TKC Told You So: Oracle Reports EPIC Job Cuts After Cerner Buyout

Remember that clueless local politicos and pundits said that local workers didn't have anything to worry about regarding the new boss.

Here's documentation to the contrary by way of a quote we liberated from a local biz mag:

"Oracle (NYSE: ORCL) reported to the Kansas City Area Development Council last year that Cerner had 11,900 local employees in 2022. But internal documents indicate the area employment has plummeted to 6,400 since the acquisition closed in June 2022. Bloomberg reported the data, citing internal company documents it had viewed. A series of job cuts followed Oracle’s $28.3 billion acquisition of the electronic health records company."

Read more via www.TonysKansasCity.com link . . .

Report: Oracle has drastically cut its KC workforce in former Cerner offices - Kansas City Business Journal

When Oracle acquired Cerner in June 2022, it reported 11,900 KC-area employees. In the time since, that number has diminished considerably, according to leaked data.