21,000 jobs gone in a year: Oracle becomes the latest tech giant to cut workers due to AI adoption

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

Oracle cut 21k jobs (-13%), Meta 8k, Cisco 4k, PayPal 4.5k citing AI; Google reduced 35% managers. Record revenues with layoffs signal reallocation toward agentic workloads, reshaping middle-management and staffing priorities for tech leaders.