Oracle has revealed that artificial intelligence is playing a direct role in workforce reductions across the company, after cutting around 21,000 jobs over the past year and spending $1.84 billion on severance and restructuring costs. The disclosure came in Oracle's latest annual regulatory filing, where the technology giant warned that further job reductions could follow as AI becomes increasingly embedded across its operations.
The filing offers one of the clearest acknowledgements yet from a major technology company that AI is not only changing how work is performed but is also reshaping workforce requirements.
