{"id":1016312,"date":"2026-06-23T08:36:23","date_gmt":"2026-06-23T03:06:23","guid":{"rendered":"https:\/\/telecomlive.in\/web\/?p=1016312"},"modified":"2026-06-23T08:49:05","modified_gmt":"2026-06-23T03:19:05","slug":"oracle-cuts-21000-jobs-as-ai-push-reshapes-company-plans-70-billion-spending-spree","status":"publish","type":"post","link":"https:\/\/telecomlive.in\/web\/2026\/06\/23\/oracle-cuts-21000-jobs-as-ai-push-reshapes-company-plans-70-billion-spending-spree\/","title":{"rendered":"Oracle cuts 21,000 jobs as AI push reshapes company; plans $70 billion spending spree"},"content":{"rendered":"<p>Oracle reduced its workforce by about 13%, or nearly 21,000 employees, during fiscal 2026 as the company continued a major restructuring of its business, a move that comes as artificial intelligence plays a bigger role across its operations. <\/p>\n<p>According to Oracle\u2019s annual report released on Monday, the company had 141,000 employees as of May 31, 2026. A year earlier, it employed around 162,000 people. <\/p>\n<p>According to Layoffs.fyi, a website that tracks job cuts in the tech sector, 196 technology companies have laid off more than 119,800 employees so far this year.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Oracle reduced its workforce by about 13%, or nearly 21,000 employees, during fiscal 2026 as the company continued a major restructuring of its business, a move that comes as artificial intelligence plays a bigger role across its operations. According to Oracle\u2019s annual report released on Monday, the company had 141,000 employees as of May 31, 2026. A year earlier, it employed around 162,000 people. According to Layoffs.fyi, a website that tracks job cuts in the tech sector, 196 technology companies have laid off more than 119,800 employees so far this year.<\/p>\n","protected":false},"author":8,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[63,4,12],"tags":[],"class_list":["post-1016312","post","type-post","status-publish","format-standard","hentry","category-it-2-the-financial-express","category-newspapers","category-the-financial-express"],"acf":[],"_links":{"self":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts\/1016312","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/users\/8"}],"replies":[{"embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/comments?post=1016312"}],"version-history":[{"count":1,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts\/1016312\/revisions"}],"predecessor-version":[{"id":1016328,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts\/1016312\/revisions\/1016328"}],"wp:attachment":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/media?parent=1016312"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/categories?post=1016312"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/tags?post=1016312"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}