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Here's the severance package Oracle offered laid-off US employees (www.businessinsider.com)
submitted 7 months ago by to c/technology@lemmy.world
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Oracle offered laid-off US employees four weeks' base salary plus one week per additional year of employment up to 26 weeks as severance, according to an excerpt of internal severance terms viewed by Business Insider.

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[–] 13 points 7 months ago

The severance is usually packaged with a waiver that says you're not going to sue them for unlawful termination. they don't give you much time to think about it, so if you want to run it by a lawyer then you have to do it fast

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  • [–] 10 points 7 months ago*

    Years ago, I took a nearly identical package to a lawyer, who asked if they had been a bad employer, anything actionable, but they'd been great, I was going to miss it badly.

    He said it was a pretty standard agreement, better than most get, so if there wasn't a chance that I would want to sue in the future, it was best to just accept it, and move on.

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