The growing use of AI contributed to Oracle laying off 21,000 workers in a year, according to a Securities and Exchange Commission filing on Monday.

In its annual regulatory filing for the fiscal year ending May 31, Oracle said it has 141,000 full-time employees. In its 2025 filing, Oracle said it had 162,000 employees. The reported 12.9 percent reduction followed March reports of mass layoffs at the database management software company.

"[T]he adoption and deployment of AI technologies across our operations have resulted, and may continue to result, in reductions to our workforce," the filing reads.

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The growing use of AI contributed to Oracle laying off 21,000 workers in a year, according to a Securities and Exchange Commission filing on Monday.

In its annual regulatory filing for the fiscal year ending May 31, Oracle said it has 141,000 full-time employees. In its 2025 filing, Oracle said it had 162,000 employees. The reported 12.9 percent reduction followed March reports of mass layoffs at the database management software company.

"[T]he adoption and deployment of AI technologies across our operations have resulted, and may continue to result, in reductions to our workforce," the filing reads.

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Oracle cut roughly 21,000 jobs over the past year as it reorganized around AI and ramps up spending on data centers for customers such as OpenAI and Meta. The restructuring cost the company about $1.8 billion and, while Oracle says AI deployment may drive further reductions, it also warns the cuts could create skills shortages and hurt productivity. The BBC reports: The software and cloud computing firm says it had around 141,000 full-time employees as of May 31, 2026, down from about 162,000 workers at the same time last year. The "deployment of AI technologies across our operations have resulted, and may continue to result, in reductions to our workforce," the report says. The cuts, which amount to about 13% of Oracle's workforce, are part of a wider trend among tech firms as they spend hundreds of billions of dollars on building AI infrastructure like data centers.

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ShinyHunters claims it exploited a critical Oracle PeopleSoft zero-day to compromise more than 100 organizations, including the University of Nottingham, where it says it stole 40GB of student and billing data. "ShinyHunters posted the UK university on its data leak site on Tuesday before publishing the stolen files later that same day, presumably because the school refused to pay the extortion demand," reports The Register. From the report: "University of Nottingham on our leak site is one of the first publicly confirmed incidents," a ShinyHunters spokesperson told us. "We have only just started outreach to affected orgs and are actively looking to reach an agreement with affected orgs." They didn't say when they planned to post the other 100 or so claimed victims. A Google threat intelligence report published Thursday afternoon corroborated ShinyHunters' claims to have compromised more than 100 organizations. Google said it spotted malicious activity, "consistent with the exploitation of CVE-2026-35273," between May 27 and June 9, and notified more than 100 global orgs "whose IP addresses correlated with potentially vulnerable endpoints." Most of these, we're told, are based in the US and 68 percent are in the higher-education sector. Oracle has released a "patch availability document," but it's unclear whether a patch is currently available.

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One of the world’s most active ransomware groups exploited a critical vulnerability in Oracle’s PeopleSoft software suite and used it to target about 100 customers and extort at least one of them to pay up in exchange for not leaking stolen data, researchers said.

The group, tracked as ShinyHunters, had been exploiting the PeopleSoft vulnerability for more than two weeks before Oracle flagged it. CVE-2026-35273, as the vulnerability is tracked, carries a severity rating of 9.8 out of 10, making the former zero-day one of the year’s most critical vulnerabilities to be exploited.

Google’s Mandiant security team said it’s an SSRF (server-side request forgery), a vulnerability that allows attackers to send requests from a susceptible server to systems used by the targeted organization. Oracle said the SSRF is remotely exploitable, and the company has issued a stopgap mitigation but has yet to fully patch the flaw. Google has confirmed that victims are receiving extortion demands.

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The tech giant warned of a security flaw that a cybercrime gang said it's exploiting as part of a mass-hacking campaign. Google said it notified more than 100 organizations that had potentially vulnerable servers.

The ShinyHunters hacking gang claims to have compromised the Oracle PeopleSoft servers of more than 100 organizations, including many universities.