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Is AI Coming For Your Job? Concerns Mount As Oracle Lays Off Another Batch of 21,000 Employees
Oracle's annual report reveals significant job cuts linked to AI deployment
Tanmay Puri
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Is AI Coming For Your Job? Concerns Mount As Oracle Lays Off Another Batch of 21,000 Employees
Oracle's annual report reveals significant job cuts linked to AI deployment
Tanmay Puri
Published
23 June 2026, 12:06 PM BST
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Oracle Axes 21,000 Jobs As AI Push Triggers Fresh Fears Over Tech Layoffs
Shkuru Afshar, CC BY-SA 4.0, via Wikimedia Commons
Oracle has cut around 21,000 jobs globally over the past year, with the company's latest annual report pointing directly to artificial intelligence as one of the reasons behind the reduction.
The US software and cloud computing giant said it had about 141,000 full-time employees as of 31 May 2026, down from roughly 162,000 a year earlier. In the filing, Oracle said the 'deployment of AI technologies across our operations has resulted, and may continue to result, in reductions to our workforce.'
The scale of the cuts, equal to around 13% of its workforce, adds to growing worries about how the rush into AI is affecting jobs across the tech sector. Oracle's own report also shows the financial cost of the shake-up, with the company spending about £1.36bn on severance and restructuring in the last year alone, as it pushes harder into the AI race and expands the infrastructure needed to support it.
Oracle's annual report lays out the scale of the cuts
The latest filing gives the clearest picture yet of how large Oracle's recent cuts have been. While reports of layoffs had circulated in recent months, including
from senior employees online that the company made massive cuts in April, the full number had not been publicly detailed until the annual report was released.
The figures show Oracle's headcount fell from about 162,000 employees to around 141,000 over a 12-month period.
Oracle linked those reductions to the use of AI across its own operations. In the report, the company said AI deploymen
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