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Oracle’s workforce shrank by about 13% as it bankrolls its AI buildout

Posted on June 23, 2026 By 164news66 No Comments on Oracle’s workforce shrank by about 13% as it bankrolls its AI buildout

Oracle’s Employee Reduction: A Significant Shift

Oracle concluded its 2026 fiscal year with approximately 21,000 fewer employees than it commenced with, marking a substantial decrease of roughly 13% in its workforce—one of the most profound in the company’s history. This figure, revealed in the corporation’s annual report, quantifies a process that staff have been navigating since spring, when termination notices started arriving.

This story continues at The Next Web.

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