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Oracle cuts 21,000 jobs, now prepares another major layoff round: Report

Oracle is planning another round of layoffs after eliminating around 21,000 jobs in fiscal 2026, media reports said, as the technology giant looks to reduce payroll costs while taking on billions of dollars in debt to finance its artificial intelligence (AI) infrastructure expansion. more

Oracle cuts 21,000 jobs as AI transformation accelerates

Tech giant Oracle has cut approximately 21,000 jobs worldwide, representing about 13 percent of its workforce, during fiscal year 2026 as the company accelerates its shift toward artifici ...

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