← All events
June 24, 2026
21,000
jobs displaced
1 company
Oracle 21,000
Oracle disclosed Monday that it has reduced its workforce by 21,000 employees over the past 12 months, a decline of 13%, which means more cuts than was previously known, including because of AI. 'The adoption and deployment of AI technologies across our operations have resulted, and may continue to result, in reductions to our workforce,' the company said in an annual financial regulatory filing.