Oracle cuts 21,000 jobs, citing AI deployment as reason for workforce reduction
By
Osmond Chia
Summary
Oracle cut approximately 21,000 jobs (13% of its workforce) over the past year, reducing its headcount from 162,000 to 141,000 employees as of May 2026. The company attributes these layoffs to the deployment of AI technologies across its operations, stating that AI adoption has resulted and may continue to result in workforce reductions. This move is part of a broader trend among major tech firms investing heavily in AI while simultaneously cutting jobs.
Source
Key quotes
· 1 pulledThe deployment of AI technologies across our operations have resulted, and may continue to result, in reductions to our workforce
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