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 day 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€“] Sharkticon@lemmy.zip 2 points 7 hours ago (1 children)

I think that's a very generous reading, generosity I don't think is warranted by this company.

Again it doesn't matter if other workers have it worse, that's irrelevant.

[โ€“] titanicx@lemmy.zip 0 points 7 hours ago

Companies like this have always had layoffs and hirings. It's the eb and flow of business. We have had a great amount of these, but the AI cracks are showing, and a rehiring will happen.