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    Entlassene Oracle-Mitarbeiter versuchten, eine bessere Abfindung auszuhandeln. Oracle sagte nein.

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    2. readaditteet on

      Good for them for trying even when faced with what I can only imagine is an overwhelmingly powerless feeling 

    5. ithinkitslupis on

      >Particularly at Oracle, the company did not accelerate soon-to-vest RSUs. Any shares that hadn’t vested by the termination date were forfeited. That held true even for stock granted as retention incentives or in place of salary increases tied to promotions. One long-tenured employee lost $1 million in stock that was just four months from vesting; RSUs made up about 70% of his compensation.

      Whelp I wouldn’t calculate RSUs like real payment at Oracle going forward if I was a remaining employee. They just burnt that bridge.

    6. carthuscrass on

      Not sure I’d piss off a bunch of network experts while trying to simultaneously push an AI…

    7. TannusCorwin on

      I was pretty sure this was the point, and how Oracle prioritized the people getting laid off. They wanted to cut and retain as much money as possible. I am sure that the fact that someone has unvested RSU’s, that bumped to the top of the priority list, because not only would they save that salary, they get to reclaim the RSU’s as well.

    9. boogatehPotato on

      They were expecting anything different from evil vampire incorporated?

    10. Mmmwafflerunoff on

      Huh, maybe there could be like a large group of workers that gather together and like pay dues or something to work together to fight the Oligarchs. You could call it like a tribe!! No, no I think something else maybe. Hmm. What could it be. OH YEAH! A UNION!!! Quit placating shitheads that wouldn’t piss on you if you were on fire.

    13. mistertickertape on

      Oracle and Ellison are both notably crappy, to put it politely. Unless what they did was illegal, this isn’t surprising out either. The problem will now be when it comes to recruiting top talent – long term vesting RSU’s are going to be a non-starter. Anyone that accepts them will be setting themselves up to be screwed just like these people.

    15. PartyClock on

      I think the way we solve this is that any excess profits made during a layoff are required by law to be paid out to the laid off employees

    16. Hot-Helicopter640 on

      The reason that they don’t want to vest it is why they’re being let go

    17. Embarrassed_Quit_450 on

      Isn’t it the gamble of working in big tech nowadays? You can make piles of money or get screwed at any moment. Roll a dice.

      Edit: unless you’re an exec, then you make hundreds of millions regardless of how the company does.

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