Oracle sheds 21,000 roles over the past year amid wave of AI layoffs from tech giants - CNBC

By Sawdah Bhaimiya | Published: Jun 23, 2026

Oracle shed 21,000 jobs, almost 13% of its workforce, in the past year, as tech giants carry out sweeping layoffs as a result of AI. The company's total workforce stands at 141,000 full-time employ… [+2309 chars]