Oracle Reports AI Adoption Contributes to 21,000 Job Cuts (opens in new tab)

Oracle reduced its workforce by 21,000, or about 13%, during the year ended May 31. The company now has 141,000 full-time employees, according to its latest annual report. That’s down from 162,000 employees in Oracle’s previous annual report. The Wall Street Journal, which flagged these numbers in a Monday (June 23) report, noted that […] The post appeared first on <a href="