more than i expected. sad, right?
this post was submitted on 01 Apr 2026
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Per WARN Act aren't they required to provide 60 days to everyone?
Just to the government.
Typically, tech companies get around warn through garden leave, meaning you're employed and paid for 60 days but not able to actually work. Then, at the end of 60 days, warn is posted and severance is distributed. Is that what you're referring to?
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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 🫠
"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.
If you poured your years working for the Umbrella Corporation, you kind of had it coming.
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US labor laws are 3rd World and suck shit.
Nope. Third world's are better… actually, third world countries are trying to emulate us labor laws to make the employees easier to fire.
Thankfully the asshole trying to do that here is gone. I'm sure they'll find someone new to replace her soon though....
My friend was part of the layoff and said they are providing 2 weeks of benefits. So, no health insurance after 2 weeks. It’s barbaric that access to healthcare is tied to employers in this country.
Ownership class needs to extract as much value as they can out of their workers. They think that if you don't entangle healthcare with employment, then no one's going to work anymore. I think it is all projection; the wealthy already don't work nearly as hard as the people they exploit.
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One Rich Asshole Called Larry Ellison
What I find vaguely interesting is that the US hasn't managed to privatize unemployment insurance. I mean it could be made much more inefficient, line the pockets of the billionaires, and be of less use to laid off employees. Doesn't capitalism demand it be privatized?
Fuck man. Don’t give Elon ideas. They billionaires have already been trying to pay military and TSA wages. We seriously don’t need to continue creeping down this FAFO pathway.
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Seeing some of the other companies they compared it to just makes them look even worse... it just means other companies will see this as a way to offer less as well. Gotta meet those industry standards!
Also if you take the severance doesn't that mean you forfit unemployment? This package is so bad if you only been there a year that i would probably say screw them and take that instead, even if its less than my pay it will definitely be more over the 6 months it's allowed which is what i thought was one of the main reasons they offer these so the company can avoid the higher rate of contribution to unemployment if enough people claim it.
No severance doesn't effect your eligibility for unemployment. It does often reduce the number of claims however. Many people live off the severance until in runs out, then claim employment. You can also claim unemployment while still actively receiving severance pay.
Severance is usually tied to a non-disclosure agreement. If they want to enforce them, compensation is usually required in most states.
That's what I did when I was laid off last February due to Musk.
In some states you can actually work and still draw unemployment. I got a temp job to help fill the gap that unemployment left until I transitioned it into a permanent gig.
yeah I'm not sure how it works in the US if you take the severance you forfeit unemployment but with the way the tech sector currently is I would be in favor of taking the unemployment instead because god damn is it rough out there.
Also not to knock Oracle employees but that place doesn't have the most glowing reputation for "quality". that right there might hinder their job search. Unless they go to Amazon. they'll just hire anyone with a pulse as long as you agree to working on call.
You can take both. And for most tech sector workers, the unemployment payments are tiny compared thier salary. Also the unemployment payments don't last forever. For anyone with say 10 years at the company, the ttotal unemployment payout would be less than the severance.
You definitely take both. Apply for unenjoyment asap because it can take a few weeks for the money to start flowing. Also unenjoyment is much lower than pay, so you can’t expect to pay your bills with it
Also Oracle switched to so called "unlimited" PTO back in 2017. That means these people aren't getting any PTO paid out on top of the severance.
Last time I had to do this was a startup. We all worked insane hours trying to get the product off the ground but then
- layoffs just short of a year so can save on severance
- unemployment lower than my current mortgage
- paid money to buy out my options in case the company made it, but a couple weeks later they reissued them to zero
I assume this is what happens when you exercise stock options and so it's better to just look at them and think that they're interesting and that's about it
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Fuck Oracle. They charge absolutely insane prices for their licenses and you may as well just send them a blank check because no matter what, they're getting their slice of the pie. Larry Ellison is a disgusting MAGA cuck too. I hope he burns in hell.
The severance is usually packaged with a waiver that says you're not going to sue them for unlawful termination. they don't give you much time to think about it, so if you want to run it by a lawyer then you have to do it fast
Years ago, I took a nearly identical package to a lawyer, who asked if they had been a bad employer, anything actionable, but they'd been great, I was going to miss it badly.
He said it was a pretty standard agreement, better than most get, so if there wasn't a chance that I would want to sue in the future, it was best to just accept it, and move on.
I suppose it depends on your State, but most I have worked in have "Employment at Will" which they make you sign on the way in - basically means: you can be "let go at any time, for no reason whatsoever."
The really crappy thing about Oracle doing this like this is that these people are hitting the market with 30,000 other freshly fired Oracle workers all looking for the same kinds of jobs at the same time - in a market where lots of other companies are doing the same.
As a former truck driver, I wonder if any of those who were laid off due to AI, happen to be the same tech bros who were all loudly cheering the same sort of "computers will be doing your job soon, and I can't wait!" for the trucking industry....
Just a shower thought.
As a former kleptomaniac, I cant wait to see all the self driving trucks getting helplessly forced to the side of the road and ripped off while the people monitoring the cameras in India or Thailand frantically try to get the US police force to give half a shit about their fucking self driving truck getting stole from.
People about to make bank if they ever try to pull that shit, and it aint gonna be the people owning those trucks lol
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I believe that the reason for the layoff was due to the debt they took out to build data centers which was ~$10 billion so in order to not be too upside down they laid off 30k employees to save on payroll. I could be wrong on this fact, since I don't completely trust the source I got it from. But sounds like something Oracle would do.
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.
they need money for thier AI datacenters, they clearly cant afford, so slashing headcount was thier option to free up cash.
Despite the claims of the article, my buddy only got 2 weeks.
Holy shit that's low. So to get even just 8 weeks you need to have worked there for 5 years. And this from a rich company.
I work for a small company of 150 people. I've got 3 months of notice period in my contract, though it's going both ways. This protection started immediately after my trial period ended, which was also 3 months long. That's considered normal here in Switzerland for office jobs. The minimum by law after your first year of employment would be 2 months.
Just for reference, in the European context the Swiss labour laws are considered quite weak. Market liberalism is comparatively strong here.
Interesting, that doesn't even meet the statutory requirements in Canada, which is 1 week severence+ 1 week in lieu of notice per year of employment. One top of that civil case law will generally add another 2 weeks per year of employment for employees who have been with a company for more than 5 years. There are other factors involved in this however. The whole thing generally tops out at about 20 months, too.
That 1 week in lieu of notice per year of employment must be "a thing" elsewhere, I've seen it many times.
By the way, as I read the summary above, Oracle did meet the statuatory requirement in Canada + 3 additional weeks of severance. Not that this is "good" of Oracle, they're undoubtedly doing the minimum they can get away with - duty to shareholders over employees and all that.
They explained it more clearly later in the article. 4 weeks for the first year, then 1 week for each additional year of tenure. So a three year employee would get 4+2, which is the same as in Canada. But a 4 year employee would get 4+3 which is less than the statutory (1+1)*4 in Canada.
In Canada, once you get to about 6 years of employment, you can start to expect (1+1+2) * (# years). With a cap of about 80 weeks. You'd bust past the woeful 26 week cap with just 7 years of service.
And, BTW: You would need 23 years of tenure to hit that 26 week cap.
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Paywall.
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