06/23/2026
https://www.cnbc.com/amp/2026/06/23/oracle-ai-job-cuts-layoffs-21000.html
The company's total workforce stands at 141,000 full-time employees as of May 2026, it said in its annual regulatory filing on Monday. That's down from 162,000 employees at the same time the previous year. This represents an almost 13% cut in its total workforce.
"The adoption and deployment of AI technologies across our operations have resulted, and may continue to result, in reductions to our workforce," Oracle said.