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New Delhi: US-based IT major Oracle Corporation is believed to have laid off around 12,000 employees in India, with another round of layoffs expected within a month, according to affected employees.

Globally, the company has reportedly cut nearly 30,000 jobs as part of its ongoing restructuring exercise.

India Operations Hit Hard

Sources indicated that Oracle, which has an estimated 30,000-strong workforce in India, has already impacted a significant portion of its employees. Two individuals affected by the layoffs, including one from the human resources department, said the retrenchment is part of a broader plan to reduce workforce size. The company has declined to comment on the development.

‘Organisational Changes’ Behind Move

In an internal email to employees, Oracle cited “organisational changes” as the reason behind the layoffs.

“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,” the communication stated.

Severance Package Offered

Affected employees have reportedly been offered a severance package that includes:

• 15 days’ salary for each completed year of service
• One-month notice period pay
• Leave encashment and gratuity (as applicable)
• An additional two-month salary as a top-up

However, the package applies only to those who opt for voluntary and amicable resignation, sources said.

Concerns Raised by Former Employees

An ex-employee, Merugu Sridhar, claimed he was laid off earlier after protesting against long working hours, alleging 16-hour shifts in the company.

He further said that employees indicated that Indian staff working in the US may also have been impacted, partly due to stricter labour laws governing layoffs in those jurisdictions.

More Layoffs Expected

Sources suggest that another round of layoffs could follow soon, raising concerns within the IT sector amid a broader trend of cost-cutting, restructuring and operational efficiency among global technology firms.

The development reflects the ongoing recalibration in the tech industry, as companies realign their workforces in response to shifting business priorities and global economic conditions.