US software giant Oracle has laid off roughly 12,000 employees in India as part of broader global cuts that have affected about 30,000 workers worldwide. Two people impacted by the retrenchment, including an employee in the human resources function, said another round of layoffs could come within a month.
Oracle employs about 30,000 people in India, the sources said, and the recent reductions are part of organisational changes the company is implementing. The firm declined to comment to reporters on the specifics of the India layoffs.
In an internal message to staff, Oracle told employees that organisational changes require it to streamline operations and that, as a result, certain positions would become redundant. The company outlined an exit package for affected staff: 15 days’ salary for employees who have completed at least one year of service, one month of wages until the termination date, leave encashment, gratuity where eligible, and pay for a one-month notice period. Oracle also offered a two-month salary top-up. The company said the severance package is available to those who resign voluntarily and amicably.
A former employee, Merugu Sridhar, said he was let go in September after protesting what he described as a 16-hour work shift practice at Oracle India. Sridhar added that many Indian employees assigned to roles in the US appear to have been affected, noting that stricter local employment laws in the United States make direct retrenchment of citizens more difficult.
The layoffs come amid a wave of staff reductions across the technology sector as companies reassess costs and operations. Oracle’s moves mirror wider industry trends but have generated concern among employees in India about further cuts in the near term.
