On June 22, Oracle Corporation revealed in its annual financial regulatory report that it has let go of approximately 21,000 employees across the globe over the past 12 months, a number that surpasses market anticipations. Oracle clearly indicated that the integration and utilization of AI technology throughout its diverse business operations have played a role in the workforce reduction, and this trend may persist in the foreseeable future. According to publicly available data, by the conclusion of the fiscal year on May 31, 2026, Oracle's total full-time employee count worldwide had dropped from 162,000 the previous year to 141,000, marking a decrease of roughly 13%. Notwithstanding Oracle's robust growth in the fourth quarter of the 2026 fiscal year, with cloud infrastructure revenue soaring to $5.8 billion, a 93% year-on-year increase; total cloud revenue climbing to $9.9 billion, a 47% year-on-year rise; and remaining performance obligations swelling from $553 billion to $638 billion, hitting an all-time high, the company remains steadfast in its commitment to promoting the widespread application of AI across all business sectors and persistently refining its personnel framework.
