this post was submitted on 01 Apr 2026
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Here's the severance package Oracle offered laid-off US employees (www.businessinsider.com)
submitted 1 week ago by themachinestops@lemmy.dbzer0.com to c/technology@lemmy.world
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Oracle offered laid-off US employees four weeks' base salary plus one week per additional year of employment up to 26 weeks as severance, according to an excerpt of internal severance terms viewed by Business Insider.

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[โ€“] frunch@lemmy.world 32 points 1 week ago* (last edited 1 week ago) (2 children)

Imagine pouring your years and efforts into making this company the giant it became, and this is how they repay you. I have to imagine it's gonna be hard to find a new job at the same pay level etc, considering everyone is currently making big cuts to their workforce ๐Ÿซ 

"After careful consideration of Oracle's current business needs, we have made the decision to eliminate your role as part of a broader organizational change," copies of layoff notification email viewed by Business Insider stated. "As a result, today is your last working day."

Oh, and one last thing:

Oracle declined to comment.

[โ€“] Dojan@pawb.social 4 points 1 week ago

If you poured your years working for the Umbrella Corporation, you kind of had it coming.

[โ€“] titanicx@lemmy.zip 1 points 1 week ago

Anybody in tech knows that this is the norm. In fact most people in tech usually jump jobs to be able to find a raise or get better package or anything like that. Anybody that has been working for a company for years and years and years is kind of becoming a unicorn.