Ellison-Backed Medical Institute in LA Plans Layoffs

Ellison-Backed Medical Institute in LA Plans Layoffs

Ellison Medical Institute, a Los Angeles cancer research and treatment center backed by Oracle co-founder Larry Ellison, will permanently lay off 88 workers early next year, according to a state filing. The layoffs at the institute’s facility at 12414 Exposition Blvd. are scheduled to take effect Jan. 3, according to a Worker Adjustment and Retraining […]

Oracle billionaire Larry Ellison’s medical institute set for mass layoffs in Los Angeles

The Ellison Medical Institute, led by founding CEO and oncologist David Agus, plans to permanently eliminate 88 positions in January, according to a Worker Adjustment and Retraining Notification (WARN) filed with the state on Nov. 4.

Cancer institute backed by Larry Ellison plans major layoffs in Los Angeles

A notice filed last week shows the Ellison Medical Institute in West L.A. will permanently cut 88 positions in the new year.

Billionaire Larry Ellison's cancer institute to cut 88 jobs

The Los Angeles cancer research center that Oracle co-founder Larry Ellison started with about $200 million will permanently lay off 88 employees in January.