#workforce-reduction
Oracle’s workforce shrank by about 13% as it bankrolls its AI buildout
Oracle ended its 2026 fiscal year with about 21,000 fewer employees than it started with, a reduction of roughly 13% that ranks among the deepest in the company’s history. The figure, disclosed in the company’s annual filing, puts a number on a process staff …
Over 93,000 jobs cut in tech so far in 2026 as AI drives cuts at Freshworks, Coinbase, others
Tech companies are implementing significant workforce reductions, with over 93,000 roles cut in early 2026, driven by AI and automation. Major players like Meta, Coinbase, and Freshworks are restructuring, leading to leaner teams and a shift towards efficienc…
Over 93,000 jobs cut in tech so far in 2026 as AI drives cuts at Freshworks, Coinbase, others
Tech companies are implementing significant workforce reductions, with over 93,000 roles cut in early 2026, driven by AI and automation. Major players like Meta, Coinbase, and Freshworks are restructuring, leading to leaner teams and a shift towards efficienc…