Oracle has reportedly laid off more than 3,000 employees at the electronic health records company it bought for $28.4 billion.
According to Insider, the company has cut thousands of jobs, cutting pay raises and promotions at a division it recently bought from Cerner. Business today.
This step is after the purchase was completed in June of last year. It should be noted that the acquisition of Cerner has added approximately 28,000 employees to Oracle’s workforce.
According to a report released Wednesday, Oracle has refrained from giving raises or promotions to employees. Additionally, earlier this year, Oracle announced that employees shouldn’t expect any raises or advances until 2023.
“The layoffs affected employees across the group, including marketing, engineering, accounting, legal and production,” the report said.
Amazon India recently made new layoffs in its Amazon Web Services (AWS) and People Experience and Technology Solutions (PXT) verticals. BT Report it.
Amazon’s current round of layoffs is expected to affect 9,000 workers as part of the layoffs CEO Andy Jassy announced in March.
“The current round of layoffs was announced in March. Individuals in Indian groups have now been identified and given pink slips,” the report said.
So far, Amazon has announced a total of 27,000 layoffs, and the layoffs are still ongoing.
“We’ve also realigned where we spend our resources, which ultimately led to the difficult decision to cut 27,000 corporate roles.
There are several other changes we’ve made over the last several months to lower our overall costs, and like most leadership teams, we’ll continue to evaluate what we’re seeing in our business and continue to make adjustments. The company said in March.