Oracle cut 21,000 jobs because of AI. (opens in new tab)

That’s a workforce reduction of about 13 percent over the last 12 months, according to a disclosure filed Monday. And Oracle is hardly alone in at least partially attributing the cuts to AI advancements: > Worries are quickly mounting over job losses due to AI disruption, as 196 ‌tech ⁠companies laid off more than 119,800 employees so far this year, according to Layoffs.fyi. [Link: Oracle workforce shrinks by about 21,000 employees amid AI adoption | | Reuters]