# US tech giant Oracle has rescinded dozens of job offers extended to students at premier Indian engineering institutes, including IITs and NITs.

*business · news · 2026-05-14 · The Economic Times*

## Key points

- Oracle has revoked over 50 job and internship offers at leading IITs and NITs in India.
- The rescinded offers impacted final placements and internships, affecting students from the Class of 2026.
- Oracle cited 'internal restructuring and headcount-related challenges' for the decision to withdraw offers.
- According to AIPC guidelines, companies that rescind offers are usually expected to pay three months’ salary as compensation.
- Other companies, including EMA.ai and SuperAGI, have also revoked offers at IIT-Kharagpur recently.

**Companies:** Oracle, EMA.ai, SuperAGI, Interview Kickstart
**Countries:** United States, India

[Read the full story on The Economic Times](https://economictimes.indiatimes.com/tech/technology/after-mass-job-cuts-oracle-now-rescinds-offers-to-students/articleshow/131098775.cms)

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