Oracle has cut around 21,000 jobs globally over the past year, with the company's latest annual report pointing directly to artificial intelligence as one of the reasons behind the reduction.
The US software and cloud computing giant said it had about 141,000 full-time employees as of 31 May 2026, down from roughly 162,000 a year earlier. In the filing, Oracle said the 'deployment of AI technologies across our operations has resulted, and may continue to result, in reductions to our workforce.'
