I have received a business update meeting invite for today in UK. The expectation is clear. Do I need to take any specific steps before join the call?
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@b9 , this is @b6 who asked the question, thanks for the response. I can see some benefit from these laws but it takes bigger government to provide all of these services which isn't free. You pay much higher taxes in the EU/UK (income, property, sales, VAT) on average than most Americans who don't have the job protections. I wouldn't be surprised that over the life of a typical career you pay more in taxes to have these laws than the incremental increase in the severance that you receive for the layoff. I guess the analogy here would be it's like buying insurance. Nice to have when you need it but you pay the premiums whether you use it or not.
Have your checkbook ready as they are going to propose you to invest in a data center or something.
@b9 and less likely to get a 6am email saying "today is your last working day" shortly followed by account cutoffs.
@b9 Oracle hates litigation - it’s expensive
So generally in countries with laws which offer greater protection to employees (e.g.in Europe) the following may apply - longer notice period (Oracle often pays the salary for this to waive the notice period) and better severance packages.
And at the other extreme most US states don’t have very employee friendly laws at all, so notice and severance is the bare minimum
All of this said after these very deep cuts it’s going to be horrible, so it may be a blessing to get out of there, even if it doesn’t feel like it at the time
@b6 They don't necesarily save jobs but they give you more protection, better safety nets, and fairer treatment.
@a9 "At least EMEA has stronger employment rules than the US."
Serious question, do these stronger laws actually save jobs? For example, if Oracle says they are going to cut 500 jobs do the laws bring this number down or actually prevent it from happening? Or does it just drag out the process and maybe increase the severance?
What time?
Ask about internal roles, get your manager to agree to a follow-up call quickly and to engage with HR regarding internal roles.
Starting downloading your payslips, P60 etc. Not sure how quick access will go
Think about questions such as what happens next and timetables for attempting to secure any internal vacancy etc.
At least EMEA has stronger employment rules than the US.
Maybe also ask about the level of severance on offer.
@OP
Maybe set your phone to record before you join the call so you can listen back to specifics later
@OP Prepare any questions you might have for HR.
No. Maybe a strong drink