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 Notification filed Nov. 4 with the California Employment Development Department.
The notice did not specify which positions would be eliminated or the reason for the layoffs.
The institute did not immediately respond to a request for comment.
The institute, led by founding CEO Dr. David Agus, describes itself as a medical research and development center focused on artificial intelligence, molecular analytics and the prevention, detection and treatment of cancer and other complex diseases.
Its Los Angeles campus includes a preventive medicine and cancer clinic, research laboratories, clinical trial units, a health policy think tank and community education programs.
The institute opened in 2016 as the Lawrence J. Ellison Institute for Transformative Medicine of USC, following a $200 million donation from Ellison. It later became independent of USC.