Oracle’s AI-Driven Mass Layoff of 30,000 Draws Backlash Over Severance Terms and Forfeited Stock
Oracle’s abrupt termination of an estimated 20,000 to 30,000 employees via email on March 31 has sparked significant employee pushback over what many regarded as inadequate severance. The company offered four weeks of base pay plus one additional week per year of service, capped at 26 weeks, but crucially did not accelerate unvested stock grants — meaning […]