According to three sources, Oracle (ORCL.N) let off hundreds of employees and canceled employment offers in its health arm on Thursday.
The layoffs follow thousands of corporate cuts due to rising inflation and interest rates.
Oracle’s health unit includes Cerner, which it bought for $28.3 billion in December.
The story attributed the layoffs to Cerner’s difficult work with the U.S. Department of Veterans Affairs, which hired Cerner to digitize its medical records.
According to the report, laid-off workers will receive four weeks of severance, one week for each year of service, and vacation days.
Oracle didn’t respond to Reuters’ request for comment.
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