Oracle rescinds job offers to students of IIT and other major engineering colleges; Here is the reason “quoted”

Oracle recently announced the layoffs of approximately 20,000 employees across its global offices. Now, the US software giant has reportedly withdrawn dozens of job offers to students from India’s top engineering colleges, including the Indian Institute of Technology (IITs) and the National Institute of Technology (NITs). The move comes in the wake of recent mass layoffs at the company and has sparked concern among students as the internship season nears its end. As reported by Economic Times, the placement agencies have also confirmed that both full-time employee (FTE) offers for the 2026 batch and summer internships at IIT-Delhi, IIT-Kanpur, IIT-Kharagpur, IIT-Guwahati, IIT-Madras, IIT-BHU, IIT-Hyderabad, IIT-Roorkee, NIT-Warangal and MNNIT-Allahabad, among others, have been withdrawn. While the number of offers withdrawn per campus is between two and five, sources believe that more than 50 offers were withdrawn in total.One of the affected students, Aditya Kumar Barwal, said on…