Oracle has begun a new wave of layoffs, impacting employees across its global operations, with a notable effect on its workforce in India. The cuts, which started in the US on September 14, 2026, quickly extended to Indian employees, particularly within product engineering and senior leadership roles.
Widespread Impact on Product Engineering and Senior Staff
Reports indicate that a significant number of employees, including those at Oracle Financial Services Software (OFSS), have been affected. Many impacted individuals have shared their experiences on professional networking sites like LinkedIn, expressing disappointment over the sudden job loss.
While the precise global headcount reduction remains fluid, initial estimates suggest around 3,000 employees were impacted globally. Other reports indicate that Oracle's global workforce might have seen a reduction of 5,000 to 6,000 employees over a single weekend in mid-September. These numbers are expected to rise as the company continues its restructuring efforts across various teams and functions.
Restructuring Driven by AI and Cloud Investment
These recent layoffs align with Oracle's strategic decision to heavily invest in cloud infrastructure and artificial intelligence. The company's increased focus on AI-driven services and automation is making many mid-level to senior technology roles vulnerable.
Affected employees are reportedly being offered a severance package consisting of four weeks of base salary, plus an additional week's pay for each year of service. Beyond current employees, Oracle has also revoked job offers previously extended to fresh graduates in India, affecting numerous students who had secured positions through campus placements.
Previous Reductions and Future Outlook
This round of job cuts follows a larger layoff drive on May 31, 2026, which impacted over 21,000 employees, representing approximately 13% of Oracle's total workforce at the time. The ongoing reductions underscore Oracle's commitment to realigning its resources towards strategic growth areas, primarily cloud and AI, while streamlining other operations.
As the restructuring continues, the final number of affected employees this month could increase, marking a significant period of transition for the tech giant.