🚀 Business & Startups🌐 Global
Oracle Cut 21,000 Jobs in 12 Months — and Says AI Replaced Some of Them
mint - companies·Wednesday, 24 June 2026
Oracle reduced its global workforce by 21,000 employees over the past 12 months, a larger scale than was previously publicly known. The company confirmed that some of these roles were eliminated because artificial intelligence now handles those tasks. This is one of the clearest public admissions yet from a major tech firm that AI is directly replacing jobs.
Why It Matters
This matters to anyone in the tech industry, especially IT professionals in India who work with or for global firms — it shows AI-driven job cuts are real and accelerating.
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