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moves money The Register June 23, 2026

21,000 Oracle jobs vanish amid Big Red's big bets on AI

21,000 Oracle jobs vanish amid Big Red's big bets on AI
AI Summary

Oracle's workforce shrank by 21,000 over the last year, according to the company's annual report. In June 2025 [PDF], Big Red reported that it employed "approximately 162,000" employees. By June 2026 [PDF], that figure had fallen to 141,000.

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