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    Home»Tech News»Oracle’s 21,000 layoffs help drive its debt-fueled AI investments
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    Oracle’s 21,000 layoffs help drive its debt-fueled AI investments

    kirklandc008@gmail.comBy kirklandc008@gmail.comJune 23, 2026No Comments1 Min Read
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    Oracle’s 21,000 layoffs help drive its debt-fueled AI investments
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    The growing use of AI contributed to Oracle laying off 21,000 workers in a year, according to a Securities and Exchange Commission filing on Monday.

    In its annual regulatory filing for the fiscal year ending May 31, Oracle said it has 141,000 full-time employees. In its 2025 filing, Oracle said it had 162,000 employees. The reported 12.9 percent reduction followed March reports of mass layoffs at the database management software company.

    “[T]he adoption and deployment of AI technologies across our operations have resulted, and may continue to result, in reductions to our workforce,” the filing reads.

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    • IEEE Chapter Offers Webinars With Industry Experts
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    • Your voice can now say things you never said
    • ‘Our Risk, Their Reward’: Zohran Mamdani on AI and Data Centers

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    November 3, 2026

    Here’s Why You Shouldn’t Use AI to Vote

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    The Download: controlling AI agents and “Super Intelligence” loyalty tests

    November 3, 2026

    Your voice can now say things you never said

    November 3, 2026
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