By The Wire Staff
Publication Date: 2026-04-01 09:58:00
The severance payment is only available to those employees who leave the company voluntarily and by mutual agreement.
New Delhi: Around 12,000 employees of US IT company Oracle have reportedly been laid off in India, while another round of layoffs is expected within a month Press Trust of India. The company has laid off around 30,000 employees worldwide.
“Around 12,000 employees have been laid off in India. The company is planning another mass layoff within a month,” two people affected by the layoffs said on Tuesday (March 30), including one from the company’s human resources department, PTI reported.
The company’s total headcount in India is Rs 30,000, including those affected by the layoffs. Oracle declined to comment on the development.
In an email sent to employees, Oracle said employees were informed of certain organizational changes and “as a result of these changes, a decision was made to streamline operations and as…”
