Oracle India workforce shrinks to 27,000

Oracle has initiated a new wave of layoffs, targeting approximately 10% of its India workforce, or around 3,000 employees, according to industry experts. The company had previously announced a massive 21,000 job cuts earlier this year, primarily in India. As a result, Oracle's India headcount is expected to decrease from 30,000 to 27,000, according to Pareekh Jain, CEO of EIIRTrend.

The company has not publicly disclosed the latest layoff figures as of Tuesday. Employees affected by the cuts have taken to platforms like X and Reddit to share their experiences, including receiving little notice and termination emails stating their roles were no longer needed. This round of layoffs is part of a growing trend among global capability centres (GCCs), where large tech companies are reducing their global headcount.

Visa, PayPal, and ServiceNow have also recently announced employee reductions in India. Despite the layoffs, experts predict that overall headcount in GCCs in India will grow by 9-10% this year, as new centers open and existing ones expand. The shift in demand for technology talent is also evident, with a move away from routine, execution-heavy roles to more complex and forward-deployed positions such as AI engineers and cybersecurity engineers.