Oracle lays off 21,000 employees (13% of workforce) citing AI adoption and automation, warns of further cuts
By
Etiido Uko
Summary
Oracle has laid off 21,000 employees (13% of its workforce) during fiscal year 2026, explicitly attributing the cuts to AI adoption and automation replacing roles. The company disclosed the layoffs in its annual financial regulatory filing, stating that AI deployment "has resulted, and may continue to result, in reductions to our workforce." The restructuring cost Oracle nearly $2 billion, and the company indicated further layoffs are expected as internal AI deployment grows.
Source
bskyOracle lays off 21,000 employees (13% of workforce) citing AI adoption and automation, warns of further cutsshare.googleKey quotes
· 3 pulledThe adoption and deployment of AI technologies across our operations have resulted, and may continue to result, in reductions to our workforce.
Oracle reduced its global workforce by 21,000 employees — approximately 13% of its staff — during the 2026 fiscal year ending May 31, 2026.
The company claims the restructuring cost them almost $2 billion
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