Oracle workforce shrinks by about 13%

Oracle Corporation

Oracle Corporation

ORCL

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- Oracle's ORCL.N total workforce declined by about 13%, or 21,000 employees, in fiscal 2026, as the cloud computing giant continued restructuring its business, partly driven by the adoption of AI across its operations.

The company had a total workforce of 141,000 as of May this year, compared with about 162,000 in May 2025, according to its annual report released on Monday.

Oracle did not immediately respond to a Reuters request for comment.