this post was submitted on 01 Apr 2026
159 points (97.6% liked)

Technology

83696 readers
1209 users here now

This is a most excellent place for technology news and articles.

Our Rules

  1. Follow the lemmy.world rules.
  2. Only tech related news or articles.
  3. Be excellent to each other!
  4. Mod approved content bots can post up to 10 articles per day.
  5. Threads asking for personal tech support may be deleted.
  6. Politics threads may be removed.
  7. No memes allowed as posts, OK to post as comments.
  8. Only approved bots from the list below, this includes using AI responses and summaries. To ask if your bot can be added please contact a mod.
  9. Check for duplicates before posting, duplicates may be removed
  10. Accounts 7 days and younger will have their posts automatically removed.

Approved Bots

founded 2 years ago
MODERATORS
L3s@lemmy.world
enu@lemmy.world
technopagan@lemmy.world
L4s@lemmy.world
L3s@hackingne.ws
159
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
69 comments fedilink hide all child comments
 

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.

you are viewing a single comment's thread
view the rest of the comments
[โ€“] Paranoidfactoid@lemmy.world 6 points 1 week ago (1 children)

[โ€“] Treczoks@lemmy.world 19 points 1 week ago

In a civilized country, they would not be able to pull such a stunt. They would have to prove economical necessity to fire that many people. And it would be way more expensive: usual rates here are one months' salaries per year of employment. And they would be forced to actively help finding new jobs for the majority of ex-employees.