The rising use of AI contributed to Oracle shedding 21,000 staff in a yr, based on a Securities and Alternate Fee submitting on Monday.
In its annual regulatory submitting for the fiscal yr ending Could 31, Oracle stated it has 141,000 full-time staff. In its 2025 submitting, Oracle stated it had 162,000 staff. The reported 12.9 p.c discount adopted March experiences of mass layoffs on the database administration software program firm.
“[T]he adoption and deployment of AI applied sciences throughout our operations have resulted, and should proceed to outcome, in reductions to our workforce,” the submitting reads.
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