21,000 Jobs Gone as Oracle Turns AI Into a Budget Knife

Oracle cut 21,000 jobs in a year and says AI could shrink its workforce further as spending shifts to data centers.

Oracle cut about 21,000 jobs in a year while racing into AI infrastructure, turning artificial intelligence from a productivity pitch into a hard budget re...
The company had around 141,000 full-time employees as of 31 May 2026, down from about 162,000 a year earlier, its latest annual report shows, according to BBC ...
> “The deployment of AI technologies across our operations have resulted, and may continue to result, in reductions to our workforce,” the report says.
Oracle’s 21,000 Job Cuts Show AI Is Becoming a Budget Reallocation Strategy, Not Just a Productivity Tool

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