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‘Layoffs Are Brutal’: Bengaluru CEO on Friend Laid Off After Buying New House

  • Oracle has initiated a new round of layoffs in India, mainly affecting product engineering teams and some senior employees, with estimates of 1,000 to 3,000 employees impacted, though exact numbers remain unconfirmed.
  • The layoffs began shortly after similar job cuts in the US starting September 14, as part of a broader global restructuring that has already reduced Oracle's workforce by roughly 21,000 employees during fiscal 2026.
  • Oracle is increasing investments in artificial intelligence, cloud infrastructure, and data-center capacity while reducing costs in other areas, indicating a strategic shift in workforce priorities.
  • Employees in affected units were reportedly caught by surprise, with little prior indication from management, causing uncertainty among staff due to the phased rollout and possible further cuts.
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The Workers Rights broke the news on Tuesday, September 15, 2026.
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