Oracle isn’t going to do more with less when their competition is doing more with more.
Everyone has AI agents now. You will only weaken your position if you lay people off and lean into those agents. Your competition doesn’t have to follow the same logic. Your competition will do more with more. Anything you do with less will lose footing.
That’s not even including smaller companies competing with Oracle now that they have AI agents. The drive for more software will increase with AI agents. Even more players are going to want a slice of that market share.