IITs to restrict 22 companies including Oracle from campus hiring over not fulfilling job offers

IITs have decided to stop cooperating with 22 companies in campus recruitment for next two placement seasons after firms failed to honour over 150 job offers across 23 IITs, ET reported. Oracle, which has reportedly sacked around 3,000 employees in India, is among companies expected to face a two-year restriction. It didn't fulfil around 40 offers made to IIT students.