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Tech giant Oracle sheds 21,000 jobs in a year as AI replaces some roles

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

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Tech giant Oracle sheds 21,000 jobs in a year as AI replaces some roles

Tech giant Oracle sheds 21,000 jobs in a year as AI replaces some roles

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 infrastructure.

Source

Originally published at www.bbc.com.

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