Oracle Cuts 21,000 Jobs in FY2026, Workforce Drops to 141,000

Oracle laid off approximately 21,000 employees during fiscal year 2026, representing a 13 percent reduction in its total workforce. The cuts were reportedly communicated abruptly, with some workers receiving termination notices via early-morning emails. The company's global headcount stood at around 141,000 by the end of May. The large-scale reduction reflects a broader trend of tech giants streamlining operations amid shifting business priorities.
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