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Oracle sheds 21,000 roles over the past year amid wave of AI layoffs from tech giants

CNBC · Jun 23, 2026, 10:26 AM · Also reported by 3 other sources

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  • Oracle shed 21,000 jobs, almost 13% of its workforce, in the past year, as tech giants carry out sweeping layoffs as a result of AI.
  • The company's total workforce stands at 141,000 full-time employees as of May 2026, it said in its annual regulatory filing on Monday.

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Oracle shed 21,000 jobs, almost 13% of its workforce, in the past year, as tech giants carry out sweeping layoffs as a result of AI.

The company's total workforce stands at 141,000 full-time employees as of May 2026, it said in its annual regulatory filing on Monday. That's down from 162,000 employees at the same time the previous year. This represents an almost 13% cut in its total workforce.

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