https://www.live-feeds.com/feed/jobs-bloodbath-at-oracle-as-21-000-staff-let-go-amid-huge-strategy-pivotContinuously updated, source-cited coverage. https://www.live-feeds.com/feed/jobs-bloodbath-at-oracle-as-21-000-staff-let-go-amid-huge-strategy-pivothttps://www.live-feeds.com/feed/jobs-bloodbath-at-oracle-as-21-000-staff-let-go-amid-huge-strategy-pivot#u22236Fri, 03 Jul 2026 03:36:29 +0000Oracle reduced its global workforce by 21,000 employees over one year to shift focus toward AI and cloud computing. The company is redirecting capital into AI infrastructure and internal AI deployment. These moves coincide with a significant increase in capital expenditures.What's confirmed:Oracle cut 21,000 jobs over a 12-month period.The layoffs represent nearly 13% of the global workforce.Oracle attributed the job cuts to the adoption and internal deployment of artificial intelligence.The company is pivoting its strategy toward AI and cloud computing.Oracle spent $1.84 billion on severance https://www.live-feeds.com/feed/jobs-bloodbath-at-oracle-as-21-000-staff-let-go-amid-huge-strategy-pivothttps://www.live-feeds.com/feed/jobs-bloodbath-at-oracle-as-21-000-staff-let-go-amid-huge-strategy-pivot#u16012Sat, 27 Jun 2026 16:12:34 +0000Oracle reduced its workforce by approximately 21,000 employees in fiscal 2026. This 13% reduction supports a broad restructuring and a $50 billion AI infrastructure buildout. The company cited AI adoption and strategic shifts as primary drivers for the layoffs.What's confirmed:Oracle reduced its workforce by approximately 21,000 employees in fiscal 2026.The headcount dropped from 162,000 full-time employees to 141,000 as of May 31.The workforce reduction represents about 13% of Oracle's total staff.Oracle is preparing to raise up to $50 billion in new capital for AI and data center expans