Oracle Layoffs Fueled by AI, Reduces Workforce by 21,000

My take: Oracle disclosed in its annual SEC filing (the US stock market regulator) that it eliminated 21,000 jobs during fiscal year 2026, a 13% cut, and spent $1.84 billion on severance and office closures. And it put it in black and white in the document: the cause is AI adoption. It bothers me to read it, I won't lie, but you have to see it without drama and without naivety: Oracle isn't broke, it's in a very expensive and VERY profitable transition toward AI data centers and compute infrastructure for clients like OpenAI. The people who lost their jobs are real, many in support, QA, and traditional development, and that hurts. The signal for anyone in tech is crystal clear: companies no longer even disguise the cuts, now they write them into their official filings. That's why I keep insisting: AI is here to stay, and whoever learns to use it stops competing against it and starts riding on top of it. Of course, that's just my opinion.