Thread regarding Oracle Corp. layoffs

For those getting a package via FedeX

This post could clear some things out, as some of the people are getting a package via FedEx, but their vacation is not zeroed out.

It sounds like they're going to try avoiding a WARN by keeping a certain amount of people on the payroll for an extra month or two. You'll get a package today via FedEx, but your vacation balance won't be paid off until they've removed you from payroll.

Posted by @P23GpT5-jmm

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| 3962 views | | 6 replies (last September 1, 2017) | Reply
Post ID: @OP+P2oRv6K

6 replies (most recent on top)

One thing worth doing immediately is generating an Employment Verification letter while you still have access...

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Post ID: @1kxq+P2oRv6K

How long until they get rid of PTO for all employees? That way they can avoid PTO payouts like this.

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Post ID: @gnh+P2oRv6K

What does the WARN cover ?

  • COBRA ?

  • Still on the company's payroll ?

Anything else ?

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Post ID: @yin+P2oRv6K

@ajb - yes you will get to keep it for that period

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Post ID: @cua+P2oRv6K

Being kept on the payroll is entirely due to WARN, not a way to avoid it. WARN requires a notice period but there's absolutely nothing in any state's WARN statute that says an employer has to let you continue to actually work - only that you remain an employee. Generally, you'll stay an employee on regular payroll, etc, for the 30 or whatever number of days required, then the package will trigger, PTO paid out, etc. You will also lose badge, email, and systems access and be asked not to come into work immediately just like everyone else WARN or not.

You'll get an extra month HI out of it, but the month payroll you get for WARN will be deducted from the severance calculation - remember, severance outside of WARN mandates is voluntary. So you don't get paid for WARN AND get full severance based on years of service. You do get COBRA for 30 days in addition to regular HI while you are still an "employee" so there's that.

This is exactly what happened when WARN was triggered in January, talk to some folks who were RIF'd then.

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Post ID: @jxu+P2oRv6K

I wonder if you get to keep health insurance if you are left on the payroll.

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Post ID: @ajb+P2oRv6K

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