https://www.live-feeds.com/feed/oracle-workforce-shrinks-by-about-13Continuously updated, source-cited coverage. https://www.live-feeds.com/feed/oracle-workforce-shrinks-by-about-13https://www.live-feeds.com/feed/oracle-workforce-shrinks-by-about-13#u20035Wed, 01 Jul 2026 10:41:19 +0000Oracle reduced its workforce by 21,000 employees during fiscal 2026, representing roughly 13% of its staff. The company cited AI adoption and restructuring as drivers for the cuts. Severance and exit costs reached $1.84 billion.What's confirmed:Oracle cut 21,000 jobs in fiscal 2026.The workforce reduction represents approximately 13% of the total staff.Restructuring costs totaled $1.84 billion.The company attributed the job cuts to AI adoption.Oracle's workforce decreased from 162,000 to 141,000.Capital expenditures increased 162% to $55.7B.Still unconfirmed:Approximately 30,000 employees https://www.live-feeds.com/feed/oracle-workforce-shrinks-by-about-13https://www.live-feeds.com/feed/oracle-workforce-shrinks-by-about-13#u14349Fri, 26 Jun 2026 12:46:41 +0000Oracle reduced its total headcount by approximately 21,000 employees during fiscal 2026. The company attributed these cuts to business restructuring and the adoption of AI technologies. Severance and exit costs totaled $1.84 billion.What's confirmed:Oracle's total workforce declined by about 13%, or 21,000 employees, in fiscal 2026.The company spent $1.84 billion on severance and exit costs according to its annual report.Oracle stated that the deployment of AI technologies across operations resulted in workforce reductions.Workforce adjustments were also driven by strategic shifts, acquis