computer-science
Tech giant Oracle cuts 21,000 jobs as it embraces AI
Key takeaways
- Osmond Chia Business reporter Getty Images Oracle was co-founded by Larry Ellison in 1977.
- The software and cloud computing firm says it had around 141,000 full-time employees as of 31 May 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.
Osmond Chia Business reporter Getty Images Oracle was co-founded by Larry Ellison in 1977. He remains its chief technology officer Oracle shed about 21,000 roles globally in the last year as the US technology giant reshapes its business around artificial intelligence (AI), the firm's latest annual report shows.
The software and cloud computing firm says it had around 141,000 full-time employees as of 31 May 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.
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