Oracle Fired 30,000 Employee, 12000 Indians Lost Their Jobs

Oracle just pulled off one of those gut-punch layoffs that hit like a cold slap in the face.

They did it right after posting their best quarter in 15 years, raking in a whopping 1.6 lakh crore rupees. Yet, despite all that money pouring in, the company is showing the door to one out of every five employees. Software engineers in India, America, and a bunch of other countries are getting caught in the crossfire.

For the 20,000 to 30,000 people still clocking in at Oracle, Tuesday morning, March 31, turned into a nightmare. Around 6 a.m., an email from “Oracle Leadership” landed in thousands of inboxes. It was simple, brutal, and final. It basically said: your job is gone, effective right now. No long explanation, no sit-down chat. And just like that, their work laptops got locked out. No heads-up from the boss, no call from HR, nothing. Just one email and poof, then access gone.

This bloodbath is expected to save the company somewhere between 8 and 10 billion dollars in cash. Oracle hasn’t said a word officially, but social media is full of people posting about colleagues getting the axe through these dawn emails.

Reports say around 12,000 of the cuts hit India alone, mostly folks working on the cloud systems.

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This is happening while Oracle is going all-in on AI. They’re pouring billions into new infrastructure and data centers, including a jaw-dropping 156 billion dollar deal with OpenAI to build them over the next five years. That same push briefly made founder Larry Ellison the richest person on the planet back in September 2025, Oracle’s stock shot up to $346 and everything looked golden. Fast-forward to now, though, and the stock’s tumbled to about $146. Larry’s fortune has shrunk from $393 billion all the way down to $192 billion.