Oracle workforce shrinks by about 13%
Oracle Corporation
Oracle Corporation ORCL | 0.00 |
June 22 (Reuters) - 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.
