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Oracle Lays Off 21,000 Workers, Citing AI Adoption in SEC Filing

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Oracle laid off 21,000 employees over the past year, reducing its workforce from 162,000 to 141,000, according to a Securities and Exchange Commission filing. The 12.9% reduction was attributed to the adoption and deployment of AI technologies across the company's operations. The filing noted that further workforce reductions may continue as AI integration progresses.

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