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Oracle & 21 Other Firms Banned for 2 Years from IIT Placements Over Revoked Job Offers

· · 2 min read

The All India Placement Committee (AIPC) has banned Oracle and 21 other companies from IIT campus placements for two years. This disciplinary action follows over 150 revoked job offers to graduating students, with Oracle alone reneging on about 40.

India's premier engineering institutions, the Indian Institutes of Technology (IITs), have taken decisive action against 22 companies, including tech giant Oracle, by imposing a two-year ban from campus placements. This unprecedented move by the All India Placement Committee (AIPC) comes after these firms collectively revoked over 150 job offers extended to graduating students.

IITs Enforce "Non-Cooperation" Policy After Revoked Offers

The decision was finalized at a recent AIPC meeting held at IIT-Guwahati, addressing a significant increase in post-selection offer withdrawals amidst a cautious global technology hiring market. Rather than explicitly blacklisting, the IITs have termed their action as a period of "non-cooperation," effectively barring the penalized companies from participating in campus recruitment drives for the next two academic years.

The AIPC, which coordinates placement and internship guidelines across all 23 IITs, will formally communicate this action to the affected firms by September 30.

Oracle Leads Revocations, Startups Also Penalized

Among the companies facing the ban, US tech major Oracle is reported to have reneged on approximately 40 job offers made to IIT students across various campuses. An IIT-Guwahati Associate Professor confirmed that Oracle has not approached the institutes for recruitment drives this year. This aligns with Oracle's broader global workforce reductions, which have also impacted its Indian operations.

Several tech startups are also included in the list of penalized entities, with individual firms reportedly pulling back between 10 to 15 offers each, contributing to the total of over 150 withdrawn offers.

Mitigating Impact and Safeguarding Student Futures

To support the affected graduates, individual IIT placement offices have proactively circulated candidate resumes among existing corporate recruiters. While these efforts aim to secure alternative placements, a comprehensive tally of students who have found new roles, either through campus support or independent channels, remains unavailable.

This crackdown underscores a growing concern regarding reliability in India's top-tier campus recruitment landscape. Last year, 10 to 11 companies received warnings for similar non-compliance. The doubling of this number to 22 firms this year signals a stern stance by the IITs to protect student interests ahead of upcoming placement cycles and ensure the integrity of the recruitment process.

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