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Oracle Cuts 21,000 Jobs Amid AI Adoption and Workforce Automation

Oracle has reduced its workforce by 21,000 jobs over the past year, as disclosed in a Form 10-K filing, attributing the cuts to the company's embrace of artificial intelligence, automation of white-collar jobs, and a broader restructuring.

23 Jun, 02:21 — 23 Jun, 12:59
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Showing 9 of 18 sources
BBCHigh4d ago

Tech giant Oracle cuts 21,000 jobs as it embraces AI

The cuts are part of a wider trend among tech firms as they spend hundreds of billions of dollars on AI.

Read full article →
cnbcMostly Factual4d ago

Oracle shed 21,000 roles over the past year amid wave of AI layoffs from tech giants

"The adoption and deployment of AI technologies across our operations have resulted, and may continue to result, in reductions to our workforce," Oracle said.

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YahooMostly Factual3d ago

Oracle cut 21,000 jobs as AI buildout continues

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indian-expressMostly Factual4d ago

Oracle sheds 21,000 employees while ramping up AI investments

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ndtvMostly Factual4d ago

Oracle Cut 21,000 Jobs in 12 Months Amid AI Adoption

Oracle reduces workforce by 21,000 employees following AI adoption.

Read full article →
seeking-alphaMixed4d ago

Oracle cut 21,000 jobs over past year as AI adoption reshaped operations

Read full article →
zerohedgeLow3d ago

Oracle Cuts 21,000 Jobs As AI Adoption Deepens And Credit Risk Flashes GFC-Era Highs

Oracle Cuts 21,000 Jobs As AI Adoption Deepens And Credit Risk Flashes GFC-Era Highs Oracle disclosed in a Form 10-K filing that it reduced its workforce by 21,000 employees over the past year as it automates white-collar jobs and frees up cash to splurge on AI infrastructure buildouts. "Our periodic workforce restructurings and reorganizations can be disruptive,"  Oracle said in the annual financial regulatory publsihed on Monday, adding, "We have an existing restructuring plan...

By Tyler Durden

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Daily SabahMixed4d ago

Oracle workforce down by 21,000 in year amid AI-led restructuring

The workforce of U.S. software giant Oracle contracted by about 21,000 people over the past fiscal year as the company reorganized operations around artificial intelligence and clo...

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myjoyonlineMixed4d ago

Tech giant Oracle cuts 21,000 jobs as it embraces AI

Oracle shed about 21,000 roles globally in the last year as the US technology giant reshapes its business around artificial intelligence (AI), the firm's latest annual report shows.

By Abubakar Ibrahim

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Coverage Timeline

First report: bloomberg · 22 Jun, 22:00Full coverage: 18 · 15hWindow: 15h
Left-leaningCenterRight-leaning
bloomberg22 Jun, 22:00First to report

Oracle Cut 21,000 Employees in 2026, Says AI Replaced Some Jobs - Bloomberg.com

4h later
faz23 Jun, 02:17

KI-Umbau: Oracle streicht rund 21.000 Stellen

BBC23 Jun, 02:21

Tech giant Oracle cuts 21,000 jobs as it embraces AI

indian-express23 Jun, 02:41

Oracle sheds 21,000 employees while ramping up AI investments

die-presse23 Jun, 03:13

US-Softwarekonzern Oracle streicht rund 21.000 Tausende Stellen

ndtv23 Jun, 03:57

Oracle Cut 21,000 Jobs in 12 Months Amid AI Adoption

myjoyonline23 Jun, 04:15

Tech giant Oracle cuts 21,000 jobs as it embraces AI

1h later
orf23 Jun, 05:17

Oracle: Rund 21.000 Stellen gestrichen

1h later
der-standard23 Jun, 06:23

Oracle hat im Zuge seines KI-Umbaus rund 21.000 Stellen gestrichen

klix-ba23 Jun, 06:38

Tehnološki gigant Oracle zbog umjetne inteligencije otpustio 21.000 radnika

digi2423 Jun, 06:52

Inteligența artificială „a măturat” zeci de mii de locuri de muncă la Oracle, Amazon și Meta

seeking-alpha23 Jun, 07:39

Oracle cut 21,000 jobs over past year as AI adoption reshaped operations

Daily Sabah23 Jun, 07:41

Oracle workforce down by 21,000 in year amid AI-led restructuring

2h later
cnbc23 Jun, 10:09

Oracle shed 21,000 roles over the past year amid wave of AI layoffs from tech giants

2h later
observador23 Jun, 12:27

Oracle corta 21 mil postos de trabalho devido à IA

zerohedge23 Jun, 12:30

Oracle Cuts 21,000 Jobs As AI Adoption Deepens And Credit Risk Flashes GFC-Era Highs

naftemporiki23 Jun, 12:56

Oracle: Έκοψε 21.000 θέσεις εργασίας σε έναν χρόνο λόγω ΑΙ

Yahoo23 Jun, 12:59Latest update

Oracle cut 21,000 jobs as AI buildout continues