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The Economic Times
The Economic Times
Sreeradha Basu and Prachi Verma

After mass layoffs, Oracle pulls campus offers at IITs & NITs

US technology company Oracle has revoked dozens of job offers made to students at premier engineering colleges including Indian Institutes of Technology and National Institutes of Technology.

The development, coming after recent mass layoffs at the company—one of the global leaders in enterprise software—aggravates concerns at a time when the placement season is nearing its end and hiring in the technology sector remains slow.

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According to placement cells at several institutes, multiple offers for both full-time employees (FTEs) from the Class of 2026 as well as summer interns have been revoked by Oracle at IIT-Delhi, IIT-Kanpur, IIT-Kharagpur, IIT-Guwahati, IIT-Madras, IIT-BHU, IIT-Hyderabad, IIT-Roorkee, NIT-Warangal and MNNIT-Allahabad, among others. An affected student, Aditya Kumar Barawal, who took to LinkedIn to voice his concerns, cited “internal restructuring and headcount-related challenges” for Oracle’s decision.

Oracle had hired heavily, making up to 25-35 offers on some campuses for FTEs and summer interns. While the number of offers revoked range between two and five at each of the colleges ET spoke to, the sudden withdrawals have led to anxiety among students who are now scrambling for alternative opportunities in the fag end of the placement season. More than 50 offers are likely to have been revoked, estimated campus sources.

Also Read: Over 100,000 jobs cut in tech so far in 2026 as AI drives layoffs at Amazon, LinkedIn, others

Oracle did not reply to an email seeking comment till the time of going to press Thursday.

Placement committees and alumni are prioritising support for affected candidates, who are also taking to social media for help.

According to placement officials, Oracle recruits for application developer and server technology roles and usually gets prime hiring slots that are reserved for key recruiters during campus placements.

Placement cells said while this issue will be taken up, the first priority right now is to get alternative jobs for students who have lost out.

“In total, IIT-Guwahati received more than 10 offers and the company has revoked four of these. According to All IITs Placement Committee (AIPC) guidelines, a company that rescinds offers usually pays three months’ salaries to students as compensation. We are in talks with the company to reconsider,” said John Jose, head of the Centre for Career Development at IIT-Guwahati and also the Convener of AIPC.

Oracle, he said, has been one of the leading recruiters at the IITs.

“As campus placement drives for the year are almost over, getting new jobs of matching profiles is difficult for these students who are impacted," he added.

At IIT-Kanpur, three full-time and one summer internship offer from the total of 29 made by Oracle have been revoked, said people in the know. Two offers each have been withdrawn at MNNIT-Allahabad and IIT-BHU, while three final offers have been revoked at IIT-Delhi. At IIT Hyderabad, out of 23 final plus internship offers, five offers have been revoked, and at IIT-Roorkee four offers have been revoked out of a total of 14 received from Oracle, they said.

At IIT-Kharagpur, besides Oracle that revoked two offers, companies like EMA.ai, SuperAGI, and Interview Kickstart have also withdrawn final offers. Kharagpur's placement cell is forwarding resumes of these students to all potential recruiters.

PV Suresh, head of the Centre for Career Planning and Development at NIT-Warangal, said affected students can participate in the ongoing and upcoming placement drives for the remainder of the current placement season. “The institute has been actively supporting them through recommendations and outreach to reputed organisations for alternative opportunities,” he said.

Placement heads at a couple of old IITs said the matter will be taken up by the AIPC. In the past, companies that have not honoured offers have sometimes been blacklisted. However, students said Oracle, because of its scale and hiring numbers, may well get away without facing such a sanction.

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