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The withdrawn offers reportedly cover both full-time roles for the graduating Class of 2026 and summer internship positions. Campus placement sources estimate that more than 50 offers may have been revoked across institutions, reports The Economic Times.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 reportedly conducted aggressive hiring during the latest placement season, extending 25 to 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 the affected numbers ranging from 2 to 5 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, as companies increasingly reorganize 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 at around $300 billion.
The partnership centers on building and expanding large-scale data centers 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 to AI infrastructure, cloud services, and data center 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 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 AI directly replaced my work,” the former employee said.
According to him, AI tools mainly automate 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 criticized the abrupt way the layoffs were handled.
“It was just a morning at the mail, no meeting, no talks with the 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.
