{"id":235881,"date":"2026-06-23T11:45:00","date_gmt":"2026-06-23T15:45:00","guid":{"rendered":"https:\/\/testing.news-you-need.com\/index.php\/2026\/06\/23\/oracle-reports-ai-adoption-contributes-to-21000-job-cuts\/"},"modified":"2026-06-23T11:50:14","modified_gmt":"2026-06-23T15:50:14","slug":"oracle-reports-ai-adoption-contributes-to-21000-job-cuts","status":"publish","type":"post","link":"https:\/\/testing.news-you-need.com\/index.php\/2026\/06\/23\/oracle-reports-ai-adoption-contributes-to-21000-job-cuts\/","title":{"rendered":"Oracle Reports AI Adoption Contributes to 21,000 Job Cuts"},"content":{"rendered":"<p><a href=\"https:\/\/www.pymnts.com\/news\/artificial-intelligence\/2026\/oracle-reports-ai-adoption-contributes-to-21000-job-cuts\/\">Oracle Reports AI Adoption Contributes to 21,000 Job Cuts<\/a><\/p>\n<p><a href=\"https:\/\/www.pymnts.com\/news\/artificial-intelligence\/2026\/oracle-reports-ai-adoption-contributes-to-21000-job-cuts\/\">https:\/\/www.pymnts.com\/news\/artificial-intelligence\/2026\/oracle-reports-ai-adoption-contributes-to-21000-job-cuts\/<\/a><\/p>\n<p>Publish Date: <a href=\"publish_date]\">2026-06-23 11:45:00<\/a><\/p>\n<p>Source Domain: <a href=\"www.pymnts.com\">www.pymnts.com<\/a><\/p>\n<p>Sure, here\u2019s a summarized list of key points from the article regarding Oracle&#8217;s workforce reduction:<\/p>\n<p>&#8211; Oracle reduced its workforce by 21,000 employees, marking a 13% cut, bringing its current total staff to 141,000.<br \/>\n&#8211; The significant workforce reduction was noted by The Wall Street Journal, emphasizing the company&#8217;s restructuring plan involving severance and restructuring costs of $1.84 billion.<br \/>\n&#8211; Oracle anticipates that the adoption and deployment of AI technologies have contributed to these workforce reductions and will likely continue to do so.<br \/>\n&#8211; The company plans to spend $70 billion on AI data centers in the current fiscal year, up from $55.7 billion last year.<br \/>\n&#8211; This reduction brings Oracle&#8217;s workforce below 150,000 for the first time in four years.<br \/>\n&#8211; The tech industry-wide is experiencing substantial layoffs, with 196 tech companies laying off over 119,800 employees this year alone, driven largely by AI integration.<br \/>\n&#8211; According to Challenger, Gray and Christmas, AI is the primary reason cited for job cuts in May, reaching an almost two-year high.<br \/><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Oracle Reports AI Adoption Contributes to 21,000 Job Cuts https:\/\/www.pymnts.com\/news\/artificial-intelligence\/2026\/oracle-reports-ai-adoption-contributes-to-21000-job-cuts\/ Publish Date: 2026-06-23 11:45:00 Source&#8230;<\/p>\n","protected":false},"author":1,"featured_media":235882,"comment_status":"closed","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"fifu_image_url":"https:\/\/www.pymnts.com\/wp-content\/uploads\/2024\/05\/Oracle-1.jpg","fifu_image_alt":"","footnotes":""},"categories":[14],"tags":[],"class_list":["post-235881","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-artificial-intelligence"],"_links":{"self":[{"href":"https:\/\/testing.news-you-need.com\/index.php\/wp-json\/wp\/v2\/posts\/235881"}],"collection":[{"href":"https:\/\/testing.news-you-need.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/testing.news-you-need.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/testing.news-you-need.com\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/testing.news-you-need.com\/index.php\/wp-json\/wp\/v2\/comments?post=235881"}],"version-history":[{"count":1,"href":"https:\/\/testing.news-you-need.com\/index.php\/wp-json\/wp\/v2\/posts\/235881\/revisions"}],"predecessor-version":[{"id":235884,"href":"https:\/\/testing.news-you-need.com\/index.php\/wp-json\/wp\/v2\/posts\/235881\/revisions\/235884"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/testing.news-you-need.com\/index.php\/wp-json\/wp\/v2\/media\/235882"}],"wp:attachment":[{"href":"https:\/\/testing.news-you-need.com\/index.php\/wp-json\/wp\/v2\/media?parent=235881"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/testing.news-you-need.com\/index.php\/wp-json\/wp\/v2\/categories?post=235881"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/testing.news-you-need.com\/index.php\/wp-json\/wp\/v2\/tags?post=235881"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}