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Oracle sheds 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.

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

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

Published June 23, 2026 · Category: Finance

Overview

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

Source

Originally published at www.cnbc.com.

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