Hier ist das Abfindungspaket, das Oracle entlassenen US-Mitarbeitern angeboten hat
https://www.businessinsider.com/oracle-offers-us-workers-up-to-26-weeks-severance-2026-3
Hier ist das Abfindungspaket, das Oracle entlassenen US-Mitarbeitern angeboten hat
https://www.businessinsider.com/oracle-offers-us-workers-up-to-26-weeks-severance-2026-3
27 Kommentare
>Severance includes 4 weeks‘ base salary plus 1 week per year of employment.
Saved you a click
From the article:
Oracle’s package is smaller compared to other recent Big Tech severance offers. Block, which recently laid off nearly half its employees, provided them with 20 weeks of salary, plus one additional week per year of tenure. They would also get six months of healthcare, a $5,000 stipend, and the option to keep their work device.
Edit: read wrong. Sorry, that’s the package Block offered. The one from Oracle’s is:
„The Oracle America, Inc. Severance Pay Plan defines the severance pay benefits that you are eligible to receive,“ the explanation states. „Per the Plan, you are eligible for Enhanced severance pay benefits of: four weeks of base salary for your first year of employment, plus one week’s salary for each additional year of employment, based on your most recent hire date, up to a combined maximum of 26 weeks of base salary.“
Im not from the US, but is this a good severance package?
Better than I received. Severance was capped at 6 months pay even though I had 20 yrs of service.
That’ll feel so great after you’ve been there 25 years and got laid off by email.
Living the dream!
As inadequate as this severance package is, I’m surprised that it is as generous as it is. I expected 2 weeks‘ salary, and don’t let the door hit you in the a** on your way out.
Oracle is among the most soulless and miserable companies on the planet. Any honest former employee would agree.
Wow that’s shit.
What a sh**ty package, especially after you’ve been there for a decade. Feel bad for everyone who got impacted.
I hope oracle goes break. Fuck them for what they did to java
The company i work for did something similar but it had a cap, I think 20 weeks was the cap? Since there’s no laws mandating it (thanks government) its surprisingly generous, since it being a layoff they might want you back later if they fix the company (I’ve seen it happen to a coworker, not impossible)
Criminally low. I will never work in the US if that’s the “good” deal showing humanity for the employee.
Severance includes 4 weeks‘ base salary plus 1 week per year of employment.
That’s terrible. IBM is the most similar enterprise tech company, and they give 3 months severance.
This is crazy good and they will most likely find a better job.
I’d be more interested in seeing what’s not said. Things like if you take this package, you’ve signed a noncompete and can’t work it the following companies or in the following fields.
Larry Ellison is a steaming 💩
Thank God I don’t live in the US. Working and living conditions sound terrible if one does not make a loooot of money. Good luck!
Perhaps, these layoffs will finally make the tech sector employees realize the value of unions and more of them will join unions
Are Larry’s secret lectures pro-Antichrist or something?
I work in an HVAC warehouse and recently they laid off 3 employees and one of them had worked here for 13 years and they gave them 6 weeks severance and they were very surprised that they’d gotten anything at all. The other two got 3 weeks and were pretty happy.
Was there a WARN announcement?
Replacing his employees to invest in AI and bribes to the government.
All so he can control a dying media empire and protect child rapists from having their feelings hurt.
One stick of bubblegum
A hollow sympathetic look
And a 20 page document about how you are not to disparage the company in anyway
Off with his
Love how Americans think they have the best country and criticise Europe as being communist…
30,000 employees acting collectively can pretty much do what they want.
I’m so sick of this version of Reddit. Always having to click through click bait post titles. Having to come to the top comment for the info that should have just been the title of the post in the first place.