May 9
Oracle Layoffs Spark Outrage
Oracle has laid off an estimated 20,000 to 30,000 employees, with former staff speaking out against the severance terms 📊. The company offered a standard severance package, but it did not include accelerated vesting of soon-to-vest RSUs, which made up a significant portion of many employees' compensation 💸. This has led to criticism from former employees, who argue that the company's severance terms are inadequate. What do you think is a fair severance package for employees who have been let go due to mass layoffs?
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