In its annual 10-K filing with the Securities in Exchange Commission, Oracle said it had some 141,000 full-time employees. That's down from the 162,000 the company reported in 2025. The layoffs come as Oracle spends massive sums on AI facilities. In its fiscal 2026, Oracle spent $55.7 billion on capital expenditures. That's a 162% increase from the $21.2 billion it spent in fiscal 2025. Adjusted revenue for 2026 was $67.4 billion. That spending has sent Oracle's free cash flow plummeting nearly 6,000% to -$ ...