Key Facts
—The cut. Oracle’s headcount fell from 162,000 to 141,000 in the year to May 31, 2026, a loss of about 21,000 jobs, or roughly 13%.
—The admission. Unusually, the company told regulators in a formal filing that adopting AI was among the reasons for the reductions.
—The cost. Oracle booked about $1.8bn in restructuring charges, nearly five times the $374m it spent the year before.
—The math. That works out to roughly $85,700 of restructuring cost for every job removed, a figure no headline reported.
