Oracle

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Abstract AI structures and futuristic cityscape symbolizing technological advancement and transformation, with human figures in the foreground.

Oracle Cuts 21,000 Jobs Amid Aggressive AI Investment Drive

Oracle, a tech giant with a market cap exceeding $300 billion, announced it is shedding 21,000 jobs, approximately 15% of its global workforce, as it aggressively pivots to artificial intelligence.

Ethan Caldwell·June 24, 2026