Oracle's Mass Layoffs: Kansas City's Tech Scene Shaken

0:00It's March 31st. Kansas News today starts now, AI-powered and ready. I'm Cory with the story. Oracle kicked off its largest layoffs ever this week, hitting hard at their Kansas City office on Interstate 435 and Bannister Road. Old Bannister Mall spot. Employees got emails around 6 a.m. Tuesday saying their roles were gone as part of big organizational shifts and that very day was their last. This ties back to Oracle Buying Surner, the health tech firm started in Kansas City back in 1979 for 28.3. Billion dollars in June 2022. Local Mayor Quentin Lucas had pushed to safeguard the 13,000 Surner jobs in the area before the deal. Folks on the Kansas City Reddit are buzzing, with users confirming they or their friends got Acts Tuesday. Bloomberg reported back on March 5th that thousands of cuts were coming company-wide, summing to AI stepping in for redundant roles. Business insider got hold of the layoff email,

1:02which thanked workers for their hustle and offered severance packages. Oracle runs with 162,000 employees globally and pulled in 57 billion dollars in revenue for fiscal year 20, 25. As these changes ripple out, Kansas City's tech scene feels the shakeup, but I stay on how Oracle pivots next in health tech.