Oracle layoffs, Microsoft PIPs: Workforce restructuring hits India’s tech sector

India's booming tech sector, long insulated from Silicon Valley's boom-and-bust cycles, is now experiencing its own reckoning as Oracle and Microsoft begin aggressive layoffs and performance reviews targeting thousands of workers, signaling that no geography—no matter how strategically valuable to Big Tech—is immune from cost-cutting pressures. The restructuring marks a pivotal moment for India's IT workforce, which has grown accustomed to job security and steady expansion, forcing the country's tech professionals to confront a reality their counterparts in the U.S. have weathered for months. What unfolds in India could reshape the global outsourcing model that has defined the country's tech economy for two decades.

The New Indian Express·Sep 1