Oracle Layoffs 2026: What Is Confirmed for India

What Oracle Itself Has Filed With the SEC

Oracle's Form 10-K for the fiscal year ended 31 May 2026 (filed with the SEC on 22 June 2026) states in its Workforce disclosure: "As of May 31, 2026, we employed approximately 141,000 full-time employees, of which approximately 49,000 were employed in the U.S. and approximately 92,000 were employed internationally." The prior year's Form 10-K (filed 18 June 2025) had stated about 162,000 full-time employees, of which about 58,000 were in the U.S. and about 104,000 internationally. Read together, Oracle's own filings show full time headcount falling by about 21,000, or roughly 13 percent, over that fiscal year: about 9,000 in the U.S. and about 12,000 outside it. These are net changes after any hiring, not a count of layoffs, and neither filing breaks the figures down by country, so there is no Oracle-filed number for India specifically.

The same FY2026 10-K reports restructuring expense of 1,779 million dollars for the year, against 299 million dollars the year before, a roughly six fold jump. Oracle's Form 10-Q for the quarter ended 31 August 2026 (filed 11 September 2026) goes further: it states that the "total estimated restructuring costs associated with the 2026 Restructuring Plan are up to $2.1 billion as of August 31, 2026," and that "subsequent to August 31, 2026, our management supplemented the 2026 Restructuring Plan by approximately $700 million to reflect additional actions that we expect to take," which puts the running total at roughly 2.8 billion dollars. The filing describes the plan as intended "to implement certain strategic measures and further improve operational efficiencies, including through the adoption and integration of artificial intelligence technologies across certain functions and other operational activities."

Everything about India below comes from news reporting, not from an Oracle filing.

What Is Reported About India (Attributed, Not Official)

Several outlets reported India-specific cuts in September 2026, and their estimates differ:

Every one of these figures traces to internal estimates, unnamed sources or industry trackers, not an Oracle statement, so read them as reported ranges, not settled counts. They do broadly agree on which teams are hit hardest: People Matters and Deccan Herald both name product engineering, with People Matters reporting that support and consulting teams saw comparatively fewer reductions. People Matters also reported that some senior Oracle Financial Services Software (OFSS) employees were affected globally, while its sources said OFSS's India operations had not seen cuts in this round as of 16 September 2026.

One larger number needs care. The same ET report says Oracle cut 21,000 jobs "including about 12,000 in India" earlier in 2026. Oracle's filings do not break out India; the closest official figure is that its entire non-U.S. full-time headcount fell by a net 12,000 over the year to 31 May 2026. Treat the 12,000 India figure as ET's reporting, not something Oracle has confirmed.

On what employees were actually told, People Matters reported that Oracle informed affected staff their roles were being eliminated after a review of business requirements, that their last working day would be the same day as the notification, that they would be eligible for severance benefits under Oracle's severance plan, and that access to company systems would be deactivated. The Economic Times, describing the earlier 31 March 2026 round, reported termination emails from "Oracle Leadership" that said "today is your last working day", with some workers reporting that their system access was revoked shortly afterwards.

What Oracle Has Not Confirmed

To be direct about the gap: Oracle has not stated, in any filing or public statement covered by the reporting above, an exact India employee count affected, a confirmed global number for the September 2026 round, or a breakdown by Indian city. ET reported on 16 September that the company had made no public disclosure on job cuts that month up to its press time. The global figures in circulation are themselves reports: People Matters wrote that sources put the decline at about 5,000 to 6,000 employees over a single weekend by 15 September, against earlier internal estimates of 7,000 to 10,000.

What This Means for Freshers and Campus Hiring

This part is not about existing employees, but it matters to PapersAdda's readers. The Economic Times reported on 24 September 2026 that the IITs have decided not to cooperate with 22 companies on campus recruitment for the next two placement seasons, for failing to honour offers made to students graduating in 2026. The All IITs Placement Committee (AIPC) met at IIT-Guwahati earlier in September and decided to write to the companies by 30 September, and it is calling the step "non-cooperation", not "blacklisting". AIPC convenor John Jose told ET that more than 150 offers across 23 IITs were involved, with some companies withdrawing 10 to 15 offers each; he declined to name the companies.

According to campus sources cited by ET, Oracle has not honoured around 40 offers at IITs and is among the companies that would face non-cooperation for two years, and Jose said Oracle has not approached the IITs for recruitment so far this year. ET said the committee still had to collate the final list, and that Oracle did not reply to its email seeking comment.

This followed an earlier warning. In June 2026, ET reported that the AIPC had asked more than 10 companies, including Oracle, to honour revoked offers or pay affected students three months' salary, with a deadline of 15 August, when about 100 students were affected.

If You Are an Affected Employee in India: What to Check

None of the following is Oracle-specific guidance or legal advice. It is what India's labour codes say, section by section, so you can check your own paperwork against it. The Ministry of Labour and Employment announced that all four codes, the Code on Wages, 2019, the Industrial Relations Code, 2020, the Code on Social Security, 2020 and the Occupational Safety, Health and Working Conditions Code, 2020, were being made effective from 21 November 2025.

Wages due at exit. Section 17(2) of the Code on Wages, 2019 says that when an employee is "removed or dismissed from service" or "retrenched," the wages payable "shall be paid within two working days" of that event, unless the appropriate Government has set a different time limit under Section 17(3). The Code's payment-of-wages chapter carves out Government establishments (Section 25), not private employers. Gratuity and provident fund follow their own rules, below. If wages due to you are not paid, Section 45 lets you file a claim before an authority appointed by the appropriate Government.

Gratuity eligibility. Section 53 of the Code on Social Security, 2020, which repealed the Payment of Gratuity Act, 1972, says gratuity is payable "on the termination of his employment after he has rendered continuous service for not less than five years," on superannuation, retirement, resignation, death, disablement, or the end of a fixed term contract. The section separately provides that the five year requirement does not apply where the termination is due to death, disablement, or the expiry of a fixed term contract. A layoff ends your employment, so if you have five years of continuous service, that threshold decides your eligibility, not the reason your employer gives for ending your role. Section 54 sets out how "continuous service" is counted, including service interrupted by sickness, accident or leave, so check how yours is counted before assuming you fall short.

Notice pay and retrenchment compensation. Section 70 of the Industrial Relations Code, 2020 says a "worker" with at least one year of continuous service cannot be retrenched until the worker has had one month's written notice with reasons (or wages in lieu of notice), has been paid compensation of fifteen days' average pay (or more days, if the appropriate Government notifies them) for every completed year of continuous service or part of a year above six months, and notice has been served on the appropriate Government. Whether you count as a "worker" depends on what you are employed to do. Section 2(zr) covers anyone employed "to do any manual, unskilled, skilled, technical, operational, clerical or supervisory work," but excludes anyone "employed mainly in a managerial or administrative capacity" and anyone "employed in a supervisory capacity drawing wages exceeding eighteen thousand rupees per month" (or a higher amount the Central Government notifies). That wage line applies only to supervisory roles, so a high salary does not by itself take someone employed mainly to do technical work out of the definition, while a people manager usually falls outside it. Anything above the statutory floor comes from your appointment letter and Oracle's severance plan, which People Matters reported Oracle cited in its termination communication. If you are unsure which side of the line your role falls on, take your appointment letter and a description of your actual duties to a labour lawyer before you sign a settlement.

Provident Fund (PF). The same Code repealed the Employees' Provident Funds and Miscellaneous Provisions Act, 1952, and provident fund now sits in Chapter III of the Code on Social Security, 2020, with Section 22 covering transfer of accounts. Leaving Oracle does not forfeit your PF balance. EPFO's official website, epfo.gov.in (the older epfindia.gov.in address forwarded there when PapersAdda checked on 28 September 2026), offers online claims and transfers, UAN activation and KYC updates. Check that your UAN, KYC and exit date are correct before you file, and use only EPFO's own website, never a third party offering to "speed up" your withdrawal.

Relieving letter and paperwork. Ask for your relieving and experience letters in writing as part of your exit, and keep them with your full and final settlement statement and the termination email.

WHAT PAPERSADDA THINKS

The honest gap is between what Oracle has put its name to and what everyone wants to know: how many people in India, and is my role next. Oracle's filings answer at a global level and say nothing country-specific, so every India number on this page is a reported estimate, labelled with its outlet and date. What is worth acting on regardless of the exact count: know your own five-year gratuity clock, work out whether your duties make you a "worker" under the Industrial Relations Code before you sign anything, and check that your wages, settlement and PF paperwork move on the timelines the codes set. If you are holding an Oracle offer as a 2026 graduate, the ET report on the IITs is a concrete reason to keep your options open and stay in touch with your placement cell.

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