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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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[-] Sharkticon@lemmy.zip 6 points 4 hours ago

First of all very clearly says up to 26 weeks. So I don't know where you're getting 30 from. The fact that it's even shittier for other people doesn't make this not shitty though.

[-] Armok_the_bunny@lemmy.world 1 points 4 hours ago

4 weeks base plus up to 26 additional weeks depending on how long they were employed, which was my reading as well.

[-] titanicx@lemmy.zip -1 points 4 hours ago

4 weeks base pay. Plus up to 26 weeks based off years of service. So a long term employee can get up to 30 weeks of pay. Hell 4 weeks alone is better the 90% of employers.

[-] Sharkticon@lemmy.zip 0 points 4 hours ago

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.

[-] titanicx@lemmy.zip 1 points 4 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.

this post was submitted on 01 Apr 2026
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