Oracle Layoffs, Now Revocation of Offer Letters: Here’s Reason Why Tech Giant Is Retracting Jobs at IITs and NITs

Oracle has withdrawn job offers for students at IITs and NITs following a global restructuring that saw 30,000 layoffs. The company cited internal changes and headcount challenges for the move, which impacts graduates bound by strict campus placement rules. Affected students are now seeking new opportunities as Oracle shifts its focus toward AI infrastructure.