21,000 jobs gone in a year: Oracle becomes the latest tech giant to cut workers due to AI adoption

Oracle has announced the elimination of 21,000 jobs over the past year, marking a significant shift as the company accelerates its integration of artificial intelligence into its business operations. This move reflects broader trends in the tech industry, where AI is increasingly replacing traditional roles, highlighting the transformative impact of automation on employment structures. The reduction underscores the competitive pressure on tech firms to innovate and streamline operations, potentially reshaping the landscape for both employees and employers.