Anyone know what Oracle approach for notice is? Package?
Do they keep it consistent or does it vary?
I’m lease pay it forward and share for the collective. I suspect differences could be challenged, especially in the same year.
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Also depends on where you're located. Got a 6 months paid notice period and 12 months severance package after 15 years in Engineering (Northern Europe)
As part of the most recent - we have 80 days.
If you are h1b - manager and hr can agree for extra 15 days - 1 m notices as it requires visa transfer. Done on humanitarian basis by very few managers.
If not news today pack today
Remember there are also differences between countries. Notice of a layoff in the US is almost unheard of. You have the WARN act but it’s so easy to workaround that.
The "standard" is 2 weeks notice (so you stay on the payroll, benefits and everything for 2 weeks after being notified). The "package" is 4 weeks pay + 1 week/year of service (rounded up if you have six or more months into your last year of service). One month of COBRA paid.
I assume if they decide to cut you, they do it before next round RSU vests, so you are not eligible.
If is vests say September 20 - when is the latest they would notify about layoff? 1 month before it or it can be 2 weeks, or 1 day before?