Oracle cuts 21,000 jobs in AI-driven restructuring
By
Osmond Chia
Summary
Oracle cut approximately 21,000 jobs globally over the past year, reducing its workforce from 162,000 to 141,000 full-time employees as of May 2026. The layoffs are part of a strategic shift as the company restructures its business around artificial intelligence. This move reflects a broader trend among major tech firms that are investing hundreds of billions of dollars into AI while reducing their overall headcount.
Source
bskyOracle cuts 21,000 jobs in AI-driven restructuringbbc.comKey quotes
· 3 pulledOracle shed about 21,000 roles globally in the last year as the US technology giant reshapes its business around artificial intelligence (AI)
The software and cloud computing firm says it had around 141,000 full-time employees as of 31 May 2026, down from about 162,000 workers at the same time last year
The cuts are part of a wider trend among tech firms as they spend hundreds of billions of dollars on AI.
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