Oracle workforce shrinks by about 21,000 employees amid AI adoption (opens original article in a new tab)

Oracle reduced its workforce by about 21,000 employees in fiscal 2026 as part of business restructuring, with a 13% decline in total staff and significant increase in severance costs.

• Oracle reduced its workforce by 21,000 employees in fiscal 2026, a 13% decline
• The company spent $1.84 billion on severance and exit costs during the restructuring
• Oracle's workforce decreased from 162,000 to 141,000 employees as of May 31, 2026