Oracle Reshapes Workforce as Artificial Intelligence Becomes a Bigger Priority
Oracle has reduced its global workforce by about 21,000 employees as the company moves more aggressively into artificial intelligence and cloud technology. The decision marks one of the largest workforce reductions in Oracle’s history and reflects the growing impact that AI is having on the technology industry. Over the past year, Oracle has been transforming its operations to focus more on services that support artificial intelligence. The company believes AI will play a major role in the future of business, and it is investing heavily to strengthen its position in this rapidly expanding market. As part of that strategy, Oracle has reviewed its staffing needs and reorganized parts…