Tea Time Telugu logo
About UsContact UsPrivacy Policy

Copyright © 2026 All Rights Reserved by Eagle Eye Technologies .

Tuesday, 23 June 2026
About UsContact UsPrivacy Policy
Tea Time TeluguAd
GeneralPoliticsMoviesGossipsReviewsGalleryVideosShowsOTTSportsBusinessTechnologyHealth
తెలుగు
Login
logo
GeneralPoliticsMoviesGossipsReviewsGalleryVideosShowsOTTSportsBusinessTechnologyHealth
తెలుగు

Job Cuts Continue as Oracle Announces Another Major Workforce Reduction

10:30 AM, 23 June 2026
Job Cuts Continue as Oracle Announces Another Major Workforce Reduction

Oracle has disclosed that it laid off approximately 21,000 employees over the past 12 months, according to a regulatory filing. The technology giant stated that the growing integration of artificial intelligence into its operations, along with changing business requirements, contributed to the workforce reduction. The company also indicated that additional job cuts could take place in the future.

Following the layoffs, Oracle's global workforce has declined to around 141,000 employees, including 49,000 in the United States and 92,000 across international locations. As the company continues to invest heavily in cloud services and data center infrastructure, it is focusing on cost optimization and operational restructuring. The move reflects a broader trend among major technology firms embracing AI-driven transformation.

What's your reaction? 0 votes

Advertisement
Loading comments...
Suggested Posts
SpaceX Loses Over $600 Billion in Market Value

SpaceX Loses Over $600 Billion in Market Value

Gold Prices Take a Break...Here's How Much They Fell Today?

Gold Prices Take a Break...Here's How Much They Fell Today?

Big Blow to the Rupee...Dollar Surges Ahead

Big Blow to the Rupee...Dollar Surges Ahead

RBI Warns of Risks to the Indian Economy

RBI Warns of Risks to the Indian Economy

Blue Cloud moves towards partnership with SpaceX

Blue Cloud moves towards partnership with SpaceX

Falling Oil Prices Boost OMC Profitability

Falling Oil Prices Boost OMC Profitability

Tags
OracleLayoffsArtificial IntelligenceAITechnology NewsCloud ComputingData CentersWorkforce ReductionIT IndustryJob Cuts
Advertisement
Follow Us
FacebookInstagramYouTubeX
Loading latest stories...
Latest Stories
Hard Work Matters More Than Legacy: Ram Charan
Movies

Hard Work Matters More Than Legacy: Ram Charan

Centre Intensifies Fight Against Cancer
General

Centre Intensifies Fight Against Cancer

DK Shivakumar Accepts Kumaraswamy’s Challenge
Politics

DK Shivakumar Accepts Kumaraswamy’s Challenge

SpaceX Loses Over $600 Billion in Market Value
Business

SpaceX Loses Over $600 Billion in Market Value

Samantha Dominates the Box Office!
Movies

Samantha Dominates the Box Office!

Disproportionate Assets Case...Raids Conducted at 10 Locations
General

Disproportionate Assets Case...Raids Conducted at 10 Locations

I Stand Here Not as an Actor or Public Representative, But as a Son – Nandamuri Balakrishna
General

I Stand Here Not as an Actor or Public Representative, But as a Son – Nandamuri Balakrishna

Trisha's Silence on Vijay's Birthday.. What's the Reason?
Movies

Trisha's Silence on Vijay's Birthday.. What's the Reason?

US Proposes Major Hike in Citizenship Application Fees
General

US Proposes Major Hike in Citizenship Application Fees

Repeated Incidents Spark Fear Among Biryani Lovers
General

Repeated Incidents Spark Fear Among Biryani Lovers

Ananya Panday speaks about beauty and cinema
Movies

Ananya Panday speaks about beauty and cinema

‘My Dream Has Come True’: Emotional Vaibhav Sooryavanshi
Sports

‘My Dream Has Come True’: Emotional Vaibhav Sooryavanshi

Comments (0)

No comments yet

Be the first to comment!