Oracle has cut around 21,000 jobs in the past year, citing the impact of artificial intelligence on workforce needs. The company’s latest filing shows declining headcount even as it invests heavily in AI infrastructure and expands cloud competition globally
Global technology companies have laid off over 73,000 employees in early 2026 as they cut costs and shift focus to artificial intelligence. Firms including Snap, Meta and Oracle are restructuring operations, with more job losses expected across white-collar roles
Global tech layoffs have crossed 80,000 in the first quarter of 2026 and may exceed 3 lakh this year, driven by AI-led restructuring. Major firms like Oracle, Amazon and Meta are leading job cuts amid cost optimisation efforts
