Oracle Cuts 21,000 Jobs Amid Global AI Adoption

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 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 period last year, according to its ​annual report released on Monday,…