Oracle, 21 firms to face IIT hiring freeze after reneging on job offers: Report
Indian Institutes of Technology (IITs) have reportedly decided to stop cooperating with 22 companies in campus recruitment for the next two placement seasons after the firms failed to honour job offers made to students
The Indian Institutes of Technology (IITs) have decided to stop collaborating with 22 companies in campus recruitment for the next two placement seasons due to the firms reneging on job offers made to graduating students in 2026, according to a report by the Economic Times. The affected companies are expected to withdraw between 10 and 15 offers each, impacting over 150 job opportunities across 23 IITs.
The All IITs Placement Committee (AIPC) took this decision at a meeting held at IIT Guwahati earlier this month, planning to inform the companies about the non-cooperation move by September 30. The restriction applies to two placement seasons, barring the companies from participating in campus recruitment through the IIT system during this period.
Oracle, a US enterprise software company, is among the firms facing the two-year restriction, with the company reportedly not honoring about 40 offers made to students. Oracle has also not approached IITs for recruitment in the current year and has been cutting jobs globally, including in India, since restructuring its business.
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