Oracle layoffs: 21,000 employees let go in 12 months, company says AI replaced some roles

Oracle Corp. reduced its workforce by 21,000 employees in the past 12 months, a wider scale than previously known, including those whose jobs were eliminated by the use of artificial intelligence.

“The adoption and deployment of AI technologies across our operations have resulted, and may continue to result, in reductions to our workforce,” Oracle said Monday in an annual financial regulatory filing.