Published in News

Oracle lays off more employees

by on16 June 2023

Despite making profits

While Oracle is continuing to make a lot of cash it seems that the staff who bring them all that cash are surplus to requirements.

Software giant Oracle has laid off hundreds of employees and cut back on open positions in its health unit.

Apparently, the layoffs are due to problems Oracle IT health arm Cerner is experiencing with the US Department of Veterans Affairs (VA). The person added that with Cerner having less work due to the problems with its VA contract, and it had to cut jobs.

Cerner was supposed to be busy creating VA’s Electronic Health Records (EHR) using the IT giant's technology but the project has seen multiple problems since it started in 2020.  The project was recently  "reset" by VA because it failed to deliver the results it wanted.

VA renegotiated its contract with Cerner to "increase Oracle Cerner's accountability to deliver a high-functioning, high-reliability, world-class EHR system."

Oracle acquired Cerner last June and has been cheerfully letting go 3,000 of its employees have been let go.

The current round of layoffs have been in product, accounting, engineering, marketing, and legal departments.


Last modified on 16 June 2023
Rate this item
(0 votes)

Read more about: