What happened
Oracle stated that the adoption and deployment of AI across its operations had resulted, and might continue to result, in reductions to its workforce. The FY2026 Form 10-K put headcount at 141,000, down from 162,000 a year earlier, against about $1.84bn of restructuring costs. A number in a 10-K is a legal statement, not a press line, which is what makes this the strongest attribution on the list.
Attribution and company response
Revenue held, staff cut. The published revenue comparison held or grew — $67.4bn in FY2026, up 17.3%. This clears the tracker’s revenue screen; it does not prove AI substitution, completed departures or the absence of financial pressure.
What the figures show
WHO BENEFITS?
Oracle invested heavily in cloud infrastructure; the record does not establish gains for workers.
- Business performance
- $67.4bn in FY2026, up 17.3%
- Worker pay
- $98,899 median · FY2026-38.2% year on year
- Workforce impact
- 21,000 · 13%JUN 2026 · Scope of the reported event, not net job losses.
- Where the money went
- Free cash flow of −$23.7bn amid cloud investmentFY2026 · Not a shareholder payout.
Two-year history · 8 quarters
Sept 2024–Aug 2026 · USD millions · 5 of 6 measures cover every quarter. Checked 2026-09-22.
Each chart uses its own scale. Financial gains do not establish gains for workers or an effect caused by AI.
| Quarter ended | Revenue | Net profit / loss | Operating cash | Cash investment (PP&E) | Buybacks paid | Dividends paid |
|---|---|---|---|---|---|---|
| 14,059 | 3,151 | 1,304* | 3,970* | 150* | 1,118* | |
| 14,130 | 2,936 | 5,933* | 5,862* | 150* | 1,119* | |
| 15,903* | 3,427* | 6,157* | 9,080* | 150* | 1,403* | |
| 14,926 | 2,927 | 8,140 | 8,502 | 95 | 1,413 | |
| 16,058 | 6,135 | 2,066* | 12,033* | 0* | 1,435* | |
| 17,190 | 3,721 | 7,151* | 18,635* | 0* | 1,437* | |
| 19,184* | 4,304* | 14,620* | 16,493* | 0* | 1,502* | |
| 19,345 | 4,760 | 23,103 | 28,499 | — | 1,565 |
Consolidated company figures. Acquisitions, disposals, taxes and changes in reporting scope can affect comparisons. This series does not isolate AI effects.
* Calculated by subtracting reported periods: usually cumulative total minus the previous cumulative total, or full year minus nine months for Q4. Monday.com Q1 is half year minus Q2. Click a value for its source; click * for the subtracted period. Some calculations use different filings and may be affected by restatements. Fiscal dates differ between companies; compare the same season a year earlier.
Worker pay remains annual in the compensation table. Missing quarterly pay or headcount is not interpolated. This is financial-history coverage, not a complete assessment of who benefits.
Sources & limits
Revenue is not profit. These figures may cover different periods and do not isolate the effects of AI. Median pay includes more than salary and can change with workforce composition; it does not track raises for the same employees.
Which roles went, or whether the work moved to software or simply stopped.
The two years come from different sources and the 38% median drop is large enough to suspect a change in workforce mix or measurement rather than pay cuts alone. The FY2026 CEO figure is derived from median × ratio. Both need checking against the proxy itself before this series is relied on.
Allocation evidence: Negative free cash flow reflects investment exceeding operating cash generation; it is not an estimate of AI savings. Checked 22 September 2026. Allocation source ↗
Executive pay & historical figures
Annual stock awards can make CEO pay and its ratio swing sharply. No fairness rating is assigned to this ratio.
| Year | Median employee | CEO | Named executives, avg. | CEO / median |
|---|---|---|---|---|
| FY2025 | $160,000 | $30.0m | — | 188:1 |
| FY2026 | $98,899 | $1.1m* | — | 11:1 |
* Estimated from median compensation × reported ratio.
The two years come from different sources and the 38% median drop is large enough to suspect a change in workforce mix or measurement rather than pay cuts alone. The FY2026 CEO figure is derived from median × ratio. Both need checking against the proxy itself before this series is relied on.
Sources and dates
- Company filing · Morningstar / Dow Jones · JUN 2026.
- Financial record: Source ↗