Oracle recorded a sharp 13% drop in its number of employees during the 2026 fiscal year, following strategic changes and a transition to artificial intelligence.

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…

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…