Oracle Revokes Job Offers Made to Students of IIT & Other Biggest Colleges Here's Why The US software giant Oracle has revoked dozens of job offers made to students at India's premier engineering colleges, sending shockwaves through the country's tech community.
The decision comes on the heels of a massive layoff of 20,000 employees across its global offices and is not only a setback for the affected students but also raises concerns about the sustainability of the Indian IT industry.
Oracle's hiring woes are largely due to internal restructuring and headcount related challenges.