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AI Cost 21,000 Jobs At Oracle This Year—And More Layoffs Could Be Coming

Forbes · Jun 23, 2026, 1:47 PM · Also reported by 4 other sources

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

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Yahoo Finance Oracle Cut 21,000 Jobs Last Year As AI Costs Surged CNBC Oracle sheds 21,000 roles over the past year amid wave of AI layoffs from tech giants Yahoo Finance Oracle cut 21,000 jobs as AI buildout continues Hacker News Tech giant Oracle cuts 21,000 jobs as it embraces AI

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AI Cost 21,000 Jobs At Oracle This Year—And More Layoffs Could Be Coming

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