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Oracle’s 21,000 layoffs help drive its debt-fueled AI investments
news.movim.eu / ArsTechnica • 23 June 2026
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.