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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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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