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Times of India·3 min read·medium

India’s tech jobs face another jolt: Oracle to cut 3,000, Microsoft puts 500 on PIPs

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TOI BUSINESS DESK
India’s tech jobs face another jolt: Oracle to cut 3,000, Microsoft puts 500 on PIPs
AI Summary

Microsoft and Oracle are adjusting their workforces in India, with Microsoft placing some employees on performance improvement plans and Oracle preparing for significant job cuts. Industry experts suggest these moves reflect broader global tech sector reorganization rather than isolated incidents.

Why it matters

These workforce changes highlight the ongoing instability and shifting priorities within the global technology sector, specifically impacting the Indian labor market.

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Layoffs have headlined the global tech landscape for over a year now and the trend continues as the industry faces one its biggest disruptions in recent years. In India too the tech hiring and firing situation is evolving fast.Global tech giant Microsoft has put around 500 employees in India on performance improvement plans (PIPs), while Oracle is preparing to cut roughly 3,000 jobs in the country as technology companies reorganise their workforces and redirect spending towards newer areas.

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