Oracle cuts 21,000 jobs over past year as it adopts AI

Oracle has eliminated 21,000 jobs over the past year as the software giant transitions toward AI technology. This significant reduction in human talent occurs as the company adopts AI tools amid the ongoing SaaSpocalypse. The workforce cuts reflect a strategic shift by Oracle to prioritize AI integration over traditional staffing. These layoffs demonstrate the company's commitment to replacing manual roles with automated systems to maintain its competitive edge within the evolving software industry landscape.