Cloud major Oracle has laid off hundreds of employees and rescinded job offers at its $28 billion Cerner health unit, media reported on Friday. The company has also cut open positions within its health unit “after trouble with a massive government contract,” according to an Insider report, citing sources.
Oracle had yet to comment on the report. News about layoffs at Lerner surfaced last month. Oracle acquired healthcare records firm Cerner for $28.4 billion. According to Insider, Oracle withheld raises and promotions as recently as May and “laid off thousands of employees across the unit” after the acquisition closed in June last year.
The acquisition of Kerner added approximately 28,000 employees. Oracle “hasn’t released or promoted, and earlier this year, announced that workers shouldn’t expect any until 2023”. Citing a former employee, the report said the layoffs “affect employees across all teams, including marketing, engineering, accounting, legal and product”.
The cloud major is developing a national health records database. According to Oracle President and Chief Technology Officer Larry Ellison, patient data will remain anonymous unless individuals consent to their information being shared. Ellison assures that Oracle’s database will anonymize all patient data.
Cerner is a leading provider of digital information systems used within hospitals and health systems, which enable medical professionals to deliver better healthcare to individual patients and communities.
Oracle’s new health records database will also include the patient engagement system the company is developing during the pandemic. Cloud is also working on the patient engagement system’s ability to aggregate information from leading wearable and home diagnostic devices.
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