Oracle sheds 21,000 jobs as AI restructuring and cloud spend surge
Oracle’s global workforce declined by 13%, representing a reduction of approximately 21,000 employees, during its 2026 financial year. The downscaling comes as the enterprise software giant continues an aggressive corporate restructuring, heavily accelerated by the deployment of artificial intelligence across its internal operations. Read: Samsung Galaxy Buds 4 Review: Brilliant brains, flawed physics According to…
