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Oracle Cuts 21,000 Jobs in 12 Months, Citing AI Adoption as a Factor

Brody Ford

3d ago· 1 min readenNews

technology business corporate layoffs ai & automation

Summary

Oracle reduced its workforce by 21,000 employees over the past 12 months, a larger reduction than previously disclosed. The company explicitly stated in a regulatory filing that AI adoption and deployment contributed to these job cuts and may continue to lead to further workforce reductions.

Source

bskyOracle Cuts 21,000 Jobs in 12 Months, Citing AI Adoption as a Factorbloomberg.com

Key quotes

· 1 pulled

The adoption and deployment of AI technologies across our operations have resulted, and may continue to result, in reductions to our workforce.

Snippet from the RSS feed

Oracle Corp. reduced its workforce by 21,000 employees in the past 12 months, a wider scale than previously known, including those whose jobs were eliminated by the use of artificial intelligence.

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