Laid-off Oracle workers tried to negotiate better severance. Oracle said no.
As was widely reported, Oracle axed an estimated 20,000 to 30,000 people via email on March 31.
One of the employees cut that day told TechCrunch about the experience: “I had, like, this weird feeling in my stomach. I went to go sign into the VPN, and the VPN was like, ‘this user doesn’t exist anymore.’ Then I called my friend, and I was like, ‘Hey, can you see me in Slack?’ And she said, ‘No, your account’s been deactivated.’”
The person soon received an email stating their role was terminated immediately. The severance offer arrived a few days later. But Oracle’s terms would quickly become a point of contention — and some laid-off employees would push back.
Oracle offered fairly standard Corporate America terms to laid off employees. In exchange for signing a release waiving their right to sue, employees received four weeks of pay for the first year,...
Copyright of this story solely belongs to techcrunch.com. To see the full text click HERE
