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

India's $228 billion tech industry, long treated as an engine of job creation and economic stability, is convulsing with mass layoffs and performance management purges as Oracle, Microsoft and other giants recalibrate their global workforces—a shock that threatens to unravel the sector's decades-long promise of reliable middle-class employment. The restructuring, which has already claimed tens of thousands of positions, signals that even tech's most coveted employers now view India as a place to cut costs rather than expand them, a seismic shift in a country where tech jobs have historically insulated workers from economic uncertainty. What began as pandemic-era corrections has hardened into structural downsizing, raising questions about whether

The New Indian Express·Sep 1