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Layoffs

Signage bearing the Oracle Corporation logo.

Oracle Cut 21,000 Jobs in a Year as It Funnels Cash Into AI

A securities filing shows Oracle’s headcount fell to 141,000 from 162,000 in a year. The company named its own AI as a factor while pouring billions into data centres.

Business  · 23 Jun 2026, 07:01  · Priya Raman