{"componentChunkName":"component---src-templates-article-js","path":"/oracle-cuts-21000-jobs-in-a-year","result":{"data":{"prismicArticle":{"uid":"oracle-cuts-21000-jobs-in-a-year","tags":["politics"],"first_publication_date":"2026-06-23T12:01:13+0000","last_publication_date":"2026-06-23T12:01:13+0000","data":{"third_party_url":null,"title":{"text":"Oracle cuts 21,000 jobs in a year"},"rating":null,"datetime":"2026-06-23T05:55:00+0000","img":{"url":"https://images.prismic.io/prad/Zmraqpm069VX1tiz_oracle.JPG?auto=format,compress"},"embed":{"embed_url":null,"thumbnail_url":null,"author_url":null,"title":null},"content":{"raw":[{"text":"Oracle Corp. -- a global technology company that reduced its workforce by around 21,000 employees over the past 12 months -- has acknowledged that the adoption of artificial intelligence (AI) technologies contributed to some of the job cuts. "},{"text":"In its annual financial regulatory filing, the company has said its global workforce stood at 141,000 full-time employees as of May 31, down from 162,000 a year earlier."},{"text":"“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 the filing."},{"text":"The workforce reduction resulted in restructuring costs of about $1.8 billion, it added."},{"text":"However, the disclosure comes as Oracle continues to invest heavily in building AI infrastructure and data centres to meet growing demand from customers, including OpenAI."},{"text":"The company has been expanding its AI capabilities amid intensifying competition among major cloud service providers."},{"text":"As of the end of May, Oracle employed about 49,000 workers in the United States and around 92,000 internationally."},{"text":"In addition, the company's headcount has fallen slightly below levels seen before its 2022 acquisition of electronic health records firm Cerner."},{"text":"Moreover, the latest figures shed light on the scale of layoffs that have taken place across Oracle's operations in recent months."},{"text":"Earlier this year, reports indicated that Oracle had begun laying off employees globally, with affected workers receiving early-morning emails informing them that their employment had been terminated."},{"text":"Several employees took to social media platforms to report receiving the notifications, which were said to have started arriving in inboxes at around 6 am (local time in the US)."},{"text":"The latest filing marks one of the clearest indications yet of how AI adoption is beginning to reshape workforce requirements across major technology companies."}]}}},"relatedArticles":{"edges":[{"node":{"uid":"hc-defers-key-hearing-on-cbn-cases","data":{"third_party_url":null,"title":{"text":"HC Defers Key Hearing on CBN 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