SAN FRANCISCO: According to reports, cloud computing giant Oracle laid off more than 3,000 employees at the electronic healthcare records firm Cerner which it acquired for USD 28.4 billion.
As per a source 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 Cerner acquisition had brought in over 28,000 employees. Oracle "has not given raises or promotions, and earlier this year announced that workers shouldn't expect any through 2023," according to the Insider report that was published on Wednesday. As per reports, layoffs "affected workers across teams, including marketing, engineering, accounting, legal, and product," however, Oracle declined to respond on the report.
A national health records database is being created by the cloud computing major. Until patients opt to sharing their information, the medical data will be anonymous, according to Larry Ellison, chairman and chief technology officer of Oracle. Oracle's database will anonymize every piece of patient data, according to Ellison.
In order for medical personnel to give better care to specific patients and communities, hospitals and health systems use digital information systems from Cerner, a leading provider of such systems.
The patient interaction system that Oracle has been developing throughout the epidemic will also be included in the new health records database. The patient engagement system's capacity to gather data from wearables and home diagnostic tools is another project being worked on by the Cloud major.
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