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Fresh uncertainty has hit engineering placements across India after Oracle reportedly withdrew multiple job and internship offers from students at several top institutes, including IITs and NITs.
According to a report by The Economic Times, the affected campuses include IIT-Delhi, IIT-Kanpur, IIT-Kharagpur, IIT-Guwahati, IIT-Madras, IIT-BHU, IIT-Hyderabad, IIT-Roorkee, NIT-Warangal and MNNIT-Allahabad, among others. This comes after Oracle announced thousands of job cuts, including in India.
The withdrawn offers reportedly cover both full-time roles for the graduating Class of 2026 as well as summer internship positions. Campus placement sources estimate that more than 50 offers may have been revoked across institutions, reports The Economic Times.
Oracle had reportedly conducted aggressive hiring during the latest placement season, extending between 25 and 35 offers at some campuses for software engineering and internship roles.
However, placement cells told The Economic Times that the company later began retracting selected offers, with affected numbers ranging from two to five students at individual institutes.
One affected student, Aditya Kumar Barawal, publicly raised the issue on LinkedIn, claiming Oracle cited “internal restructuring and headcount-related challenges” as the reason behind the withdrawals.
The situation has added to growing concerns among students entering the technology industry at a time when companies are increasingly reorganising teams around AI-driven priorities.
Oracle has been reshaping operations to support its massive investments in AI infrastructure and cloud computing. A key part of that push involves Oracle’s reported long-term cloud agreement with OpenAI, estimated to be worth around $300 billion.
The partnership centres on building and expanding large-scale data centres capable of handling advanced AI workloads similar to those powering ChatGPT and other generative AI systems.
Oracle’s AI expansion has come alongside widespread restructuring across multiple business units.
Reports suggest that between 10,000 and 30,000 roles globally could be impacted as the company reallocates resources towards AI infrastructure, cloud services and data centre expansion. In India alone, an estimated 12,000 employees are believed to have been affected.
The cuts have reportedly extended across cloud operations, healthcare, sales divisions and NetSuite teams.
An affected Oracle employee who spoke to Firstpost on condition of anonymity said the layoffs did not appear directly linked to employees being replaced by AI systems.
“We have been using Oracle AI for a long time. But, I don’t think my work was directly replaced by AI,” the former employee said.
According to him, AI tools mainly automated repetitive engineering tasks such as validations, data processing and API integrations within backend development environments using Java and Spring Boot.
“With this approach, we mainly focused on writing the core logic and tools like Oracle AI helped in generating the solutions,” he explained.
The employee described the layoffs as part of a broader financial and strategic restructuring effort tied to Oracle’s AI ambitions rather than performance-related decisions.
“No specific individual reason was communicated,” he said. “The layoffs did not appear to be performance-based or due to a lack of AI-related skills, but more aligned with financial and strategic restructuring.”
He also criticised the abrupt manner in which the layoffs were handled.
“It was just a morning a mail, no meeting, no talks with manager, nothing,” he said.
As Oracle accelerates its AI investments, the simultaneous layoffs and campus offer withdrawals are becoming a stark example of how the transition towards AI-focused business models is reshaping hiring, workforce planning and employee confidence across the technology sector.
According to a report by The Economic Times, the affected campuses include IIT-Delhi, IIT-Kanpur, IIT-Kharagpur, IIT-Guwahati, IIT-Madras, IIT-BHU, IIT-Hyderabad, IIT-Roorkee, NIT-Warangal and MNNIT-Allahabad, among others. This comes after Oracle announced thousands of job cuts, including in India.
The withdrawn offers reportedly cover both full-time roles for the graduating Class of 2026 as well as summer internship positions. Campus placement sources estimate that more than 50 offers may have been revoked across institutions, reports The Economic Times.
Oracle revokes offer letters
Oracle had reportedly conducted aggressive hiring during the latest placement season, extending between 25 and 35 offers at some campuses for software engineering and internship roles.
However, placement cells told The Economic Times that the company later began retracting selected offers, with affected numbers ranging from two to five students at individual institutes.
One affected student, Aditya Kumar Barawal, publicly raised the issue on LinkedIn, claiming Oracle cited “internal restructuring and headcount-related challenges” as the reason behind the withdrawals.
The situation has added to growing concerns among students entering the technology industry at a time when companies are increasingly reorganising teams around AI-driven priorities.
Oracle has been reshaping operations to support its massive investments in AI infrastructure and cloud computing. A key part of that push involves Oracle’s reported long-term cloud agreement with OpenAI, estimated to be worth around $300 billion.
The partnership centres on building and expanding large-scale data centres capable of handling advanced AI workloads similar to those powering ChatGPT and other generative AI systems.
Oracle laid off 30,000 employees to invest in AI
Oracle’s AI expansion has come alongside widespread restructuring across multiple business units.
Reports suggest that between 10,000 and 30,000 roles globally could be impacted as the company reallocates resources towards AI infrastructure, cloud services and data centre expansion. In India alone, an estimated 12,000 employees are believed to have been affected.
The cuts have reportedly extended across cloud operations, healthcare, sales divisions and NetSuite teams.
An affected Oracle employee who spoke to Firstpost on condition of anonymity said the layoffs did not appear directly linked to employees being replaced by AI systems.
“We have been using Oracle AI for a long time. But, I don’t think my work was directly replaced by AI,” the former employee said.
According to him, AI tools mainly automated repetitive engineering tasks such as validations, data processing and API integrations within backend development environments using Java and Spring Boot.
“With this approach, we mainly focused on writing the core logic and tools like Oracle AI helped in generating the solutions,” he explained.
The employee described the layoffs as part of a broader financial and strategic restructuring effort tied to Oracle’s AI ambitions rather than performance-related decisions.
“No specific individual reason was communicated,” he said. “The layoffs did not appear to be performance-based or due to a lack of AI-related skills, but more aligned with financial and strategic restructuring.”
He also criticised the abrupt manner in which the layoffs were handled.
“It was just a morning a mail, no meeting, no talks with manager, nothing,” he said.
As Oracle accelerates its AI investments, the simultaneous layoffs and campus offer withdrawals are becoming a stark example of how the transition towards AI-focused business models is reshaping hiring, workforce planning and employee confidence across the technology sector.
