Tech giant Oracle cuts 21,000 jobs as it embraces AI
The cuts are part of a wider trend among tech firms as they spend hundreds of billions of dollars on AI.
Coverage by Political Leaning
See how different sides of the spectrum reported this story
Key People
Locations
Tags
All Coverage
The cuts are part of a wider trend among tech firms as they spend hundreds of billions of dollars on AI.
Similar Stories
Related coverage based on topic and tags
Allianz to cut up to 1,800 jobs due to increasing AI use - Reuters
Allianz to cut up to 1,800 jobs due to increasing AI use Reuters
July 8, 2026 at 03:52 PMIBM warns AI boom is squeezing software budgets; shares slump in sector rout - Reuters
IBM warns AI boom is squeezing software budgets; shares slump in sector rout Reuters
July 14, 2026 at 12:42 PMIndia's Tata Consultancy Services plans up to 8,900 AI deployment engineers, seeks AI acquisitions - Reuters
India's Tata Consultancy Services plans up to 8,900 AI deployment engineers, seeks AI acquisitions Reuters
July 12, 2026 at 08:37 AMMicrosoft cuts 4,800 jobs and shrinks Xbox in 'significant restructure'
The sweeping layoffs equate to 2.1% of Microsoft's workforce, with 1,600 immediate job losses at Xbox.
July 6, 2026 at 03:18 PMOver 200 experts call for urgent action to tackle AI's economic impact - Reuters
Over 200 experts call for urgent action to tackle AI's economic impact Reuters
July 13, 2026 at 11:07 AMVolkswagen planning to cut up to 100,000 jobs globally
The group, which includes Porsche and Audi, has faced a steep fall in profits and tough competition from China.
July 13, 2026 at 04:19 PM