Oracle Lays Off Hundreds Of Its Employees, Cancels New Job Offers In Its Cerner Health Unit

US-based computer tech giant has reportedly laid off hundreds of its employees and even rescinded job offers in its $28 billion Cerner health unit. According to a report by Insider, the company has even cut back the open positions within its health unit "after troubles with a massive government contract".

Employees working in the marketing, engineering, accounting, legal, and product teams were affected by the layoffs, sources were quoted as saying by Insider. Cerner is a provider of digital information systems used within hospitals and health systems to enable medical professionals to deliver better healthcare to individual patients and communities.

Oracle had acquired healthcare records firm Cerner for $28.4 billion. The tech giant had also paused raises and promotions and laid off thousands of employees soon after the acquisition closed in May. The Cerner acquisition had brought over 28,000 employees.

According to reports, the cloud major is developing a national health records database. Oracle's Chairman and Chief Technology Officer Larry Ellison said that the patient data would be anonymous until individuals give consent to share their information. 

Oracle's new health records database will also involve the patient engagement system the company has been developing throughout the pandemic.

The Cloud major is also working on the patient engagement system's ability to collect information from wearables and home diagnostic devices.

Last week, US based online food ordering company GrubHub laid off 15 per cent or nearly 4,000 employees.The food aggregator company took this decision to maintain "competitiveness" in the market.