https://www.live-feeds.com/feed/oracle-workforce-shrinks-by-about-13Continuously updated, source-cited coverage. https://www.live-feeds.com/feed/oracle-workforce-shrinks-by-about-13https://www.live-feeds.com/feed/oracle-workforce-shrinks-by-about-13#u14349Fri, 26 Jun 2026 12:46:41 +0000Oracle reduced its total headcount by approximately 21,000 employees during fiscal 2026. The company attributed these cuts to business restructuring and the adoption of AI technologies. Severance and exit costs totaled $1.84 billion.What's confirmed:Oracle's total workforce declined by about 13%, or 21,000 employees, in fiscal 2026.The company spent $1.84 billion on severance and exit costs according to its annual report.Oracle stated that the deployment of AI technologies across operations resulted in workforce reductions.Workforce adjustments were also driven by strategic shifts, acquis