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1166 Oracle’s workforce shrank by about 13% as it bankrolls its AI buildout

The Next Web
Ana-Maria Stanciuc @ The Next Web · 06/23/2026 02:56 EDT

Oracle ended its 2026 fiscal year with about 21,000 fewer employees than it started with, a reduction of roughly 13% that ranks among the deepest in the company’s history. The figure, disclosed in the company’s annual filing, puts a number on a process staff had been living through since the spring, when termination emails began […]
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