Metral
Markets

Tech giant Oracle cuts 21,000 jobs as it embraces AI

The cuts are part of a wider trend among tech firms as they spend hundreds of billions of dollars on AI.

Tech giant Oracle cuts 21,000 jobs as it embraces AI

Tech giant Oracle cuts 21,000 jobs as it embraces AI

Published June 23, 2026 · Category: Markets

Overview

The cuts are part of a wider trend among tech firms as they spend hundreds of billions of dollars on AI.

Source

Originally published at www.bbc.co.uk.

Related Articles

CD
Metral Newsroom

Metral covers global markets, stocks, crypto and the economy — desk research and data-driven analysis. Tip our newsroom: [email protected]

Email the newsroom →
Disclaimer: This article is for informational purposes only and does not constitute investment advice. Data may be delayed up to 15 minutes. Past performance is not indicative of future results. Consult a licensed financial advisor before making investment decisions.