Cerner Layoffs
May 2023
Cerner announced a layoff affecting 3,000 employees (11% of its workforce) in May 2023. The company operates in the Healthcare sector.
3,000
11%
May 16, 2023
About
Oracle, following its $28 billion acquisition of health IT giant Cerner in June 2022, has laid off over 3,000 employees from Cerner's original workforce of 28,000, representing a reduction of over 10%. These layoffs, part of a broader cost-cutting effort that also includes a freeze on raises and promotions through 2023, have occurred across various teams including marketing, engineering, and product, with cuts reported as recently as May 2023. The restructuring, while common post-acquisition, has severely impacted morale within the Cerner unit, exacerbated by leadership changes and the sale of Cerner's Kansas City buildings. The health IT industry giant, now integrated into Oracle Health, is undergoing significant transformation under its new parent company.
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