nbsp;<h2>Students affected across top institutes</h2>The impact has been reported across several institutions, including NIT Warangal, VNIT Nagpur, IIT Roorkee, IIT Hyderabad and IIT (BHU) Varanasi.Many of the affected students had received pre-placement offers (PPOs) after internships with the company. These offers are usually considered final and often prevent students from participating in further placement rounds.Students said they were informed about the cancellations through placement cells, leaving limited time to explore alternative job opportunities.&nbsp;&nbsp;<h2>‘One student, one job’ policy adds pressure</h2>Most top engineering institutes follow a “one student, one job” rule, which means once a student accepts an offer, they are not allowed to sit for other placement drives.Because of this policy, many students who accepted Oracle’s offer did not apply for other companies during campus recruitment.With the offers now revoked, these students are facing difficulty in securing new opportunities as most placement cycles have already ended.&nbsp;<h2>Reason behind offer cancellations</h2>According to sources, the cancellations are linked to internal restructuring within Oracle.The company had hired freshers for roles such as application development and server technology teams. However, one of its business units, related to health and application infrastructure, has reportedly been shut down.This closure is said to have led to the withdrawal of job offers for roles associated with that division.&nbsp;<h2>Impact of global layoffs on hiring</h2>Oracle’s decision follows a broader trend in the technology sector, where companies are adjusting hiring plans after large-scale layoffs.Industry experts note that companies often reassess workforce requirements after restructuring, which can affect campus hiring commitments.The situation highlights how global business decisions can directly impact entry-level hiring and fresh graduates.&nbsp;<h2>What this means for students and institutions</h2>The revocation of offers has raised concerns among students and placement authorities about job security during campus recruitment.Institutions may need to review policies and provide additional support to affected students, including reopening placement opportunities or connecting them with other employers. For students, the development underlines the importance of flexibility in job planning, especially in a changing job market.&nbsp;It remains unclear whether Oracle will offer alternative roles or compensation to affected students. Placement cells are expected to engage with the company and explore possible solutions. As the hiring cycle progresses, institutes may also reach out to other recruiters to create additional opportunities for impacted candidates.The situation reflects a larger shift in hiring trends, where economic conditions and business decisions continue to influence job markets globally.

Oracle has cancelled multiple campus placement and pre-placement offers (PPOs) at top Indian institutes including IITs and NITs. The move comes after large-scale global layoffs and internal restructuring, leaving many fresh graduates without job options at the final stage of placements.

Oracle has cancelled several campus placement and pre-placement offers at India’s engineering institutes, including IITs and NITs. The move comes shortly after the company laid off around 30,000 employees globally in April, according to reports. Sources said affected students were informed earlier this week that their job offers had been withdrawn. The decision has created uncertainty for many freshers who had already secured positions through campus placements. Students affected across top institutes The impact has been reported across several institutions, including NIT Warangal, VNIT Nagpur, IIT Roorkee, IIT Hyderabad and IIT (BHU) Varanasi. Many of the affected students had received pre-placement offers (PPOs) after internships with the company. These offers are usually considered final and often prevent students from participating in further placement rounds. Students said they were informed about the cancellations through placement cells, leaving limited time to explore alternative job opportunities. ‘One student, one job’ policy adds pressure Most top engineering institutes follow a “one student, one job” rule, which means once a student accepts an offer, they are not allowed to sit for other placement drives. Because of this policy, many students who accepted Oracle’s offer did not apply for other companies during campus recruitment. With the offers now revoked, these students are facing difficulty in securing new opportunities as most placement cycles have already ended. Reason behind offer cancellations According to sources, the cancellations are linked to internal restructuring within Oracle. The company had hired freshers for roles such as application development and server technology teams. However, one of its business units, related to health and application infrastructure, has reportedly been shut down. This closure is said to have led to the withdrawal of job offers for roles associated with that division. Impact of global layoffs on hiring Oracle’s decision follows a broader trend in the technology sector, where companies are adjusting hiring plans after large-scale layoffs. Industry experts note that companies often reassess workforce requirements after restructuring, which can affect campus hiring commitments. The situation highlights how global business decisions can directly impact entry-level hiring and fresh graduates. What this means for students and institutions The revocation of offers has raised concerns among students and placement authorities about job security during campus recruitment. Institutions may need to review policies and provide additional support to affected students, including reopening placement opportunities or connecting them with other employers. For students, the development underlines the importance of flexibility in job planning, especially in a changing job market. It remains unclear whether Oracle will offer alternative roles or compensation to affected students. Placement cells are expected to engage with the company and explore possible solutions. As the hiring cycle progresses, institutes may also reach out to other recruiters to create additional opportunities for impacted candidates. The situation reflects a larger shift in hiring trends, where economic conditions and business decisions continue to influence job markets globally.

Oracle has cancelled multiple campus placement and pre-placement offers (PPOs) at top Indian institutes including IITs and NITs. The move comes after large-scale global layoffs and internal restructuring, leaving many fresh graduates without job options at the final stage of placements.

Freshers hit as Oracle reportedly cancels job offers across top engineering institutes

Oracle has begun laying off thousands of employees worldwide, with estimates suggesting total job cuts could reach between 20,000 and 30,000. Workers across regions reportedly received early-morning emails informing them that their roles had been eliminated with immediate effect. The software maker is reportedly dealing with a plummeting stock price tied to hefty capital commitments for building out AI infrastructure.&nbsp;The email cited “organisational change” and stated plainly: “Today is your last working day.” It added, “We are grateful for your dedication, hard work, and the impact you have made during your time with us.” Employees were told they would be eligible for severance “subject to the terms and conditions” after signing termination paperwork. The layoffs span multiple divisions, including cloud, sales, health, customer success and NetSuite, reflecting a broad restructuring rather than isolated cuts.&nbsp;<h2>AI expansion driving cost-cutting</h2>&nbsp;The primary trigger behind the layoffs is Oracle’s aggressive push into artificial intelligence infrastructure. The company is significantly increasing investment in data centres to compete with cloud leaders and support large-scale AI workloads. According to reports, this expansion comes at a substantial cost. Oracle has raised tens of billions of dollars to fund projects, including large AI data centre initiatives linked to OpenAI. The scale of spending has forced the company to reduce operational costs elsewhere, with workforce reduction emerging as a key lever.&nbsp;&nbsp;ALSO READ: <a href="https://www.wionews.com/photos/-b-52-bombers-fly-over-iran-how-us-veteran-bomber-remains-indispensable-next-to-b-1-and-b-2-1774968358568">'B‑52 bombers fly over Iran': How US’ veteran bomber remains indispensable next to B‑1 and B‑2</a>&nbsp;According to a CNBC report, Oracle continues to rely on its flagship database business for storing and managing corporate data. In recent years, however, the company has significantly increased capital expenditure as it builds data centre infrastructure to support AI workloads, positioning itself alongside cloud rivals such as Amazon, though it remains smaller in scale. The company has also turned to the debt market to fund this expansion, announcing a $50 billion raise earlier this year, with no further borrowing planned for 2026.&nbsp;&nbsp;Analysts estimate that cutting between 20,000 and 30,000 roles could generate $8 billion to $10 billion in additional free cash flow, helping to sustain these capital-intensive investments.&nbsp;<h2>Financial pressure and market response</h2>&nbsp;Oracle’s restructuring is also tied to mounting financial pressure. The company expects up to $2.1 billion in restructuring costs in fiscal 2026, largely driven by severance and related expenses.&nbsp;Despite reporting strong revenue and continued demand for its cloud services, Oracle’s stock has fallen sharply, down nearly 25–30 per cent this year, dropping more than all of tech’s megacaps, this comes amid investor concerns over rising debt and the risks associated with its AI-heavy strategy. However, markets reacted positively in the short term, with shares rising following news of the layoffs, reflecting expectations of improved cost efficiency.&nbsp;ALSO READ: <a href="https://www.wionews.com/world/oracle-layoffs-shock-30-000-jobs-slashed-worldwide-how-much-severance-are-employees-actually-getting-1775028211102">Oracle layoffs shock: 30,000 jobs slashed worldwide, how much severance are employees actually getting?</a>&nbsp;<h2>Part of a wider tech industry shift</h2><h2>&nbsp;</h2>Oracle’s decision reflects a broader trend across the technology sector, where companies are cutting jobs to redirect resources towards artificial intelligence. More than 70 tech firms have collectively eliminated tens of thousands of roles this year alone as AI reshapes business priorities.&nbsp;While Oracle has not officially confirmed the full scale of the layoffs, the developments underline a clear shift: prioritising AI-driven growth, even as it results in large-scale workforce reductions across its existing operations.

The primary trigger behind the layoffs is Oracle’s aggressive push into artificial intelligence infrastructure. The company is significantly increasing investment in data centres to compete with cloud leaders and support large-scale AI workloads.

Oracle has begun laying off thousands of employees worldwide, with estimates suggesting total job cuts could reach between 20,000 and 30,000. Workers across regions reportedly received early-morning emails informing them that their roles had been eliminated with immediate effect. The software maker is reportedly dealing with a plummeting stock price tied to hefty capital commitments for building out AI infrastructure. The email cited “organisational change” and stated plainly: “Today is your last working day.” It added, “We are grateful for your dedication, hard work, and the impact you have made during your time with us.” Employees were told they would be eligible for severance “subject to the terms and conditions” after signing termination paperwork. The layoffs span multiple divisions, including cloud, sales, health, customer success and NetSuite, reflecting a broad restructuring rather than isolated cuts. AI expansion driving cost-cutting The primary trigger behind the layoffs is Oracle’s aggressive push into artificial intelligence infrastructure. The company is significantly increasing investment in data centres to compete with cloud leaders and support large-scale AI workloads. According to reports, this expansion comes at a substantial cost. Oracle has raised tens of billions of dollars to fund projects, including large AI data centre initiatives linked to OpenAI. The scale of spending has forced the company to reduce operational costs elsewhere, with workforce reduction emerging as a key lever. ALSO READ: 'B‑52 bombers fly over Iran': How US’ veteran bomber remains indispensable next to B‑1 and B‑2 According to a CNBC report, Oracle continues to rely on its flagship database business for storing and managing corporate data. In recent years, however, the company has significantly increased capital expenditure as it builds data centre infrastructure to support AI workloads, positioning itself alongside cloud rivals such as Amazon, though it remains smaller in scale. The company has also turned to the debt market to fund this expansion, announcing a $50 billion raise earlier this year, with no further borrowing planned for 2026. Analysts estimate that cutting between 20,000 and 30,000 roles could generate $8 billion to $10 billion in additional free cash flow, helping to sustain these capital-intensive investments. Financial pressure and market response Oracle’s restructuring is also tied to mounting financial pressure. The company expects up to $2.1 billion in restructuring costs in fiscal 2026, largely driven by severance and related expenses. Despite reporting strong revenue and continued demand for its cloud services, Oracle’s stock has fallen sharply, down nearly 25–30 per cent this year, dropping more than all of tech’s megacaps, this comes amid investor concerns over rising debt and the risks associated with its AI-heavy strategy. However, markets reacted positively in the short term, with shares rising following news of the layoffs, reflecting expectations of improved cost efficiency. ALSO READ: Oracle layoffs shock: 30,000 jobs slashed worldwide, how much severance are employees actually getting? Part of a wider tech industry shift Oracle’s decision reflects a broader trend across the technology sector, where companies are cutting jobs to redirect resources towards artificial intelligence. More than 70 tech firms have collectively eliminated tens of thousands of roles this year alone as AI reshapes business priorities. While Oracle has not officially confirmed the full scale of the layoffs, the developments underline a clear shift: prioritising AI-driven growth, even as it results in large-scale workforce reductions across its existing operations.

The primary trigger behind the layoffs is Oracle’s aggressive push into artificial intelligence infrastructure. The company is significantly increasing investment in data centres to compete with cloud leaders and support large-scale AI workloads.

Oracle layoffs: Why did the tech giant axe 30,000 jobs globally without warning?

US-based tech giant Oracle has laid off thousands of employees to cut costs, reported suggested, with more layoffs expected within a month. About 12,000 people were fired by the company in India, while about 30,000 were laid off globally. According to the laid-off employees, the company sent an email stating they were being relieved from duty, without any prior communication.According to a PTI report citing people impacted by the retrenchment, “In India, around 12,000 employees have been laid off. The company is planning another mass layoff within a month.” LinkedIn posts from laid-off employees suggested that the cuts have affected staff across Oracle Cloud, Health, Sales, Customer Success, and NetSuite.In the email, the company cited organisational changes as the reason behind firing employees. It added that “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.”In its severance package, Oracle has offered 15 days of salary to those employees who have completed a year of service in India. It will also add one month of unpaid wages till the termination date, leave encashment, gratuity based on eligibility and pay for a one-month notice period. The company has also offered a two-month salary as a top-up. The package is available for the employees who voluntarily and amicably resign.<h2>What did the email say?</h2>According to the email received by an employee and posted on social media, it read, “We are sharing some difficult news regarding your position. After careful consideration of Oracle's current business needs, we have made the decision to eliminate your role as part of a broader organizational change. As a result, today is your last working day.”“We are grateful for your dedication, hard work, and the impact you have made during your time with us,” it added. “After signing your termination paperwork, you will be eligible to receive a severance package subject to the terms and conditions of the severance plan. You will receive an email from DocuSign to your Oracle email address with details on your severance and termination date.”The email also included details of separation-related information and severance agreements and was signed by “Oracle Leadership”.

Oracle has laid off about 30,000 employees globally, including 12,000 in India, citing restructuring. More cuts may follow, with affected staff receiving severance packages after sudden notices.

US-based tech giant Oracle has laid off thousands of employees to cut costs, reported suggested, with more layoffs expected within a month. About 12,000 people were fired by the company in India, while about 30,000 were laid off globally. According to the laid-off employees, the company sent an email stating they were being relieved from duty, without any prior communication. According to a PTI report citing people impacted by the retrenchment, “In India, around 12,000 employees have been laid off. The company is planning another mass layoff within a month.” LinkedIn posts from laid-off employees suggested that the cuts have affected staff across Oracle Cloud, Health, Sales, Customer Success, and NetSuite. In the email, the company cited organisational changes as the reason behind firing employees. It added that “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.” In its severance package, Oracle has offered 15 days of salary to those employees who have completed a year of service in India. It will also add one month of unpaid wages till the termination date, leave encashment, gratuity based on eligibility and pay for a one-month notice period. The company has also offered a two-month salary as a top-up. The package is available for the employees who voluntarily and amicably resign. What did the email say? According to the email received by an employee and posted on social media, it read, “We are sharing some difficult news regarding your position. After careful consideration of Oracle's current business needs, we have made the decision to eliminate your role as part of a broader organizational change. As a result, today is your last working day.” “We are grateful for your dedication, hard work, and the impact you have made during your time with us,” it added. “After signing your termination paperwork, you will be eligible to receive a severance package subject to the terms and conditions of the severance plan. You will receive an email from DocuSign to your Oracle email address with details on your severance and termination date.” The email also included details of separation-related information and severance agreements and was signed by “Oracle Leadership”.

Oracle has laid off about 30,000 employees globally, including 12,000 in India, citing restructuring. More cuts may follow, with affected staff receiving severance packages after sudden notices.

Oracle lays off 12,000 in India: Company sends email overnight – Here’s what it said

Oracle has begun executing a sweeping round of layoffs across its global workforce, with reports indicating that up to 30,000 jobs may be cut, including around 12,000 in India. Employees across the United States, India and other regions reportedly received termination emails as early as 6 a.m. EST, informing them that their roles had been eliminated with immediate effect. The layoffs are closely linked to Oracle’s aggressive push into artificial intelligence infrastructure. The company is investing heavily in data centres and cloud capacity, including large-scale partnerships with OpenAI. According to reports, employees laid off in the United States have been offered a structured severance package.&nbsp;The message, sent by “Oracle Leadership”, stated that “after careful consideration of Oracle’s current business needs”, the company had “decided to eliminate” the role “as part of a broader organisational change”, making that day the employee’s last working day. It added a note of appreciation for the employee’s “dedication, hard work, and contributions” during their tenure. Affected workers described the process as abrupt, with many highlighting there was “no call, no meeting… just an email. And a DocuSign,” underscoring the impersonal nature of the layoffs.&nbsp;ALSO READ: <a href="https://www.wionews.com/photos/-b-52-bombers-fly-over-iran-how-us-veteran-bomber-remains-indispensable-next-to-b-1-and-b-2-1774968358568">'B‑52 bombers fly over Iran': How US’ veteran bomber remains indispensable next to B‑1 and B‑2</a>&nbsp;<h2>Severance package details in the US</h2><h2>&nbsp;</h2>According to a Business Insider report, in the United States, affected employees have reportedly been offered severance of four weeks’ base salary plus one additional week per year of service, capped at 26 weeks.&nbsp;The company also clarified that employees would become eligible for the severance package only after signing termination documents. The communication noted that individuals would receive further details via a DocuSign email sent to their official Oracle accounts, outlining severance terms and the final termination date, reported NDTV.&nbsp;This approach aligns with standard corporate severance frameworks in the US, though the cap at 26 weeks places a limit on payouts for long-serving employees.&nbsp;Severance packages in India, as per media reports, include 15 days’ salary for employees who have served the compony for at least one year. The package also includes one month’s unpaid wages up to the termination date, leave encashment, gratuity subject to eligibility, and salary in lieu of a one-month notice period. In addition, the company has offered a two-month salary top-up. This is only available to employees who opt to resign voluntarily and amicably.&nbsp;ALSO READ: <a href="https://www.wionews.com/photos/us-deploys-b-52-bombers-over-iran-for-first-time-5-deadly-capabilities-that-make-this-bomber-a-strategic-hammer-1774965474957">'US deploys B‑52 bombers over Iran for first time!' 5 incredible facts that make this 75‑year‑old bomber deadly</a>&nbsp;<h2>Broader restructuring and financial drivers</h2><h2>&nbsp;</h2>The company has entered large-scale commitments, including partnerships with OpenAI, and is significantly increasing capital expenditure to support AI workloads. This expansion has placed pressure on Oracle’s finances, with the company managing substantial debt while attempting to sustain cash flow. Analysts estimate that cutting between 20,000 and 30,000 jobs could generate $8 billion to $10 billion in additional free cash flow, helping fund these capital-intensive initiatives.&nbsp;<h2>Market reaction and uncertain outlook</h2><h2>&nbsp;</h2>The company reported quarterly revenue of $17.2 billion, its highest in 15 years, yet investor concerns persist over debt levels and long-term returns. Oracle, which had about 162,000 full-time employees ​globally as of May 2025, is yet to comment on the development.&nbsp;With further layoffs expected within weeks, Oracle’s restructuring highlights a broader shift: prioritising AI and cloud infrastructure, even at significant human cost. Meanwhile, more than 70 tech companies have cut around 40,480 jobs ​so far this year, per Layoffs.fyi, as companies increasingly reallocate resources ​toward AI, ⁠heightening fears of AI-driven disruptions among workers.&nbsp;

The company is investing heavily in data centres and cloud capacity, including large-scale partnerships with OpenAI. According to reports, employees laid off in the United States have been offered a structured severance package.

Oracle has begun executing a sweeping round of layoffs across its global workforce, with reports indicating that up to 30,000 jobs may be cut, including around 12,000 in India. Employees across the United States, India and other regions reportedly received termination emails as early as 6 a.m. EST, informing them that their roles had been eliminated with immediate effect. The layoffs are closely linked to Oracle’s aggressive push into artificial intelligence infrastructure. The company is investing heavily in data centres and cloud capacity, including large-scale partnerships with OpenAI. According to reports, employees laid off in the United States have been offered a structured severance package. The message, sent by “Oracle Leadership”, stated that “after careful consideration of Oracle’s current business needs”, the company had “decided to eliminate” the role “as part of a broader organisational change”, making that day the employee’s last working day. It added a note of appreciation for the employee’s “dedication, hard work, and contributions” during their tenure. Affected workers described the process as abrupt, with many highlighting there was “no call, no meeting… just an email. And a DocuSign,” underscoring the impersonal nature of the layoffs. ALSO READ: 'B‑52 bombers fly over Iran': How US’ veteran bomber remains indispensable next to B‑1 and B‑2 Severance package details in the US According to a Business Insider report, in the United States, affected employees have reportedly been offered severance of four weeks’ base salary plus one additional week per year of service, capped at 26 weeks. The company also clarified that employees would become eligible for the severance package only after signing termination documents. The communication noted that individuals would receive further details via a DocuSign email sent to their official Oracle accounts, outlining severance terms and the final termination date, reported NDTV. This approach aligns with standard corporate severance frameworks in the US, though the cap at 26 weeks places a limit on payouts for long-serving employees. Severance packages in India, as per media reports, include 15 days’ salary for employees who have served the compony for at least one year. The package also includes one month’s unpaid wages up to the termination date, leave encashment, gratuity subject to eligibility, and salary in lieu of a one-month notice period. In addition, the company has offered a two-month salary top-up. This is only available to employees who opt to resign voluntarily and amicably. ALSO READ: 'US deploys B‑52 bombers over Iran for first time!' 5 incredible facts that make this 75‑year‑old bomber deadly Broader restructuring and financial drivers The company has entered large-scale commitments, including partnerships with OpenAI, and is significantly increasing capital expenditure to support AI workloads. This expansion has placed pressure on Oracle’s finances, with the company managing substantial debt while attempting to sustain cash flow. Analysts estimate that cutting between 20,000 and 30,000 jobs could generate $8 billion to $10 billion in additional free cash flow, helping fund these capital-intensive initiatives. Market reaction and uncertain outlook The company reported quarterly revenue of $17.2 billion, its highest in 15 years, yet investor concerns persist over debt levels and long-term returns. Oracle, which had about 162,000 full-time employees globally as of May 2025, is yet to comment on the development. With further layoffs expected within weeks, Oracle’s restructuring highlights a broader shift: prioritising AI and cloud infrastructure, even at significant human cost. Meanwhile, more than 70 tech companies have cut around 40,480 jobs so far this year, per Layoffs.fyi, as companies increasingly reallocate resources toward AI, ⁠heightening fears of AI-driven disruptions among workers.

The company is investing heavily in data centres and cloud capacity, including large-scale partnerships with OpenAI. According to reports, employees laid off in the United States have been offered a structured severance package.

Oracle layoffs shock: 30,000 jobs slashed worldwide, how much severance are employees actually getting?

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Freshers hit as Oracle reportedly cancels job offers across top engineering institutes

Oracle layoffs: Why did the tech giant axe 30,000 jobs globally without warning?

Oracle lays off 12,000 in India: Company sends email – Here’s what it said

Oracle layoffs shock: How much severance are employees actually getting?