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Oracle Layoffs 2023: Since the beginning of 2023, many tech companies have fired thousands of their employees and now the tech company Oracle has fired 3 thousand employees on a large scale. A recent report revealed that not only 3,000 people have been laid off, but the company has also stopped increments and promotions for this year.
Citing a former employee who worked at Oracle, the Insider report states that the company has laid off people from electronic healthcare records firm Cerner. Remind that this firm was bought by Oracle in June last year for $ 28.4 billion, tell that about 28 thousand employees work in this company.
People of these departments were affected by the retrenchment
According to the report, employees working in engineering, marketing, legal, accounting and product teams have been affected by the company’s decision to lay off.
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Apart from this, it has also been mentioned in the report that the company has also announced that this year the employees should not expect anything, it clearly means that this year Increment or promotion etc. will not be done.
What is Cerner and what is the work of this company
Cerner Corporation is a supplier of health information technology services, devices and hardware. According to the report of news agency IANS, this company works to develop the National Health Records Database.
read this also- Vodafone will sack 11,000 employees, the company announced layoffs
Microsoft has also announced no salary hike
Let us tell you that Oracle is not ahead in terms of increment, Microsoft is also involved in this race. Let us tell you that Microsoft has already announced that this year the employees will not get increment.
