Oracle has cut around 21,000 jobs worldwide over the past year as the technology giant reorganises its business around artificial intelligence.
The company’s latest report shows its workforce dropped from about 162,000 employees to 141,000 — a reduction of roughly 13%.
The company said the rise of AI across its operations “has resulted, and may continue to result, in reductions” to its workforce.
But is this just another round of layoffs, or a sign of a bigger shift in how tech companies operate?
Oracle’s move comes as major firms pour hundreds of billions into AI infrastructure, especially data centres.
The company has been racing to expand capacity for AI customers, including firms such as OpenAI and Meta.
AI Shift Triggers Job Cuts Debate
The restructuring has come with a heavy price. Oracle spent around $1.8bn on severance and related costs, far more than the previous year’s restructuring bill.
Experts say the trend is spreading across Silicon Valley.
Companies are cutting staff while betting that AI will make them faster, leaner and more efficient.
But there is a warning too. Oracle admitted the changes could disrupt operations and create shortages of skilled workers.
As the AI boom accelerates, one question remains: will AI create a new era of opportunity — or replace more jobs than it creates?
