According to the Turkish news agency Anadolu, as of May 31, 2026, Oracle’s full-time workforce had decreased to 141,000, down from 162,000 a year earlier. This is according to the company’s published annual report.
The report notes that the integration of artificial intelligence technologies into operational processes has led to job cuts, and this trend may continue in the future.
These large-scale layoffs have also affected Oracle’s financial performance.
Expenses for severance pay and other restructuring-related costs rose from $374 million, recorded in May 2025, to $1.84 billion at the end of the last fiscal year.
Company management has warned that the reorganization process could lead to disruptions in work processes.
Against this backdrop, a trend among technology companies—primarily in the U.S.—is drawing attention: while investing hundreds of billions of dollars in building artificial intelligence infrastructure, including data centers, they are simultaneously seeking to cut personnel costs, which remain one of the largest expense categories.
According to Layoffs.fyi, a website that tracks layoffs in the industry, the number of employees laid off by tech companies worldwide this year alone has exceeded 121,000.
Follow our updates
