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Oracle Slashed 21,000 in 12 Months as AI Replaces Some Roles

Oracle Slashed 21,000 in 12 Months as AI Replaces Some Roles
Bloomberg Technology Tuesday 23 June 2026, 10:11 UTC 1 min read
Key Points

Jun 23rd, 2026 Oracle Slashed 21,000 in 12 Months as AI Replaces Some Roles Oracle Corp. reduced its workforce by a wider scale than previously known, cutting 21,000 employees in the past 12 months. The reductions include jobs that were eliminated by the use of artificial intelligence. Neil Campling reports on Bloomberg Television.

Jun 23rd, 2026 Oracle Slashed 21,000 in 12 Months as AI Replaces Some Roles Oracle Corp. reduced its workforce by a wider scale than previously known, cutting 21,000 employees in the past 12 months. The reductions include jobs that were eliminated by the use of artificial intelligence. Neil Campling reports on Bloomberg Television.
Oracle (ORG) Oracle Corp. (ORG) Neil Campling (PERSON) Bloomberg Television (ORG)
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