Oracle cuts about 21,000 jobs as AI adoption reduces its workforce

Oracle’s (ORCL.N) total workforce declined 13 per cent, or about 21,000 employees, in fiscal 2026, as the cloud computing giant continued restructuring ​its business, partly driven by the adoption of AI across ‌its operations. The company had a total workforce of 141,000 as of May 31, 2026, compared with about 162,000 as of the same […]

The Texas-based cloud company disclosed nearly $2 billion in severance and restructuring expenses tied to workforce reductions, which began in March

Oracle told regulators that AI helped cut 21,000 jobs in a single year. The numbers behind that filing reveal how the technology is reaching the payroll. The post Oracle Cut 21,000 Jobs and Blamed AI. The Numbers Tell the Story appeared first on The Rio Times.

Oracle is spending billions on data center infrastructure to support AI.

Oracle’s global workforce fell to 141,000 full-time employees as of 31 May 2026, down from 162,000 a year earlier, a net reduction of roughly 21,000 people. The company’s annual regulatory filing stated plainly that “the adoption and deployment of AI technologies across our operations have resulted, and may continue to result, in reductions to our workforce.” It […] This story continues at The Next Web

Oracle is spending big on AI, to the tune of $70 billion this year alone, in order to build data centers and AI-capable servers. But that AI expansion hasn’t come without a human cost. In its latest Form 10-K filing with the US Securities and Exchange Commission (SEC), the company revealed that it has cut tens of thousands of jobs over the past year to help fund its AI expansion. Here’s what you need to know. Oracle has cut 21,000 jobs in the past 12 months In the company’s annual 10-K filing, the SaaS and cloud computing giant revealed that as of May 2026, it had 141,000 full-time employees. Of those, 49,000 were employed in the United States, while the other 92,000 were employed internationally. While those numbers are significant, they represent a dramatic drop in Oracle’s workforce since its previous annual filing a year earlier. In that previous filing, Oracle stated it had 162,000 employees as of May 2025. That discrepancy—21,000—means that in just one year, Oracle cut around 13% of its workforce. And Oracle didn’t mince words regarding the motivating factors behind the layoffs. “The adoption and deployment of AI technologies across our operations have resulted, and may continue to result, in reductions to our workforce,” the company stated. Oracle is not alone in cutting jobs to fund AI While Oracle plainly states that AI technologies have directly impacted its employee numbers, the company is far from the only US tech giant to have cut jobs due to AI. As Fast Company previously reported, numerous tech and AI giants, including Meta and Microsoft, have initiated layoffs or voluntary buyouts this year. These moves come as these and other tech giants have pledged to spend a combined $700 billion on building AI data centers and related technology in 2026. That massive capital expenditure has led these companies to look for other areas to reduce costs, and the fastest way for any company to do so is usually to cut workers. CNBC notes that AI was responsible for over 50,000 layoffs in 2025 alone. Ironically, Oracle openly admits that its layoff of human workers to further deploy AI technologies carries significant risk for the company in the form of “reduced productivity.” The company also notes, “These types of restructurings may also lead to shortages of sufficiently skilled employees in certain roles, loss of valuable institutional knowledge and damage to employee morale and retention.” Still, the company’s 10-K states that it will continue to make “adjustments to our workforce” in the future. Oracle stock is in the red for 2026 While AI is all the rage in the tech industry, many on Wall Street have ongoing concerns about whether the massive capex companies have committed to will pay off down the road. Indeed, some worry that markets are currently in an AI-fueled bubble that is unsustainable and could pop. Those concerns have done nothing to help Oracle’s stock price (NYSE: ORCL) this year.  Since the year began, ORCL shares have declined around 11%. As of the time of this writing, ORCL sits at around $174 per share—well below its all-time high of more than $345 per share last September. Over the past 12 months, Oracle’s share price has performed even worse, falling by more than 16% since this time last year. During that same timeframe, the Dow has risen more than 21%, the S&P 500 more than 22%, and the tech-heavy Nasdaq more than 31%.

Oracle has laid off around 12,000 workers, and admits AI is partly to blame.

Oracle cut roughly 21,000 jobs over the past year as it reorganized around AI and ramps up spending on data centers for customers such as OpenAI and Meta. The restructuring cost the company about $1.8 billion and, while Oracle says AI deployment may drive further reductions, it also warns the cuts could create skills shortages and hurt productivity. The BBC reports: The software and cloud computing firm says it had around 141,000 full-time employees as of May 31, 2026, down from about 162,000 workers at the same time last year. The "deployment of AI technologies across our operations have resulted, and may continue to result, in reductions to our workforce," the report says. The cuts, which amount to about 13% of Oracle's workforce, are part of a wider trend among tech firms as they spend hundreds of billions of dollars on building AI infrastructure like data centers. Read more of this story at Slashdot.

Software giant Oracle disclosed in a regulatory filing that it has eliminated 21,000 positions over the past year, representing nearly 13 percent of its workforce, as the software giant accelerates AI integration across its operations.  The post Oracle Cuts 21,000 Jobs as AI Adoption Accelerates appeared first on Breitbart.

Oracle reduced its workforce by 21,000, or about 13%, during the year ended May 31. The company now has 141,000 full-time employees, according to its latest annual report. That’s down from 162,000 employees in Oracle’s previous annual report. The Wall Street Journal, which flagged these numbers in a Monday (June 23) report, noted that […] The post Oracle Reports AI Adoption Contributes to 21,000 Job Cuts appeared first on PYMNTS.com.

Annual report reveals workforce fell from 162,000 to 141,000 in a year as company pours billions into datacenter expansion

AI is the leading reason companies have cited for job cuts so far this year—and the tech industry is the biggest culprit.

The company spent $1.8 billion on restructuring costs as it cited AI deployment as a driver of workforce reductions

Oracle Cuts 21,000 Jobs As AI Adoption Deepens And Credit Risk Flashes GFC-Era Highs Oracle disclosed in a Form 10-K filing that it reduced its workforce by 21,000 employees over the past year as it automates white-collar jobs and frees up cash to splurge on AI infrastructure buildouts. "Our periodic workforce restructurings and reorganizations can be disruptive,"  Oracle said in the annual financial regulatory publsihed on Monday, adding, "We have an existing restructuring plan in place under which we have made, and will continue to make, adjustments to our workforce in response to management changes, product changes, performance issues, changes in strategies, acquisitions and other internal and external considerations." It noted, "We may initiate new restructuring plans in the future. In addition, the adoption and deployment of AI technologies across our operations have resulted, and may continue to result, in reductions to our workforce." The filing detailed how the tech giant ended its fiscal year with 141,000 full-time employees, down from 162,000 a year earlier. Costs associated with the workforce reduction totaled around $1.8 billion. The labor cuts come as Oracle faces pressure amid its $55.7 billion capital expenditure spending spree in fiscal 2026, which is almost entirely tied to its AI cloud and data center buildout. That was up from $21.2 billion in fiscal 2025, meaning capex more than doubled year over year. For fiscal 2027, Oracle is guiding even higher: about $70 billion in capex, plus another $20 billion to $25 billion of spending that it expects customers to repay. That implies up to $95 billion for AI and data-center capex in the current fiscal year. Bloomberg was the first to report in March that Oracle planned to cut its workforce as it aggressively spent on AI data center buildouts. Wall Street analysts forecast that the cloud unit's data center spending will drive Oracle's cash flow negative through the end of the decade, with a payoff not expected until 2030. In January, Oracle announced plans to raise $50 billion in debt and equity. ORCL 5 Year CDS exploded to record highs ... ORCL 5 Year CDS vs. Oracle equity  The labor restructuring should come as no surprise, as we cited Barclays earlier this year, which proposed that the "next step" for Oracle to drive free cash flow would be to lay off between 20,000 and 30,000 employees. Read: A Panicking Oracle Plans To Raise Up To $50 Billion, As Its Stock And Bonds Crater Oracle Firing Tens Of Thousands As CDS Explodes To Financial Crisis Record Oracle Prepares To Axe Thousands Of Jobs In New Layoff Round Oracle has joined the growing party of tech giants, including Meta, Alphabet, Microsoft, Amazon, Xai, and others, that have outlined AI capex plans this year, collectively totaling $800 billion. Last month, Meta axed some 8,000 jobs as the great "white-collar purge" continues across corporate America. AI has led to about 50,000 layoffs so far this year in the US, with IBM and Salesforce announcing large cuts. Related: 20 College Majors Most Exposed To AI Job Disruption Oracle appears to be using labor restructuring to start digging itself out of the considerable hole it has dug, with more layoffs likely this year. Tyler Durden Tue, 06/23/2026 - 08:30

New Delhi: Oracle Corp. -- a global technology company that reduced its workforce by around 21,000 employees over the past 12 months -- has acknowledged that the adoption of artificial intelligence (AI) technologies contributed to some of the job cuts. In its annual financial regulatory filing, the company has said its global workforce stood at 141,000 full-time employees as of May 31, down from 162,000 a year earlier.“The adoption and deployment of AI technologies across our operations have resulted, and may continue to result, in reductions to our workforce,” the company said in the filing.The workforce reduction resulted in restructuring costs of about $1.8 billion, it added.Why Does India Keep Banning Apps? The Legal Playbook That Allowed TikTok & Telegram To Be Blocked However, the disclosure comes as Oracle continues to invest heavily in building AI infrastructure and data centres to meet growing demand from customers, including OpenAI.The company has been expanding its AI capabilities amid intensifying competition among major cloud service providers.As of the end of May, Oracle employed about 49,000 workers in the United States and around 92,000 internationally.In addition, the company's headcount has fallen slightly below levels seen before its 2022 acquisition of electronic health records firm Cerner.Moreover, the latest figures shed light on the scale of layoffs that have taken place across Oracle's operations in recent months.'B Team Of Disruptive Elements': Education Minister Dharmendra Pradhan Breaks Silence On Cockroach Janta Party Earlier this year, reports indicated that Oracle had begun laying off employees globally, with affected workers receiving early-morning emails informing them that their employment had been terminated.Several employees took to social media platforms to report receiving the notifications, which were said to have started arriving in inboxes at around 6 am (local time in the US).The latest filing marks one of the clearest indications yet of how AI adoption is beginning to reshape workforce requirements across major technology companies.(Except for the headline, this article has not been edited by FPJ's editorial team and is auto-generated from an agency feed.)

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Oracle's latest filings say it employs 141,000 people, down from 162,000 last year.

Oracle Corp. reduced its workforce by a wider scale than previously known, cutting 21,000 employees in the past 12 months. The reductions include jobs that were eliminated by the use of artificial intelligence. Neil Campling reports on Bloomberg Television. (Source: Bloomberg)

"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 has initiated significant layoffs globally, impacting thousands of employees across US, India, and other regions. These workforce reductions, attributed to management changes, AI adoption, and strategic shifts, resulted in a 13% drop in its workforce. The company incurred substantial restructuring costs, with severance packages reportedly less generous than industry peers. This move comes amidst broader concerns about AI's impact on tech jobs.

The workforce of U.S. software giant Oracle contracted by about 21,000 people over the past fiscal year as the company reorganized operations around artificial intelligence and clo...

Oracle ended its 2026 fiscal year with about 21,000 fewer employees than it started with, a reduction of roughly 13% that ranks among the deepest in the company’s history. The figure, disclosed in the company’s annual filing, puts a number on a process staff had been living through since the spring, when termination emails began […] This story continues at The Next Web

The tech company’s head count shrank by roughly 13% in its previous fiscal year, as it continued to invest in artificial intelligence.

Oracle's total workforce declined 13%, or about 21 000 employees, last year, partly driven by the adoption of AI.

Tech giant spends $1.84 billion on severance as AI adoption accelerates job cuts

Oracle reduces workforce by 21,000 employees following AI adoption.

The decline in the workforce follows multiple reports earlier this year about Oracle cutting thousands of jobs

The cuts are part of a wider trend among tech firms as they spend hundreds of billions of dollars on AI.

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

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

The cuts are part of a wider trend among tech firms as they spend hundreds of billions of dollars on AI infrastructure.

It's using AI internally, and spending money to support AI everywhere else.