Job Cuts: Now the trend of layoffs is shifting from tech companies to health companies. Another company unit has retrenched 3000 employees.
Layoffs News Update: The process of layoffs at the global level is not stopping. Another company has laid off more than 3000 of its employees. The company has saved about $ 28.4 billion with this decision. According to the report of IANS, at present, the increase in salary and promotion of former employees has also been stopped.
Such a huge layoff has been done by cloud major Oracle, which has fired more than 3 thousand employees in electronic healthcare records firm Cerner. About 28,000 employees were associated with Cerner. Regarding promotion, Oracle has said that workers should not expect anything till 2023.
From which teams the employees will be fired
Quoting an official in the report, it has been told that these layoffs have affected teams including marketing, engineering, accounting, legal and product. The cloud major is developing a national health records database. According to Larry Ellison, Oracle’s chairman and chief technology officer, patient data will remain anonymous unless individuals consent to their information being shared.
Oracle a digital health company
Oracle stores digital information data used within Cerner hospitals and health systems, enabling medical professionals to provide better healthcare to individual patients and communities. It is starting many types of services to ease the problems of the people.
Amazon fired 500 employees from India
Global retrenchment continues including India. Amazon is also reportedly laying off 500 employees in India from multiple businesses. In March, Amazon revealed its plans to cut nearly 9,000 jobs from its cloud services, advertising and Twitch units as recession fears receded.
