Thread regarding Oracle Corp. layoffs

Oracle severance package is no where compared to other giant

Oracle ate all the RSU’s of laid off employees, cruel employer who didn’t pay for hard work. Oracle recruiters always push for equity compensation to inflate overall total compensation.


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| 11 views | | 8 replies (last May 10) | Reply
Post ID: @OP+1kr5rs6b8

8 replies (most recent on top)

@d9 so, are you expecting something to change? Unless laws get changed severance will just go down.

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Post ID: @dg+1kr5rs6b8

@bw I guess you should have been working there.

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Post ID: @df+1kr5rs6b8

Media coverage for Oracle severance packages seems getting lot of traction. I’m seeing lot linked and news posts.

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Post ID: @d9+1kr5rs6b8

@ac Other companies do give some leniency in vesting - ORCL has worst package

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Post ID: @d7+1kr5rs6b8

@bw they aren't up to their eyes in debt

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Post ID: @cn+1kr5rs6b8

sue if you live outside of US.

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Post ID: @by+1kr5rs6b8

Coinbase and cloudflare accelerated RSU vesting.

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Post ID: @bw+1kr5rs6b8

RSUs work the same at every company that offers them. They have a specific vest dates and if you leave for whatever reason before that date they are gone. You should have known this from the day you were awarded them. The only exception that I have ever seen is if you are over 60 and retiring some companies accelerate the vest dates on all or at least some of the outstanding RSUs.

It is an employers market and they are clawing back what they paid out during and after the pandemic. Other companies will offer similar packages to what Oracle is giving. They won't be getting better.

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Post ID: @ac+1kr5rs6b8

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