US tech giant fires 12,000 employees in India – media

 Oracle has reportedly laid off around 30,000 people worldwide

US tech giant Oracle has laid off 12,000 employees in India, the PTI news agency has reported. Globally, the company has cut around 30,000 employees, according to media reports.

Oracle employs about 30,000 people in India, including those affected by the present round of layoffs.

The impacted workers told the Moneycontrol website that another round of job cuts is likely within a month.

Oracle informed the affected employees about organizational changes in an email sent at 6 AM, stating that “a decision has been taken to streamline the operations, and as a result, unfortunately, the position you currently hold will become redundant,” according to Moneycontrol.

The company has reportedly offered 15 days’ salary for each completed year of service for the fired employees in India. It has also offered leave encashment, gratuity based on eligibility, and pay for a one-month notice period, apart from a two-month salary as a top-up for laid-off employees.

The development comes as Oracle increases capital expenditure to build data center infrastructure capable of handling artificial intelligence (AI) workloads.

A 2025 report by the Indian government think tank NITI Aayog estimates that up to 20% of jobs in IT services and call centers in India could be impacted by automation by 2031.

A Citrini Research report titled ‘The 2028 Global Intelligence Crisis’ estimated that by 2028, India’s IT services industry could slow down dramatically as clients shift to AI coding agents at significantly lower costs.

India’s largest IT services company, Tata Consultancy Services (TCS), laid off around 12,000 employees, representing roughly 2% of its global workforce in 2025. Nearly 700 Amazon employees in India lost their jobs in January as part of a restructuring process. Microsoft cut around 15,000 jobs globally in 2025.