"We've basically helped put together all the talent from around the company, sort of pushing in one direction. A lot of it was assembling together all the ingredients we already had and then kind of pushing with relentless sort of focus and pace."
Thousands of Oracle employees in India have received layoff notices as part of what the company described as a 'reduction in force and other terminations.' Indian outlets said between 10,000 and 12,000 employees in the country could be affected.
As the global race to build AI infrastructure accelerates, India has offered foreign cloud providers zero taxes through 2047 on services sold outside the country if they run those workloads from Indian data centers - a bid to attract the next wave of AI computing investment, even as power shortages and water stress threaten expansion in the South Asian nation.
India became the world's largest market for generative AI app downloads in 2025, according to market intelligence firm Sensor Tower, widening its lead over the U.S. as installs jumped 207% year-over-year. Companies including OpenAI, Google, and Perplexity rolled out extended free premium offers to accelerate user growth in the price sensitive market.
companies reduce staff through automating routine work while still struggling to hire AI specialists, despite a surge in client demand for AI. "Top five Indian IT firms added only 17 net employees in the first nine months of FY26 versus 17,764 in the same period last year," said Chirag Mehta, vice president and principal analyst at Constellation Research. "That is what AI-era productivity looks like in practice: more output per employee, fewer benches, and tighter utilization."