206
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
44 comments fedilink hide all child comments

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.

you are viewing a single comment's thread
view the rest of the comments
[-] Rooskie91@discuss.online 6 points 14 hours ago

Payday loans already do this.

[-] Doomsider@lemmy.world 2 points 12 hours ago

With an average annual percentage rate of 390% - 900% !

this post was submitted on 01 Apr 2026
206 points (98.6% liked)

Technology

83295 readers
3634 users here now

This is a most excellent place for technology news and articles.

Our Rules

  1. Follow the lemmy.world rules.
  2. Only tech related news or articles.
  3. Be excellent to each other!
  4. Mod approved content bots can post up to 10 articles per day.
  5. Threads asking for personal tech support may be deleted.
  6. Politics threads may be removed.
  7. No memes allowed as posts, OK to post as comments.
  8. Only approved bots from the list below, this includes using AI responses and summaries. To ask if your bot can be added please contact a mod.
  9. Check for duplicates before posting, duplicates may be removed
  10. Accounts 7 days and younger will have their posts automatically removed.

Approved Bots

founded 2 years ago
MODERATORS
L3s@lemmy.world
enu@lemmy.world
technopagan@lemmy.world
L4s@lemmy.world
L3s@hackingne.ws