Oracle workforce shrinks by 21,000 employees amid AI push

Oracle's workforce took a significant hit last fiscal year, cutting 13% of its staff, or about 21,000 employees, as it shifts its focus towards integrating AI into its operations. This massive restructuring highlights the company's aggressive push towards artificial intelligence, which is reshaping its business model. This move likely reflects Oracle's strategy to streamline operations and reduce costs, while also keeping up with the competitive tech landscape dominated by AI advancements.