Oracle lays off over 3,000 employees from healthcare database unit: Report
Cloud major Oracle laid off more than 3,000 employees at the electronic healthcare records firm Cerner which it acquired for $28.4 billion, according to an IANS report. Citing current and former employees, Oracle paused raises and promotions and “laid off thousands of employees in the unit” as recently as this month after the acquisition closed in June last year, the report added.
The Cerner acquisition had brought in about 28,000 employees. Oracle has “not issued raises or granted promotions, and, earlier this year, announced that workers shouldn’t expect any through 2023″, according to the report.
Layoffs “affected workers across teams, including marketing, engineering, accounting, legal, and product,” said the report, citing a former employee.
The Cloud major is developing a national health records database. The patient data would be anonymous until individuals give consent to share their information, according to Oracle’s Chairman and Chief Technology Officer Larry Ellison.
Also Read: Amazon India layoffs: Tech giant lays off about 500 employees in web services, HR teams: Report
Ellison has assured that Oracle’s database will anonymise all patient data. Cerner is a leading provider of digital information systems used within hospitals and health systems to enable medical professionals to deliver better healthcare to individual patients and communities.
Oracle’s new health records database will also involve the patient engagement system the company has been developing throughout the pandemic.
The cloud major is also working on the patient engagement system’s ability to collect information from wearables and home diagnostic devices.
As tech layoffs continue, Amazon is also reportedly firing 500 employees in India across different businesses and functions. In March, Amazon had revealed its plans to cut around 9,000 jobs from its cloud services, advertising and Twitch units as recession fears loom.
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