San Francisco: Cloud major Oracle has reportedly fired over 3,000 employees at electronic healthcare records firm Cerner, which it acquired for $28.4 billion.
According to an Insider report, citing current and former employees, Oracle withheld raises and promotions as recently as this month 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 issued raises or promotions, and announced earlier this year that workers shouldn’t expect any until 2023,” according to the Insider report that surfaced on Wednesday.
“The layoffs affected teams including marketing, engineering, accounting, legal and product,” said the report, citing a former employee.
Oracle did not comment on the report.
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.