← All storiesBusinessDeveloping story Oracle cut 21,000 jobs because of AI.
That’s a workforce reduction of about 13 percent over the last 12 months, according to a disclosure filed Monday. And Oracle is hardly alone in at least partially attributing the cuts to AI advancements: Worries are quickly mounting over job losses due to AI disruption, as 196 tech companies laid off more than 119,800 employees so far this year, according to Layoffs.fyi. Posts from this author will be added to your daily email digest and your homepage feed. Posts from this topic will be added to your daily email digest and your homepage feed. Posts from this topic will be added to your daily email digest and your homepage feed. A free daily digest of the news that matters most. The Verge is a part of PMX Global, LLC, a subsidiary of Penske Media Corporation. © 2026 VM Publishing, LLC. All rights reserved. Sign in to see your notifications or create an account to join the conversation.
Jun 23, 2026
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Jun 23, 2026 → Jun 23, 2026
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