Oracle’s 21,000 layoffs help drive its debt-fueled AI investments

<p>The growing use of AI contributed to Oracle laying off 21,000 workers in a year, according to a <span id="_GeQ6apqDO9-M0PEPjpTWyQ8_45" class="K6pdKd wtBS9"> Securities and Exchange Commission</span> filing on Monday.</p> <p>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 <a href="https://www.businessinsider.com/oracle-layoffs-employees-costs-ai-buildout-job-cuts-2026-3">March</a> reports of mass layoffs at the database management software company.</p> <p>"[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.</p><p><a href="https://arstechnica.com/ai/2026/06/oracles-21000-layoffs-help-drive-its-debt-fueled-ai-investments/">Read full article</a></p> <p><a href="https://arstechnica.com/ai/2026/06/oracles-21000-layoffs-help-drive-its-debt-fueled-ai-investments/#comments">Comments</a></p> Reference : https://ift.tt/usUkhSE