Oracle Fires 12,000 Employees in India, Another Round of Layoffs Expected Within a Month

The severance package is available for only those employees who voluntarily and amicably resign from the company.

The Wire Staff

The severance package is available for only those employees who voluntarily and amicably resign from the company.

oracle fires 12 000 employees in india another round of layoffs expected within a month

Representative image of an IT office in Bengaluru. Photo: saimad/Flickr (ATTRIBUTION-SHAREALIKE 2.0 GENERIC)

New Delhi: Around 12,000 employees of US-based IT firm Oracle have been laid off in India while another round of layoffs being expected within a month, reported Press Trust of India. The company has laid off around 30,000 employees worldwide.

“In India, around 12,000 employees have been laid off. The company is planning another mass layoff within a month,” said two people impacted by the retrenchment on Tuesday (March 30), including one from the company’s human resource department, reported PTI.

The total number of employees in India for the company amount Rs 30,000, including those who are affected by the layoffs. Oracle had declined to comment on the development.

In an email sent to the staff, Oracle said the employees were informed about certain organisational changes and “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”.

Following the decision, the company has offered 15 days’ salary to each employee who has completed a year of service in India, in addition to one month of unpaid wages till termination date, leave encashment, gratuity based on eligibility and pay for a one-month notice period.

It has also offered a two-month salary as a top-up. However, the severance package is available for only those employees who voluntarily and amicably resign from the company.

PTI quoted an ex-employee of Oracle, Merugu Sridhar, who said that he was laid off in September for protesting against the 16-hour work shift that the company has in India.

“I contacted my friends and those who are in human resources. They shared that most of the Indians working in the US with the company have been impacted because the local laws there are very strict when it comes to the retrenchment of their citizens,” said Sridhar.

This article went live on April first, two thousand twenty six, at twenty-eight minutes past three in the afternoon.

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