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Oracle lays off 21,000 employees in just 12 months due to AI adoption and costly AI infrastructure ambitions — says layoffs will continue as internal AI deployment grows

The company claims the restructuring cost them almost $2 billion

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Oracle laid off 21,000 employees over the past year, citing AI as one of the reasons

Oracle Slashed 21,000 in 12 Months as AI Replaces Some Roles

Oracle shed about 20k roles globally in the last year