Oracle lays off hundreds of employees in its Cerner health unit

San Francisco: Cloud major Oracle has laid off hundreds of employees and rescinded job offers in its $28 billion Cerner health unit, the media reported on Friday.

According to a report in Insider, citing sources, the company has also cut back open positions within its health unit “after troubles with a massive government contract”.

Oracle was yet to comment on the report.

The news about layoffs at Lerner surfaced last month. Oracle had acquired healthcare records firm Cerner for $28.4 billion.

According to Insider, Oracle paused raises and promotions and “laid off thousands of employees in the unit” as recently as May after the acquisition closed in June last year.