Oracle to layoff 3,500 employees


 Oracle, a prominent player in the cloud industry, has allegedly terminated the employment of more than 3,000 individuals within the electronic healthcare records company Cerner, which it obtained for a substantial sum of $28.4 billion.

According to an Insider report, which relies on accounts from current and former employees, Oracle recently implemented a halt on salary raises and promotions. Additionally, the company reportedly carried out extensive layoffs within the unit, even as recently as this month. These actions took place following the completion of the acquisition in June of last year.

It is important to highlight that the acquisition of Cerner resulted in the addition of approximately 28,000 employees to Oracle.


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