Oracle Cuts 21,000 Jobs Amid AI Restructuring

California. American technology company Oracle has cut jobs for approximately 21,000 employees worldwide amid a business restructuring focused on artificial intelligence (AI). According to the company's latest annual report, Oracle had 141,000 full-time employees as of May 31, 2026. In the previous year, during the same period, this number was approximately 162,000. Thus, the company's total workforce has been reduced by about 13 percent in one year.

The report clearly states that the use of AI technology in various operational processes of the company has created a situation where the number of employees may decrease. The company has stated that the use of AI technology in operations has reduced the workforce and such an impact may continue in the future.