Cloud giant Oracle has allegedly terminated more than 3,000 employees from the electronic healthcare records firm Cerner, which it acquired for $28.4 billion. The layoffs occurred after the acquisition was finalized in June of the previous year and affected various departments, including marketing, engineering, accounting, legal, and product, according to a former employee cited in … Read more
The London-based money transfer service provider, seen as a rival to Western Union, is primarily targeting its customer care and engineering teams for the job cuts.
The layoffs have sparked a contentious debate, highlighting the challenges healthcare organizations face when balancing financial considerations and maintaining quality patient care.
In a recent announcement, LinkedIn, the Microsoft-owned professional networking site, revealed its plans to lay off 716 employees. The company will be discontinuing its Global Business Organization and redistributing its responsibilities among the existing Product and Engineering teams.
According to TechCrunch, Bishop Fox, a US-based cybersecurity firm, fired off 13% of its workforce, or 50 employees, just a few days after throwing a big party for its employees. The corporation apparently organized a party at the RSA cybersecurity conference and served branded beverages dubbed cyber soup. According to Bishop Fox’s official Twitter account, … Read more
Shopify is exiting its logistics business, selling it, and laying off 20% of its employees. Shopify bought Deliverr in May 2022 with the intention of competing with Amazon and Walmart in the e-commerce logistics market. Things did not go as planned, and the company is now selling Deliverr to Flexport. According to the Wall Street … Read more
Clubhouse, the audio app that enthralled Silicon Valley during COVID lockdowns, revealed on Thursday that it will lay off almost half of its employees. What you should know: According to CEO Paul Davison, the decision was made to build a smaller team focused relentlessly on product,” rather than due to the economic circumstances. He went … Read more
Anthemis Group revealed to TechCrunch that it completed restructuring early this year, which resulted in the layoff of 16 individuals, or around 28% of its workforce. Anthemis, located in London, said the move was made in order “to better reflect current market conditions and to set up the business for future growth” in line with … Read more
As the company continues to break from Starz, Lionsgate Motion Picture Group has laid off another group of employees on April 20th, 2023. While the actual number has not been released, several sources have suggested that it is a small group of employees. The two firms intend to complete the separation in September 2023. This … Read more
Pluralsight, a Utah-based software business, has announced more cuts to its employees four months after laying off 20% of its workforce, according to an internal blog post obtained by The Salt Lake Tribune. As of 5 p.m. Friday, the company had not responded to Tribune requests regarding how many workers were laid off earlier this … Read more