Oracle Cuts 18% of Global Workforce; 12,000 Jobs Hit in India
Oracle executed its largest redundancy program in history, cutting 18% of its global workforce (20,000-30,000 employees), with India particularly hard hit with approximately 12,000 job losses. Termination emails were sent at 6 AM with same-day effect.
Key Points
- Oracle cutting 18% of global workforce (20,000-30,000 employees)
- India severely impacted with approximately 12,000 job losses
- Revenue and Health Sciences, SaaS operations lost ~30% staff each
- Termination emails sent at 6 AM with same-day effect, no prior intimation
Full Details
Oracle has executed what analysts believe to be the largest redundancy programme in its history, with employees across the United States, India, Canada, and Mexico receiving termination emails shortly after 6 AM local time. Investment bank TD Cowen estimates the cuts will affect between 20,000 and 30,000 employees, representing roughly 18% of Oracle's global workforce of approximately 162,000 people. Particularly hard hit were Oracle's Revenue and Health Sciences division and SaaS operations, each reportedly losing about 30% of staff, alongside NetSuite's India Development Centre. The company has proposed a severance package for affected Indian employees that includes 15 days' salary for every completed year of service. Multiple US banks have reportedly stepped back from financing certain data centre projects, underscoring the scale of Oracle's gamble on AI infrastructure over human capital.
Why It Matters
This represents one of the largest tech layoffs in India's history and signals Oracle's strategic pivot toward AI automation, potentially at the cost of human talent. The timing and manner of terminations (early morning mass emails) have drawn criticism for poor employee treatment.
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