India’s tech jobs face another jolt: Oracle to cut 3,000, Microsoft puts 500 on PIPs
Global tech giant Microsoft has put around 500 employees in India on performance improvement plans (PIPs), while Oracle is preparing to cut roughly 3,000 jobs in the country as technology companies reorganise their workforces and redirect spending towards newer areas.
In India's tech sector, Oracle plans to eliminate around 3,000 jobs while Microsoft has placed approximately 500 employees in the country on performance improvement plans (PIPs), according to an ET report. Experts suggest that PIPs do not necessarily mean layoffs, as they can also be part of regular performance management processes.
Microsoft's spokesperson clarified that the company follows formal PIP and global voluntary separation agreement processes, and that the share of employees on PIPs is a small percentage. Oracle's restructuring is a move towards prioritizing new-age skills, particularly AI, and reallocating budgets accordingly. Meanwhile, India's IT hiring landscape is shifting, with large technology companies becoming more selective in campus recruitment and delaying the onboarding of fresh graduates.
This change reflects a growing focus on specific projects and actual demand rather than large-scale recruitment.
Written by urgent.news from Times of India's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.
