Oracle reduced its global workforce by approximately 21,000 employees over the past year as part of a restructuring effort linked to the adoption of artificial intelligence technologies.
The company disclosed the reductions in its latest annual report, showing that its full-time workforce fell from about 162,000 employees to 141,000 as of May 31, 2026.
The job cuts represent roughly 13% of Oracle’s workforce and resulted in $1.8 billion in severance and restructuring costs during the financial year, significantly higher than the $374 million recorded in the previous year.
Oracle said the deployment of AI across its operations contributed to the workforce reductions and indicated that further restructuring could occur in the future.
“The adoption and deployment of AI technologies across our operations have resulted, and may continue to result, in reductions to our workforce,” the company stated in the report.
The technology giant warned that restructuring efforts could disrupt operations and potentially create shortages of skilled personnel in some areas, which could affect productivity and business performance.
While reports of layoffs had surfaced earlier through employee accounts on social media, the annual report provides the first official indication of the scale of the workforce reduction.
Oracle’s move reflects a wider trend across the technology sector, where companies are reducing headcounts while investing heavily in artificial intelligence infrastructure, including data centres and computing resources.
Several major technology firms, including Amazon and Meta, have also announced job cuts in recent months as they increase spending on AI-related projects.
Industry estimates suggest that more than 100,000 technology workers have lost their jobs over the past year amid ongoing restructuring driven by artificial intelligence adoption.
