Oracle Reportedly Lays off 3,000 Employees at Cerner After $28.4 Billion Acquisition

[{"selector":"#anim-a228d98a-bddb-4591-a74d-7ab76856a5b7 [data-leaf-element=\"true\"]","keyframes":{"transform":["translate3d(-21.874999829338588%, 0, 0) translate(-25%, 0%) scale(1.5)","translate3d(0%, 0, 0) translate(0%, 0%) scale(1)"]},"delay":0,"duration":2000,"fill":"forwards"}] [{"selector":"#anim-73f7795c-61bf-4c4f-9f8b-c1e29b8c6b18","keyframes":{"opacity":[0,1]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-393d5c75-5111-4bfb-bb1f-68a120ed82d1","keyframes":{"transform":["translate3d(0px, 174.07408%, 0)","translate3d(0px, 0px, 0)"]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-25c9a7bf-f4c0-4b4e-a2fc-01305a577115","keyframes":{"opacity":[0,1]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-01755d2d-e5bb-4e5d-a0dd-3edc1ea6e135","keyframes":{"transform":["translate3d(0px, -311.93427%, 0)","translate3d(0px, 0px, 0)"]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] Oracle Reportedly Lays off 3,000 Employees at Cerner After $28.4 Billion Acquisition 19-05-2023

[{"selector":"#anim-329bc236-7f2a-443a-afd5-5e2a251851fa [data-leaf-element=\"true\"]","keyframes":{"transform":["translate(0%, 0%) scale(1.5)","translate(0%, 0%) scale(1)"]},"delay":0,"duration":2000,"easing":"cubic-bezier(.3,0,.55,1)","fill":"forwards"}] [{"selector":"#anim-8c81fb39-6d6e-4dd8-994d-0e448b733a63","keyframes":{"opacity":[0,1]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-3dc81120-90fd-45db-bc29-ea0ebbac6af4","keyframes":{"transform":["translate3d(0px, 122.31330%, 0)","translate3d(0px, 0px, 0)"]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-1f71dc68-6d01-4a15-94f7-6e5cd2b27b76","keyframes":{"opacity":[0,1]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-1a136551-ae32-4e61-bd5b-4e18c762f4ad","keyframes":{"transform":["translate3d(0px, -311.93427%, 0)","translate3d(0px, 0px, 0)"]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] Oracle, after acquiring Cerner, has allegedly laid off more than 3,000 employees. The layoffs affected various departments, including marketing, engineering, accounting, legal, and product.

[{"selector":"#anim-b07539c4-0cc6-47d8-8a78-60eb0c50932e [data-leaf-element=\"true\"]","keyframes":{"transform":["translate(0%, 0%) scale(1.5)","translate(0%, 0%) scale(1)"]},"delay":0,"duration":2000,"easing":"cubic-bezier(.3,0,.55,1)","fill":"forwards"}] [{"selector":"#anim-a9ba68b2-bcb7-4fa9-8c16-f0fdd41113b4","keyframes":{"opacity":[0,1]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-3d2f3067-c6bc-4876-8a45-4d4b1c8b63db","keyframes":{"transform":["translate3d(0px, 123.06882%, 0)","translate3d(0px, 0px, 0)"]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-5b6f4712-ca6b-4e32-823e-0a09ace49d32","keyframes":{"opacity":[0,1]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-511cf4df-d0cd-4b1a-8a05-8d3643c30cc7","keyframes":{"transform":["translate3d(0px, -311.93427%, 0)","translate3d(0px, 0px, 0)"]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] Oracle has paused raises and promotions for employees in the acquired unit, and there are no expectations of such benefits until 2023.

[{"selector":"#anim-34788552-72ec-4b43-bb9d-a0173861cc4d [data-leaf-element=\"true\"]","keyframes":{"transform":["translate(-17.944426862397968%, 0%) scale(1.5)","translate(0%, 0%) scale(1)"]},"delay":0,"duration":2000,"easing":"cubic-bezier(.3,0,.55,1)","fill":"forwards"}] [{"selector":"#anim-bd88f15c-a687-4a69-9a54-9ac42bdeebff","keyframes":{"opacity":[0,1]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-fff8289b-31c9-4489-b331-7cbbe47e9fdf","keyframes":{"transform":["translate3d(0px, 128.83603%, 0)","translate3d(0px, 0px, 0)"]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-6e6d23f5-e43c-4daa-98da-630adbcc32b2","keyframes":{"opacity":[0,1]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-1bc8e615-6b06-4d95-8872-e14d31d1b092","keyframes":{"transform":["translate3d(0px, -311.93427%, 0)","translate3d(0px, 0px, 0)"]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] Oracle's acquisition of Cerner brought in approximately 28,000 employees, making the layoffs a significant downsizing move.

[{"selector":"#anim-22b01629-866c-4a27-a1a9-b771d80a8260 [data-leaf-element=\"true\"]","keyframes":{"transform":["translate(-14.999999761642918%, 0%) scale(1.5)","translate(0%, 0%) scale(1)"]},"delay":0,"duration":2000,"easing":"cubic-bezier(.3,0,.55,1)","fill":"forwards"}] [{"selector":"#anim-268e1bc7-0f31-4bab-aeaf-0e61af551615","keyframes":{"opacity":[0,1]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-7ddfdeca-1260-4149-b97b-c77dac266106","keyframes":{"transform":["translate3d(0px, 121.90017%, 0)","translate3d(0px, 0px, 0)"]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-85b90084-425f-484f-aebd-eec8881feee8","keyframes":{"opacity":[0,1]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-59b83b4f-5021-4025-8fb1-4cab70aa5f33","keyframes":{"transform":["translate3d(0px, -311.93427%, 0)","translate3d(0px, 0px, 0)"]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] The layoff spree is not limited to Oracle, as major companies worldwide have been implementing similar measures. Amazon India, for instance, recently announced fresh layoffs impacting employees in specific verticals.

[{"selector":"#anim-cc83ebe2-791a-4015-a833-5e3003858d1b [data-leaf-element=\"true\"]","keyframes":{"transform":["translate(-3.552713678800501e-15%, 0%) scale(1.5)","translate(0%, 0%) scale(1)"]},"delay":0,"duration":2000,"easing":"cubic-bezier(.3,0,.55,1)","fill":"forwards"}] [{"selector":"#anim-199e9d3a-9a27-483d-8958-7e68a30d35a3","keyframes":{"opacity":[0,1]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-ec03db68-0772-418f-8d57-37a916f16e2a","keyframes":{"transform":["translate3d(0px, 129.34191%, 0)","translate3d(0px, 0px, 0)"]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-8dbaa186-c5ac-4b70-9403-5e2980a3cb07","keyframes":{"opacity":[0,1]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-3ecfef28-a618-4dd5-983f-b5b915fbf182","keyframes":{"transform":["translate3d(0px, -311.93427%, 0)","translate3d(0px, 0px, 0)"]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] This downsizing aligns with the earlier announcement made by Amazon CEO Andy Jassy in March, which stated that 9,000 employees would be impacted.

[{"selector":"#anim-8029c93f-5bf8-497f-88a9-cb2dd25a4c82 [data-leaf-element=\"true\"]","keyframes":{"transform":["translate3d(-12.514648210040342%, 0, 0) translate(-25%, 0%) scale(1.5)","translate3d(0%, 0, 0) translate(0%, 0%) scale(1)"]},"delay":0,"duration":2000,"fill":"forwards"}] [{"selector":"#anim-4c1fd646-c8f1-4a0b-84ca-73c8091804de","keyframes":{"opacity":[0,1]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-ac2286df-075d-4462-ba07-a8d0c9e935df","keyframes":{"transform":["translate3d(0px, 264.87467%, 0)","translate3d(0px, 0px, 0)"]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-dc7b1caa-17f9-4a48-ae5b-59cc7180e630","keyframes":{"opacity":[0,1]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-fc4e659a-1dbb-4e7a-9c40-b98240f43807","keyframes":{"transform":["translate3d(0px, -311.93427%, 0)","translate3d(0px, 0px, 0)"]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] BJP National President JP Nadda Launched Book in Delhi. Click here