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Oracle slashes 21,000 jobs amid AI embrace as tech sell-off rocks Asia

Software giant Oracle axed around 21,000 roles in the last year as the US tech giant turbocharged its AI adoption plans – even as markets continue to question the rapid acceleration of the tech boom.The computing firm – which is listed on the New York Stock Exchange – said in its annual report the “deployment [...]

Raccontata dachannelnewsasia.comhandelsblatt.comstraitstimes.comgizmodo.comtechcrunch.comfaz.netcryptobriefing.comthenextweb.commorningstar.commanager-magazin.decityam.comexpansion.com+6 altre

Confronto fonti

6 prospettive sulla stessa storia
AI · summaries
cityam.comStai leggendo4 h fa

Oracle slashes 21,000 jobs amid AI embrace as tech sell-off rocks Asia

Oracle eliminated 21,000 roles (13% workforce) via AI deployment, spending $1.8bn on severance as Amazon and Meta pursue similar cuts. Asia's market collapse (Kospi -8.3%, SK Hynix -11.5%) reveals investor skepticism on AI capex valuations.

originale
cnbc.com1 h fa

Oracle sheds 21,000 roles over the past year amid wave of AI layoffs from tech giants

"The adoption and deployment of AI technologies across our operations have resulted, and may continue to result, in reductions to our workforce," Oracle said.

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straitstimes.com12 h fa

Oracle cut 21,000 jobs in 12 months, says AI replaced some roles

Oracle cut 21,000 jobs (13% of workforce) in 12 months, citing AI deployment and $1.8B restructuring. AI-driven compression is accelerating at legacy vendors; expect similar budget/headcount consolidation across Fortune 500 infrastructure software teams.

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theverge.com4 h fa

Oracle cut 21,000 jobs because of AI.

Oracle cut 21,000 jobs (13% in 12 months); 196 tech companies laid off 119,800+ in 2026—AI automation displacing mid-tier roles. Signals payroll repricing: IT budgets shift from headcount to AI infrastructure; hiring pressure expected through 2027.

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gizmodo.com10 h fa

Oracle Cuts 21,000 Jobs in One Year, Blames AI For at Least Some

Oracle cut 21,000 jobs (13% workforce) citing AI-driven automation, spending $1.8B restructuring with headcount down to 141,000. Oracle signals the AI shift: automation replaces internal engineering while the company bets $55.7B annual capex on data centers for AI customers.

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morningstar.com5 h fa

Oracle Sheds 21,000 Jobs as It Continues AI-Focused Streamlining

Oracle cut 13% headcount (to 141,000) while investing $70B in AI data center capex—restructuring for infrastructure-intensive AI dominance. For enterprise tech leaders, this signals vendor consolidation around capital-heavy AI compute; plan budget and stack transitions accordingly.

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Timeline cronologica

  1. lunedì 22 giugno 2026·channelnewsasia.com

    Oracle workforce shrinks by about 21,000 employees amid AI adoption

    June 22 : Oracle's total workforce declined 13 per cent, or about 21,000 employees in fiscal 2026, as the cloud computing giant continued restructuring its business, partly driven…

  2. lunedì 22 giugno 2026·channelnewsasia.com

    Oracle workforce shrinks by about 13%

    June 22 : Oracle's total workforce declined by about 13 per cent, or 21,000 employees, in fiscal 2026, as the cloud computing giant continued restructuring its business, partly…

  3. martedì 23 giugno 2026·handelsblatt.com

    Softwarekonzern: Oracle hat im Zuge seines KI-Umbaus rund 21.000 Stellen gestrichen

    Der Softwarekonzern hat inzwischen mehr als 13 Prozent seiner Belegschaft entlassen. Die Entwicklung verstärkt Sorgen in der Techbranche vor weiterem Abbau von Arbeitsplätzen.

  4. martedì 23 giugno 2026·straitstimes.com

    Oracle cut 21,000 jobs in 12 months, says AI replaced some roles

    Oracle is under financial pressure because of an expensive build-out of AI data centres for customers such as OpenAI. Read more at straitstimes.com. Read more at straitstimes.com.

  5. martedì 23 giugno 2026·gizmodo.com

    Oracle Cuts 21,000 Jobs in One Year, Blames AI For at Least Some

    It's using AI internally, and spending money to support AI everywhere else.

  6. martedì 23 giugno 2026·techcrunch.com

    The running list: major tech layoffs in 2026 where employers cited AI | TechCrunch

    A running look — in reverse chronological order — at the bigger tech companies that have announced significant layoffs this year with AI as a stated factor.

  7. martedì 23 giugno 2026·faz.net

    Oracle streicht 21000 Stellen: KI als Treiber des Umbaus

    Als Gründe für die Stellenabbau nennt Oracle unter anderem Führungswechsel, Produktumstellungen, strategische Neuausrichtungen sowie Zukäufe.

  8. martedì 23 giugno 2026·cryptobriefing.com

    Oracle workforce declines by 21,000 amid restructuring efforts

    Oracle cut 21,000 jobs in fiscal 2026, its largest-ever reduction, as it spends up to $2.1 billion restructuring around AI while revenue grows 22%

  9. martedì 23 giugno 2026·thenextweb.com

    Oracle’s workforce shrank by about 13% as it bankrolls its AI buildout

    Oracle ended fiscal 2026 with roughly 21,000 fewer staff, about 13% of its workforce, as it funnels cash into an AI data-centre buildout.

  10. martedì 23 giugno 2026·morningstar.com

    Oracle Sheds 21,000 Jobs as It Continues AI-Focused Streamlining

    By Fabiana Negrin Ochoa and Kimberley Kao

  11. martedì 23 giugno 2026·manager-magazin.de

    Oracle: 21.000 Jobs durch KI ersetzt - weitere könnten folgen

    Oracle-CEO Larry Ellison investiert etliche Milliarden in künstliche Intelligenz und baut Geschäftsbereiche um. Im abgelaufenen Geschäftsjahr gingen damit 21.000 Jobs verloren –…

  12. martedì 23 giugno 2026·cityam.com

    Oracle slashes 21,000 jobs amid AI embrace as tech sell-off rocks Asia

    Software giant Oracle axed around 21,000 roles in the last year as the US tech giant turbocharged its AI adoption plans – even as markets continue to question the rapid…

  13. martedì 23 giugno 2026·expansion.com

    Oracle recort� 21.000 empleos en su �ltimo a�o fiscal por la adopci�n de la IA

    La fuerte inversi�n en inteligencia artificial ha llevado a la compa��a estadounidense Oracle a recortar hasta 21.000 puestos de empleo en s�lo un a�o, un 13% de la plantilla.

  14. martedì 23 giugno 2026·dailysabah.com

    Oracle workforce down by 21,000 in year amid AI-led restructuring

    The workforce of U.S. software giant Oracle contracted by about 21,000 people over the past fiscal year as the company reorganized operations around...

  15. martedì 23 giugno 2026·theverge.com

    Oracle cut 21,000 jobs because of AI.

    That’s a workforce reduction of about 13 percent over the last 12 months, according to a disclosure filed Monday. And Oracle is hardly alone in at least partially attributing the…

  16. martedì 23 giugno 2026·cnbc.com

    Oracle sheds 21,000 roles over the past year amid wave of AI layoffs from tech giants

    "The adoption and deployment of AI technologies across our operations have resulted, and may continue to result, in reductions to our workforce," Oracle said.

  17. martedì 23 giugno 2026·cryptonomist.ch

    Tagli lavoro oracle per ai: ecco i dati e le cause

    Tagli lavoro Oracle per AI: eliminati 21.000 posti in un anno. La tecnologia avanza, il personale diminuisce. Scopri di più.

  18. martedì 23 giugno 2026·ilpost.it

    Oracle ha licenziato circa 21mila persone e si concentrerà sempre di più su progetti legati all'intelligenza artificiale

    Nell’ultimo anno fiscale la società informatica statunitense Oracle ha licenziato circa 21mila persone, cioè il 13 per cento della propria forza lavoro. I licenziamenti sono stati…

  19. martedì 23 giugno 2026·morningstar.com

    Dow Jones Top Company Headlines at 7 AM ET: Oracle Sheds 21,000 Jobs as It Sharpens Focus on AI | Porsche ...

    Oracle Sheds 21,000 Jobs as It Sharpens Focus on AI

  20. martedì 23 giugno 2026·neowin.net

    AI is indeed eliminating jobs, and Oracle just proved it

    Oracle confirmed that it has reduced its workforce by 13% this year as part of its AI adoption efforts. Also, more layoffs might be on the way.