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Oracle Has Cut More Than 20,000 Jobs This Past Year as Big Tech Reshapes Its Workforce

Oracle Has Cut
International Business Times Fews App News Provider
Fews App Post Time 3h ago

The cloud computing giant disclosed in its annual report that its global workforce fell to about 141,000 employees as of May 31, down from roughly 162,000 a year earlier, representing a decline of nearly 13%. Justin Sullivan/Getty Images Oracle has eliminated approximately 21,000 positions over the past year as artificial intelligence reshapes the workforce across several industries, particularly big tech. The cloud computing giant disclosed in its annual report that its global workforce fell to about 141,000 employees as of May 31, down from roughly 162,000 a year earlier.

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