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Oracle sheds 21,000 roles over the past year amid wave of AI layoffs from tech giants

Tech CNBC By CNBC 23 Jun 2026 11:42 1 min read
Oracle sheds 21,000 roles over the past year amid wave of AI layoffs from tech giants

"The adoption and deployment of AI technologies across our operations have resulted, and may continue to result, in reductions to our workforce," Oracle said.

"The adoption and deployment of AI technologies across our operations have resulted, and may continue to result, in reductions to our workforce," Oracle said.

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