Tech giant Oracle sheds 21,000 jobs in a year as AI replaces some roles
US technology giant Oracle shed about 21,000 roles globally in the last year as it reshapes its business around artificial intelligence (AI), its latest annual report shows. The software and cloud computing firm says it had around 141,000 full-time employees as of 31 May 2026, down from about 162,000 workers at the same time last... The post Tech giant Oracle sheds 21,000 jobs in a year as AI replaces some roles appeared first on Equity Insider .
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Tech giant Oracle sheds 21,000 jobs in a year as AI replaces some roles Why it matters: AI News is moving the AI stack right now, and this update helps explain what changed for builders. Source: Equity Insider https://a2zai.ai/bytes/tech-giant-oracle-sheds-21-000-jobs-in-a-y...
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