Allscripts, a developer of electronic medical records, said Monday it laid off 60 employees at its Raleigh office last week as part of a company-wide reduction of 250 employees.
The company had previously laid off 30 Raleigh employees in the first quarter.
The latest staff cuts came on the heels of Allscripts reducing its revenue projections earlier this month; the cuts leave about 1,140 employees at Allscripts’s Raleigh office, the Chicago-based company’s largest site.
Allscripts said it eliminated positions across numerous divisions, including services, support, solutions management, sales and administrative functions.
“We’ve been continuing to try to run a more and more efficient operation, and that’s not going to stop this quarter,” Rick Poulton, Allscripts chief financial officer, told analysts during a May 7 conference call.
Raleigh benefited two years ago in another corporate restructuring when Allscripts consolidated operations here and announced it would add 350 jobs at its North Raleigh office.
The company was eligible for as much as $5.35 million in state incentives if it retained 1,266 jobs it had here in 2013 and added 350 new positions. Allscripts was required to add the new positions by the end of 2017 under its incentives agreement.
The company said Tuesday it doesn’t expect to meet its job-creation targets in the near-term.
“We never received incentive payments from the state and do not expect to qualify for payments in the near-term,” said Allscripts spokeswoman Concetta DiFranco.
She said Allscripts remains committed to the Triangle.
“Raleigh remains our single largest facility in the United States and the talent pool in and around Raleigh remains some of the best in the country,” DiFranco said. “We anticipate again capitalizing on this talent pool as we continue to invest in strategic areas of our business.”
Allscripts reported earlier this month that its first-quarter bookings were $236 million, up $13 million from the same period last year. But total revenue declined 2 percent to $335 million, which the company attributed to a fall off in the company’s non-recurring professional services business.
Allscripts is shifting its focus to a recurring-revenue subscription model that delivers higher profit margins and has better growth potential. Sixty-three percent of the company’s bookings in the first quarter were such customers, compared with 54 percent during the same period last year.
Allscripts reduced its full-year revenue forecast for 2015 by about $30 million, going from a range of $1.43 billion to $1.46 billion to a range of $1.4 billion to $1.43 billion.
The company’s shares closed Monday at $14.08, down 10 cents. The stock is up 10 percent this year.