Hyderabad: A software engineer from Hyderabad has started looking for new job opportunities after being laid off from Microsoft with a ‘too young’ remark.
The engineer, who has around three years of experience, shared his situation on Reddit.
Engineer says he is sole family earner
According to his Reddit post, the engineer is the sole earning member of his family. He said he supports his parents, contributes towards his sister’s education and is also managing a loan taken by his father.
He said his manager told him during the layoff call that his relatively young age and an assumption that he did not have major responsibilities were factors behind his inclusion in the headcount reduction.
However, the engineer said he believes this was probably an attempt by his manager to console him and was not necessarily the actual reason for the layoff.
Oracle lays off 12,000 staff in India
Earlier, US-based IT firm Oracle is believed to have laid off approximately 12,000 staff in India.
Globally, the company has fired around 30,000 employees.
The company has approximately 30,000 employees in India, including those affected by the layoffs.
Oracle declined to comment on the development.
Oracle, in an email sent to staff, said the employees were informed about certain organisational changes and “because of these changes, a decision has been taken to streamline the operations, and as a result, unfortunately, the position you currently hold will become redundant.”
The company has offered 15 days’ salary to each employee who has completed a year of service in India, in addition to one month of unpaid wages till termination date, leave encashment, gratuity based on eligibility and pay for a one-month notice period.
Oracle has also offered a two-month salary as a top-up.
However, the severance package is available for those who voluntarily and amicably resign from the company.
