Oracle’s workforce shrank by about 13% as it bankrolls its AI buildout

Oracle ended its 2026 fiscal year with about 21,000 fewer employees than it started with, a reduction of roughly 13% that ranks among the deepest in the company’s history. The figure, disclosed in the company’s annual filing, puts a number on a process staff had been living through since the spring, when termination emails began […] This story continues at The Next Web