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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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[-] HamsterRage@lemmy.ca 3 points 1 week ago

They explained it more clearly later in the article. 4 weeks for the first year, then 1 week for each additional year of tenure. So a three year employee would get 4+2, which is the same as in Canada. But a 4 year employee would get 4+3 which is less than the statutory (1+1)*4 in Canada.

In Canada, once you get to about 6 years of employment, you can start to expect (1+1+2) * (# years). With a cap of about 80 weeks. You'd bust past the woeful 26 week cap with just 7 years of service.

And, BTW: You would need 23 years of tenure to hit that 26 week cap.

this post was submitted on 01 Apr 2026
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