https://www.live-feeds.com/feed/oracle-sheds-21-000-roles-over-the-past-year-amid-wave-of-ai-layoffs-from-tech-giantsContinuously updated, source-cited coverage. https://www.live-feeds.com/feed/oracle-sheds-21-000-roles-over-the-past-year-amid-wave-of-ai-layoffs-from-tech-giantshttps://www.live-feeds.com/feed/oracle-sheds-21-000-roles-over-the-past-year-amid-wave-of-ai-layoffs-from-tech-giants#u22040Fri, 03 Jul 2026 00:36:25 +0000Oracle reduced its global workforce by 21,000 employees during fiscal year 2026. The company attributed these cuts to internal AI deployment and a strategic pivot toward cloud computing. Total headcount dropped to 141,000 as of May 31, 2026.What's confirmed:Oracle reduced its workforce by 21,000 employees over the past year.The company spent $1.84 billion on severance and restructuring in fiscal 2026.Oracle's total headcount fell from 162,000 to 141,000 between the 2025 and 2026 fiscal periods.The job cuts represent a reduction of approximately 13 percent of the workforce.The company attr https://www.live-feeds.com/feed/oracle-sheds-21-000-roles-over-the-past-year-amid-wave-of-ai-layoffs-from-tech-giantshttps://www.live-feeds.com/feed/oracle-sheds-21-000-roles-over-the-past-year-amid-wave-of-ai-layoffs-from-tech-giants#u15883Sat, 27 Jun 2026 14:01:05 +0000Oracle reduced its full-time workforce by 21,000 roles over the past year. The company stated that the deployment of AI technologies caused these reductions and may lead to more. This streamlining occurs as Oracle prepares a $50 billion AI buildout.What's confirmed:Oracle reduced its workforce by 21,000 roles over the past year.The company's full-time headcount fell from 162,000 a year earlier to 141,000 as of May 2026.Oracle cited the adoption and deployment of AI technologies as a cause for the workforce reductions.Oracle is preparing a $50 billion AI buildout.The company laid off 741 e