Thread regarding Oracle Corp. layoffs

Severance pay is lumpsum?

Anyone know whether the severance pay will be lumpsum or month by month?


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| 2502 views | | 9 replies (last September 9) | Reply
Post ID: @OP+1k4nh20mq

9 replies (most recent on top)

@as I seriously doubt we will be given the option of deferring severance until next year.

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Post ID: @dp+1k4nh20mq

My laptop is going back in pieces. Sorry about this it was an accident.

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Post ID: @df+1k4nh20mq

Final pay comes as a lump sum after your WARN period monthly paychecks. But you have to sign a non-sue agreement.

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Post ID: @d1+1k4nh20mq

You probably won't get the return box or final severance paperwork until after you are off the payroll.

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Post ID: @bb+1k4nh20mq

I havent received the laptop box yet. Im in Canada

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Post ID: @aw+1k4nh20mq

I don't believe you get your laptop box until you get your termination paperwork. Is there a way to kick the lump sum payment into 2026 to avoid the tax hit? Between salary to date and option forward vesting, this is going to be miserable tax year!

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Post ID: @as+1k4nh20mq

I have not received the return box yet. I am in the US.

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Post ID: @ar+1k4nh20mq

Lumpsum after laptop is returned, did you got you return box?

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Post ID: @a9+1k4nh20mq

Lump sum.

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Post ID: @a8+1k4nh20mq

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