Oracle’s AI pivot cuts deep, lays off 20% of its India workforce

April 2, 2026

, By The Economic Times

Oracle’s AI pivot cuts deep, lays off 20% of its India workforce

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Oracle has cut about 10,000 employees in India, sources familiar with the matter told ET, as part of the global cloud computing major’s worldwide restructuring exercise that has reportedly hit 30,000 employees already and could lead to further retrenchments.

“The company is essentially cutting roles on the tech side, since they are not seeing enough returns on their AI-led investments. In India, they have cut around 10,000 people off the payroll,” a source said about Oracle’s developments.

The cuts have also impacted Oracle Financial Software…

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Oracle’s AI pivot cuts deep, lays off 20% of its India workforce

April 2, 2026

, Published By The Economic Times

Oracle’s AI pivot cuts deep, lays off 20% of its India workforce

Oracle has cut about 10,000 employees in India, sources familiar with the matter told ET, as part of the global cloud computing major’s worldwide restructuring exercise that has reportedly hit 30,000 employees already and could lead to further retrenchments.

“The company is essentially cutting roles on the tech side, since they are not seeing enough returns on their AI-led investments. In India, they have cut around 10,000 people off the payroll,” a source said about Oracle’s developments.

The cuts have also impacted Oracle Financial Software…

Disclaimer

We strive to uphold the highest ethical standards in all of our reporting and coverage. We StartupNews.fyi want to be transparent with our readers about any potential conflicts of interest that may arise in our work. It’s possible that some of the investors we feature may have connections to other businesses, including competitors or companies we write about. However, we want to assure our readers that this will not have any impact on the integrity or impartiality of our reporting. We are committed to delivering accurate, unbiased news and information to our audience, and we will continue to uphold our ethics and principles in all of our work. Thank you for your trust and support.

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Previous News

Vodafone Idea is Going Strong in Mumbai

Next News

Sahi eyes $80 million from Accel Growth, Bessemer, others

The Economic Times

More like this

Popular

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