Oracle Cuts 21,000 Jobs Amid AI Shift

NEW DELHI-Oracle Corp., the US-based technology company, has disclosed that it reduced its workforce by about 21,000 employees over the past 12 months and acknowledged that the adoption of artificial intelligence (AI) technologies contributed to some of the job cuts.

In its annual regulatory filing, Oracle said its global workforce stood at 141,000 full-time employees as of May 31, down from 162,000 a year earlier.

“The adoption and deployment of AI technologies across our operations have resulted, and may continue to result, in reductions to our workforce,” the company said in the filing.

The workforce reduction resulted in restructuring costs of about $1.8 billion, Oracle said.

The disclosure comes as the company continues to invest heavily in AI infrastructure and data centers to meet growing demand from customers, including OpenAI. Oracle has been expanding its AI capabilities amid intensifying competition among major cloud service providers.

As of May 31, Oracle employed about 49,000 workers in the United States and approximately 92,000 internationally.

The latest figures provide one of the clearest indications yet of how AI adoption is beginning to reshape workforce requirements across major technology companies.

Earlier this year, reports indicated that Oracle had begun laying off employees globally, with affected workers receiving notifications that their employment had been terminated. (IANS)