Oracle workforce shrinks by about 21,000 employees amid AI adoption

Oracle’s total workforce declined 13%, or about 21,000 employees, in fiscal 2026, as the cloud computing giant continued restructuring its business, partly driven by the adoption of AI across its operations.

The company had a total workforce of 141,000 as of May 31, 2026, compared with about 162,000 as of the ‌same period last ⁠year, ⁠according to its annual report released on Monday.

Oracle spent $1.84 billion in severance payments and ​other exit costs related to the restructuring activities in fiscal 2026, significantly higher ​than the $374 million spent in the previous fiscal year, the filing showed.