Show topics

Layoff severance package in Oracle/OCI

Microsoft ha377gh
May 29 14 Comments

Does anyone know what the severance package for layoffs, particularly for Seattle/OCI team, in Oracle?

Oracle
14

comments

Want to comment? LOG IN or SIGN UP
  1. TOP
  2. RECENT
  3. OLD
 TOP 14 Comments
  • Oracle raises.py
    1 month pay for first year of employment; an additional week of pay for every additional year.
    May 29 4
    • Nvidia bit-coin
      Wow nothing spells job security like a McDonald's last paycheck
      May 29
    • Microsoft ha377gh
      OP
      Thanks. Just worried if I join Oracle now, and there's always layoff news, how would that severance play out for newly joined that are impacted.
      May 29
    • Oracle raises.py
      If you're worried, don't join. You'll just always be anxious and that'll distract you from work
      May 29
    • Oracle raises.py
      To expand on that, I can't take that and the rarity of raises and refreshers.
      May 29
  • Oracle Twirl16531
    Rumor has it one month + one week for every year of service but that's unconfirmed by me personally.
    May 30 0
  • Nvidia bit-coin
    Uh do you know something we should know?
    May 29 0
  • Nvidia bit-coin
    Oracle just got acquired by Twitter right?
    May 30 6
    • Microsoft ha377gh
      OP
      Oracle is 6 times bigger than Twitter right?
      May 30
    • Nvidia bit-coin
      Only 5.5x bruh so possible
      May 30
    • Oracle oci
      How are you measuring size?
      May 30
    • Nvidia bit-coin
      Using metric, sorry I know it's confusing
      May 30
    • Oracle oci
      Yeah, which one...
      May 31
    • Nvidia ethercoin
      The Mexican metric
      May 31

Join verified employees in our anonymous social network! Download the app!

close