Oracle sheds 21,000 roles over the past year amid wave of AI layoffs from tech giants
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Source: CNBC
Published: 2026-06-23 20:09 UTC+10:00
Section: General
Factuality Score: 100
Opinion Category: Neutral
Topics: Technology & AI, Labour & Workers, Technology
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Snippet:
Oracle shed 21,000 jobs, almost 13% of its workforce, in the past year, as tech giants carry out sweeping layoffs as a result of AI.
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