News Desk: In a sweeping global restructuring move, Oracle Corporation has reportedly laid off around 30,000 employees worldwide, with nearly 12,000 job cuts in India, according to multiple media reports.

Employees across departments said they were blindsided early morning, receiving termination emails between 5 and 6 AM, informing them that their roles had been eliminated with immediate effect.

India, one of Oracle’s largest workforce hubs with an estimated 30,000 employees, has emerged as a major casualty in the latest downsizing exercise. Sources indicate that further layoffs may be on the horizon, raising concerns across the tech sector.

Sudden Cuts, “Streamlining” Cited

In its official communication, Oracle attributed the layoffs to “operational streamlining”, stating that several roles had become redundant as part of ongoing organizational restructuring. The company maintained that employees had been previously alerted about impending changes.

Severance Package Details

Affected employees have been offered a compensation package that includes:

  • 15 days’ salary for each completed year of service
  • One month’s salary up to the termination date
  • Leave encashment and gratuity (as applicable)
  • One month’s notice pay

Additionally, a two-month salary top-up has been proposed—but only for those opting for voluntary resignation.

AI Push Driving Cost Cuts

Industry reports suggest the layoffs are part of a broader cost-cutting strategy aimed at unlocking $8–$10 billion in cash flow. The move aligns with Oracle’s aggressive expansion into AI-driven data centres, a sector witnessing massive investments globally.

These infrastructure projects are expected to support high-end computing demands, including those of AI ventures linked to Sam Altman and OpenAI.

Uncertainty Looms

With more layoffs potentially in the pipeline, the development has triggered anxiety among tech professionals, particularly in India, where the impact has been significant. The restructuring underscores a broader shift in the global tech industry, as companies pivot sharply towards AI-led growth while trimming legacy roles.

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