Oracle Cuts Workforce by Roughly 21,000 Amid AI Adoption

In fiscal year 2026, Oracle paid nearly $1.84 billion in restructuring and other costs, including employee severance costs.

U.S. multinational computer technology company Oracle's logo at the Mobile World Congress in Barcelona, Spain, on Feb. 27, 2024. Pau Barrena/AFP via Getty Images

Oracle has laid off around 21,000 employees over the past year, amounting to an almost 13 percent decline in its global workforce, with the company admitting that the adoption of artificial intelligence (AI) has played a factor.

“As of May 31, 2026, we employed approximately 141,000 full-time employees, of which approximately 49,000 were employed in the U.S., and approximately 92,000 were employed internationally,” Oracle said in a June 22 filing made with the Securities and Exchange Commission.