Oracle has cut approximately 21,000 jobs globally in the past year, driven by a company-wide reorganization focused on artificial intelligence (AI) integration. This restructuring is detailed in Oracle’s latest annual report. Amazon and Meta, the parent company of Facebook, have also significantly reduced their workforces in recent months, reflecting a broader trend within the technology sector. These layoffs are attributed to a strategic shift towards prioritizing AI technologies and streamlining operations. The job cuts impact various departments as companies adapt to the evolving technological landscape. The scale of the reductions indicates a substantial impact on the tech job market. BBC News reported on these widespread workforce adjustments across the major tech firms.