US technology company Oracle has laid off about 21,000 employees over the past year as part of a business restructuring centered on artificial intelligence (AI). According to its latest annual report, Oracle’s full-time workforce stood at around 141,000 as of May 31, 2026, down from approximately 162,000 a year earlier. The company said increased use of AI across its operations has reduced the need for human staff, and this trend may continue.

The layoffs account for roughly 13 percent of Oracle’s global workforce. The company spent about 1.8 billion dollars on severance and restructuring during the year, compared with 374 million dollars in the previous fiscal year. Oracle also warned that shortages of skilled workers in certain roles could affect productivity and future earnings.

The report noted that the move aligns with a broader industry trend, as major technology firms such as Amazon and Meta have also cut thousands of jobs amid heavy investment in AI infrastructure and data center expansion.