Thread regarding Oracle Corp. layoffs

NetSuite layoffs Canada

My manager had 8 people and 4 of them had RIF.

Process: zoom invite, manager was sad but had to read out 5 lines provided by oracle restructuring. Manager personally apologized and we made a plan to meet outside for coffee. All access got deactivated in 5 mins.

2 weeks Severance Pay for every year you work.

Today is it happening in Canada.


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| 51 views | | 8 replies (last March 31) | Reply
Post ID: @OP+1kmztxm7c

8 replies (most recent on top)

@a3 NetSuite has a bonus program?

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Post ID: @c0+1kmztxm7c

September 2025 layoffs the severance was 3 weeks + ability to get RSU vest. Are you certain on the severance details?

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Post ID: @b9+1kmztxm7c

Do we know the specific teams / divisions got impacted the most?

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Post ID: @aq+1kmztxm7c

Did you get a 1:1 meeting invite yesterday/last night?

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Post ID: @a8+1kmztxm7c

Sorry my friend. Though, that is pretty decent severance package. Still would much rather have a job...

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Post ID: @a6+1kmztxm7c

So sorry to hear this! Some teams posting had said that they remained on the payroll for 60 days and then the severance started. Is that anything provided to CA?

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Post ID: @a5+1kmztxm7c

Which team in netsuite? Looks like netsuite is doing it first of all the gbus in canada/us similar to last septembet

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Post ID: @a4+1kmztxm7c

Will you get paid last Q's bonus ?

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Post ID: @a3+1kmztxm7c

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