Oracle has reduced its global workforce by approximately 21,000 positions over the past year, according to its recent annual report. The cuts reflect a strategic shift within the company towards prioritizing artificial intelligence (AI) technologies. This restructuring involves streamlining operations and focusing resources on AI-related products and services. The company did not specify which departments were most affected by the layoffs. Oracle joins a growing number of tech companies adjusting their workforce in response to economic pressures and the rapid advancement of AI. The move signals a broader trend of automation and a changing skill set demand within the technology sector. This downsizing aims to position Oracle for future growth in the increasingly competitive AI landscape.