Oracle India layoffs could impact as many as 2,500 staff members
Larry Ellison started Oracle in 1977 with Bob Miner and Ed Oates, with Ellison serving as CEO for much of the company's history. Oracle is known for its cloud infrastructure, enterprise software and applications, databases, hardware products, and AI technology. According to reports, Oracle had approximately 141,000 full-time employees globally as of May 31, 2026, of which around 92,000 were based outside the USA. Oracle's operations in India had an estimated workforce of 50,000, although this number has not been specifically mentioned in Oracle's latest annual report. Oracle announced that it would cut around 21,000 jobs globally in the 12 months leading up to May 31, 2026. The September layoffs in India are estimated to impact about 2,000–2,500 jobs. No additional cuts can be confirmed at this stage; reports in early September discussed the possibility of further layoffs, but Oracle has not announced any official plan for additional cuts in India. The cuts have been linked in reports to cost reduction, organisational changes, and Oracle's heavy spending on AI technology and cloud infrastructure, while the company has described the terminations as part of an organisational reform programme.
Apple cuts jobs in second layoff round in two months, report says
It appears that Apple’s recent cuts are more related to restructuring and budget cuts than the iPhone 18 Pro release, as this round impacted the Fitness Plus audio-content team instead. It has been reported that Apple cut more than 200 employees in August 2026, including about 100 in the Vision Pro team and almost 100 in other teams involved in working with Siri and other software. The cuts made in September 2026 reportedly affected a small number of employees from the Fitness Plus audio-content team, although Apple did not name the exact number of laid-off employees. No wider layoffs at Apple have been confirmed, however, the latest news seem to hint that Apple may continue its regular restructuring process and keep its expenses down.
Adidas Gurgaon Tech Hub Layoffs: Company Confirms India Technology Job Cuts After September 15 Town Hall
Adidas stated that the restructuring will make operations simpler, improve critical capabilities and align its business with the latest demands of the environment. No exact number of affected persons has been revealed. Adidas indicated that less than 20% of its India Technology division would be affected, while earlier reports estimated that about 300–350 people at the Gurugram facility could be impacted. The affected roles are reported to include software engineers, data scientists and data engineers. Some employees received termination letters on September 15, while others were asked to remain until December 15 to support the handover process and explore other job opportunities. Adidas has not announced any new layoff round in India and has stated that India remains strategically important. The company continues to invest in developing its technology capabilities and has open positions in its India office. Earlier reports had suggested that layoffs could affect around 45–50% of employees at the Gurugram office.
Samsung India Asks 100 Executives To Leave, More Cuts May Follow
According to reports, Samsung India has asked about 100 top-level executives to resign from the company as the business has begun a workforce reduction program. The reported move is part of efforts to adjust its workforce and meet changing business objectives. Reports also suggest that Samsung India could consider additional executive departures in the future, although the company has not publicly confirmed the exact scale or timing of any further cuts.
PayPal Cuts 220 India Jobs as Part of Previously Announced Restructuring Plan, Source Says
As part of its previously announced multi-year restructuring and transformation plan, PayPal has cut approximately 220 jobs in India, according to a Reuters report that cited a source familiar with the matter. According to the company, the changes aim to streamline global operations, improve execution and support long-term growth. PayPal has set a target of $400 million in cost reductions by the end of 2026 and at least $1.5 billion over the next two to three years through measures such as reducing layers of management, improving productivity and adopting more AI and automated technologies.
Private Banks Cut 13,000 Jobs Despite Opening New Branches
In FY26, four major private banks in India — ICICI Bank, HDFC Bank, Axis Bank and Kotak Mahindra Bank — saw their combined employee headcount decline by about 13,000, even as they continued to open new branches. ICICI Bank recorded the largest decrease, while the other banks also reported lower employee numbers. The decline has been linked to a combination of slower replacement hiring, natural attrition, automation, digital banking systems and centralized operations. At the same time, banks continued expanding their branch networks, reflecting a shift away from routine transaction-processing branches toward locations focused more on sales, customer acquisition and relationship management.
Volkswagen Layoffs: Company to Cut 12% Workforce in India, ‘To Save Tens of Millions of Dollars’
Volkswagen Group is accelerating its restructuring plan in India over a three-year period. The plan is expected to reduce the company’s workforce in India by 12% by 2027 and could affect both white-collar and shop-floor roles. The restructuring began in 2025 and is focused on reducing operating costs. The company expects the measures to generate savings of tens of millions of dollars in India ahead of its next phase of investment, which is expected to include new-generation vehicles and an electric car.
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