Oracle begins job cuts globally, likely impacting 12,000 employees in India: Reports
The US-based cloud software provider Oracle has cut around 30,000 jobs globally, including 12,000 in India, according to reports by Business Insider, CNBC, and news agency PTI.
“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,” said Oracle in an email notification to impacted employees, as reported by Business Insider. “As a result, today is your last working day.”
“In India, around 12,000 employees have been laid off. The company is planning another mass layoff within a month,” PTI, in turn, quoted two people impacted by the retrenchment, including one from the company’s human resources (HR) department.
Oracle’s India headcount is nearly 30,000 employees, including those affected by the layoffs.
Several users on Reddit, microblogging platform X, and anonymous workplace website Blind shared details of the job cuts, saying they received emails as early as 6am, informing them that their roles had been terminated with immediate effect, fueling uncertainty and anxiety among employees.
The Larry Ellison-led technology major has lately sought to fuel its business growth by enhancing capital expenditure (capex) in booming artificial intelligence (AI) and data center domains, and compete with Amazon and Microsoft.
Last year in September, Sam Altman’s OpenAI and Oracle signed a massive $300 billion, five-year cloud computing deal to power the ChatGPT chatbot and expand the former’s AI infrastructure.
Bloomberg had reported that Oracle may require $156 billion in capex and nearly 3 million GPUs to fulfil its AI infrastructure commitments under this deal, which is part of OpenAI’s larger Stargate data centre project.
To fund its AI infrastructure ambitions, Oracle has reportedly taken almost $58 billion in new debt in just two months in 2026.
Between August and September 2025, the cloud company slashed over 3,000 jobs across its US, Canada, and India teams. The move had impacted 100 jobs in India at that time.
Oracle employed about 162,000 full-time workers, as of May 31 last year, according to its regulatory disclosures with the US Securities and Exchange Commission (SEC).
Job cuts across BigTech
The development comes against the backdrop of widespread reduction in jobs across BigTech companies. The US-based Amazon in January said it would slash about 16,000 roles, months after it laid off 14,000 employees. Last week, Meta began laying off hundreds of employees.
