June 22 (Reuters) - Oracle's total workforce declined 13%, or about 21,000 employees, in fiscal 2026, as the cloud computing giant continued restructuring its business, partly driven by the adoption ...
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"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 disclosed in its annual filing this week that its workforce shrank nearly 13% over the past year as it ramped up spending on artificial intelligence.
Oracle cut about 21,000 jobs in fiscal 2026 as it restructures around AI and cloud infrastructure, raising questions for enterprise buyers.
According to the filing, Oracle had 141,000 employees as of May 31, 2026, down from 162,000 the previous year - representing 21,000 job cuts over the 12-month period. The company spent around $1.84bn ...
Oracle’s cloud growth and workforce reset highlight the cost challenge behind AI data center expansion and enterprise ...
Oracle has begun a new round of layoffs, reducing its workforce in several key regions. The job cuts, which affect various departments, are part of a larger restructuring effort to focus on artificial ...
The cloud computing giant disclosed in its annual report that its global workforce fell to about 141,000 employees as of May 31, down from roughly 162,000 a year earlier, representing a decline of ...
Comprehensive platform within Oracle Cloud HCM gives HR and business leaders tools to support employee success with new solutions for listening, communication, productivity, and engagement The events ...