50+ IIT Students Lose Oracle Job Offers After Mass Layoffs | Full Story Inside

Oracle has revoked over 50 campus job offers at top Indian engineering colleges including IITs and NITs following company wide layoffs. Here’s the full story, what it means for affected students, and what they can do next.

Oracle has cancelled dozens of full-time and internship offers made to students at IITs and NITs across India. The company cited “internal restructuring and headcount-related challenges.” More than 50 students are affected at a time when the campus placement season is nearly over, making it harder to find alternative job opportunities.

Imagine spending four years at one of India’s most competitive engineering colleges, clearing a gruelling placement process, and finally landing a job offer from a global tech giant – only to have it taken away without warning.

That is exactly what is happening right now for dozens of students at IITs and NITs across India. Oracle, one of the world’s biggest enterprise software companies, has revoked job and internship offers from students at premier institutions – and the timing couldn’t be worse.

With the campus placement season almost at its end and the tech hiring market already sluggish, affected students are scrambling. Here is everything you need to know – from what happened, to which colleges are affected, to what students can do next.

What Happened? Oracle’s Sudden U-Turn

Oracle had been one of the most active recruiters on Indian engineering campuses this year. The company made between 25 to 35 offers at some colleges, covering both full-time roles for the graduating Class of 2026 and summer internship positions.

Then came the blow. Following a round of mass layoffs globally, Oracle informed several campus placement cells that it was revoking a number of these offers. The official reason, cited by an affected student on LinkedIn, was “internal restructuring and headcount-related challenges.”

In simple terms the company over-hired and is now pulling back.

Which Colleges Are Affected?

According to placement cells at various institutes, the following colleges have confirmed offer revocations:

IIT Delhi – 3 full-time offers revoked
IIT Kanpur – 3 full-time + 1 internship offer revoked
IIT Kharagpur – 2 offers revoked (plus other companies also pulled out)
IIT Guwahati – 4 out of 10+ offers revoked
IIT Madras – offers revoked (numbers under confirmation)
IIT BHU – 2 offers revoked
IIT Hyderabad – 5 out of 23 offers revoked
IIT Roorkee – 4 out of 14 offers revoked
NIT Warangal – offers revoked
MNNIT Allahabad – 2 offers revoked

Campus sources estimate that more than 50 offers in total have likely been pulled back though the exact number could be higher.

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Why Is This Such a Big Deal?

The Timing Is the Worst Part

Campus placement drives at most IITs and NITs are nearly over for the 2025–26 academic year. Finding a new job of a matching profile in terms of role, salary, and career track is extremely difficult at this stage.

As John Jose, Head of Career Development at IIT Guwahati and Convener of the All IITs Placement Committee (AIPC), put it: the jobs that remain open now are unlikely to match what Oracle was offering.

Oracle Was a Top Recruiter That Makes It Worse

Oracle typically gets prime recruitment slots on IIT campuses because it is considered one of the key employers. Students who accepted Oracle’s offer likely declined or didn’t pursue other companies. Now, those windows have closed.

Tech Hiring Is Already Slow

The broader technology sector has been in a cautious hiring phase throughout 2024–25. Large layoffs at global tech firms have made the market competitive, and fresh graduates are feeling that pressure directly.

What Compensation Are Affected Students Entitled To?

The AIPC Compensation Rule

Under guidelines set by the All IITs Placement Committee, any company that rescinds a confirmed job offer is typically required to pay three months’ salary as compensation to the affected student.

IIT Guwahati has confirmed it is in discussions with Oracle to honour this obligation. Whether Oracle complies or faces any formal consequences remains to be seen.

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Could Oracle Be Blacklisted?

In the past, companies that have not honoured offers have been blacklisted from campus recruitment. However, given Oracle’s scale and the large volume of offers it makes each year, students themselves have noted that the company may not face that consequence this time around.

What Is Happening at IIT Kharagpur?

IIT Kharagpur is a particularly affected campus this season. In addition to Oracle revoking two offers, other companies including EMA.ai, SuperAGI, and Interview Kickstart have also pulled back final offers.

The placement cell at Kharagpur is actively forwarding student resumes to all potential recruiters to help affected students find alternatives quickly.

What Support Are Colleges Providing?

Placement committees and alumni networks are stepping up to help. Here is what institutions are doing:

Forwarding resumes of affected students to companies across industries
Recommending students directly to senior contacts at reputed organisations
Allowing affected students to participate in remaining placement drives for this season
Taking up the issue collectively through the All IITs Placement Committee (AIPC)
Negotiating with Oracle for the mandatory three-month compensation

At NIT Warangal, placement head PV Suresh confirmed that the institute has been actively reaching out to organisations on behalf of affected students.

What Can Affected Students Do Right Now?

Immediate Steps to Take

Contact your placement cell immediately – they are actively looking for alternatives and need your updated resume.
Update your LinkedIn profile – several students have already used social media to surface their situation and receive help from the wider alumni and tech community.
Apply to off-campus roles – many companies hire year-round outside of campus cycles. Use portals like LinkedIn, Naukri, and company career pages directly.
Reach out to alumni networks – your college alumni are your biggest asset. A warm referral goes further than a cold application.
Follow up on compensation – if your offer has been revoked, check with your placement cell about the AIPC’s three-month salary compensation rule and whether it is being pursued.

Conclusion

Oracle’s mass revocation of campus offers is a harsh reminder that even the most prestigious placement offers are not 100% secure until you walk in the door on day one.

For the students affected, this is undeniably stressful but it is not a dead end. Placement cells, alumni networks, and the wider tech community are rallying to help. The situation also highlights a systemic problem: campus placement ecosystems need better safeguards and enforcement mechanisms to hold companies accountable when they rescind confirmed offers.

If you or someone you know is affected, take action now reach out to your placement cell, activate your networks, and explore every avenue available. The job market is tough, but students from IITs and NITs have strong profiles that will find takers.