Oracle revealed a 21,000-employee cut, a 13% decline, with AI cited as a factor. This trend is part of a larger issue: tech companies reporting record revenues while laying off workers. The pandemic hiring surge has led to bloated roles, raising questions about the true reason for these cuts. Below, we recap significant layoffs this year with AI as a stated factor. Why it matters: As companies focus on AI growth, they must consider the human cost and potential misallocation of resources.