Oracle could be preparing for another round of job cuts, with thousands of employees in India potentially affected, according to reports and people familiar with the developments. The company has not officially confirmed the new layoffs.
The latest round is reportedly linked to Oracle’s efforts to reduce costs and cut payroll expenses while continuing to spend heavily on cloud infrastructure and artificial intelligence.
Reports suggest that the possible job cuts could affect around 2,000 to 3,000 employees in India. Oracle has around 30,000 employees in the country, so the reported cuts could have a significant impact on its India workforce. The company had already carried out a major round of layoffs in India earlier this year, which reportedly affected around 12,000 employees.
September 1 has emerged as an important date because Oracle was reportedly planning to reduce its payroll as its new financial quarter began. Managers were also reportedly asked to prepare lists of employees who could be affected. However, September 1 should not be treated as a confirmed layoff date because Oracle has not made any official announcement.
The possible cuts are expected to be wider than a restructuring of a single department. Teams have reportedly been asked to reduce their budgets, meaning employees across different functions could be affected. The final number of job cuts and the teams involved remain unclear.
Oracle has already reduced its global workforce significantly. During the 12 months ending May 31, the company cut around 21,000 jobs, bringing its global workforce down by about 13% to nearly 141,000 employees. External reports have suggested that the overall restructuring impact could be closer to 30,000 roles globally.
The expected layoffs come at a time when Oracle is investing billions of dollars in artificial intelligence and data-centre infrastructure. The company is expanding its cloud business and AI capabilities while also trying to control rising costs.
Employees are closely watching the situation because Oracle is also scheduled to announce its quarterly results on September 11. The timing of the possible job cuts has therefore added to uncertainty among workers.
For now, the reported 2,000 to 3,000 India job cuts remain unconfirmed. Oracle has not publicly announced another company-wide layoff exercise, and the company has not officially confirmed the number of employees who may be affected.
