Oracle lays off 21,000 employees in one year, acknowledges that AI has replaced some positions.

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Oracle Corporation has carried out massive layoffs over the past 12 months, with the scale of reductions far exceeding previous public knowledge, and has for the first time openly admitted in regulatory filings that artificial intelligence technology has led to the elimination of certain jobs.

In its annual financial regulatory filing on Monday, Oracle stated, "The adoption and deployment of AI technology in the company's operations has led to, and may continue to lead to, a reduction in the number of employees." By the end of the fiscal year on May 31, the company's global full-time workforce had fallen to 141,000, down about 21,000 from 162,000 a year earlier, a decrease of 13%. This round of layoffs brought about restructuring costs of approximately $1.8 billion.

This round of layoffs is closely related to Oracle's financial pressure from large-scale investments in AI data centers. Behind the significant reductions in labor costs is the company's substantial infrastructure spending needed to serve clients such as OpenAI. The exact scale of this round of layoffs has never before been officially disclosed, and the public release in this financial filing has allowed outsiders to access the complete data for the first time.

AI Expansion Alongside Cost Pressure

According to earlier reports from Bloomberg, Oracle had begun large-scale layoffs earlier this year to save cash flow, but the exact scale was never officially specified. The disclosure in this annual filing not only admits the layoffs but also directly attributes some job eliminations to the internal deployment of AI technology, a wording rarely seen in regulatory filings by major tech companies.

Geographically, as of the end of May, Oracle had about 49,000 employees in the United States and around 92,000 employees in overseas markets.

Oracle's current workforce is now slightly below the level before its acquisition of electronic health records company Cerner in 2022. At that time, the $28 billion acquisition brought a large number of new employees, many of whom were concentrated near Cerner's headquarters in the Kansas City area. As layoffs progressed, the expansion of personnel from this acquisition has largely been offset.

In terms of restructuring costs, the approximately $1.8 billion in spending further intensifies the company's short-term financial burden, while ongoing capital expenditures required for AI data center construction also put greater pressure on cost management.

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