For one NIT student, receiving an offer from Oracle after multiple failed placement attempts felt like a life-changing breakthrough. After months of uncertainty during a difficult campus hiring season, he believed he had finally secured his future. His family celebrated the achievement, and relatives were informed with pride.
But that excitement quickly turned into disappointment when Oracle reportedly revoked offers made to several students from IITs and NITs, leaving many engineering graduates uncertain about their careers in an already challenging job market.
The student, who chose to remain anonymous, said he had cleared three rounds of interviews before receiving the offer in October along with three of his batchmates. For someone who had faced six unsuccessful placement attempts earlier, getting selected by Oracle came as a huge surprise and emotional relief.
Another student, Smit Jogani from an NIT, shared a similar experience. He had completed a two-month internship with Oracle’s Corporate Architecture division in 2025 and waited nearly a year for clarity regarding his pre-placement offer.
During that period, the division was reportedly dissolved, and he was shifted to Oracle Health and AI (OHAI), the company’s healthcare infrastructure unit. While students selected for other Oracle divisions reportedly started receiving offer letters and background verification emails earlier this month, Jogani said he instead received communication asking him to begin the application process again despite already receiving confirmation earlier.
Around May 12 and 13, several students were informed that their offers had been revoked. The news reportedly left many shocked and helpless, especially because most had already stopped participating in campus placements after securing Oracle offers.
Many IITs and NITs follow a “One Student, One Job” placement policy, which prevents students from sitting for additional companies once they secure an offer. As a result, several affected students lost the opportunity to explore alternative placements during the recruitment season.
Students say the timing made the situation even more stressful because the current technology hiring environment remains weak due to layoffs, AI-led restructuring, and slower recruitment across the global tech industry.
According to Jogani, Oracle selected 25 interns from his institute, later revoking offers for two of them. Separately, six students were reportedly hired through campus placements, with only his offer being withdrawn because the OHAI division itself was being shut down.
The development has reportedly forced many students to lower their salary expectations significantly. Candidates who initially expected annual packages in the ₹30–36 lakh range are now re-entering the market seeking jobs with salaries closer to ₹12–15 lakh per annum.
Several students say they now have little bargaining power as freshers in the current market conditions. Some also admitted the situation has created financial pressure at home, especially for families depending on those anticipated salaries for loans and long-term financial planning.
Students also pointed out that hiring conditions remained difficult throughout their engineering years, with global economic uncertainty, layoffs, and geopolitical tensions further reducing opportunities across the technology sector.
The situation has highlighted growing concerns around delayed onboarding, shrinking placement opportunities, and revoked offers, creating a much different reality from the booming tech hiring environment many students had expected when they first entered engineering colleges.
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