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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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[–] 12 points 7 months ago (1 child)

My friend was part of the layoff and said they are providing 2 weeks of benefits. So, no health insurance after 2 weeks. It’s barbaric that access to healthcare is tied to employers in this country.

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  • [–] 5 points 7 months ago

    Ownership class needs to extract as much value as they can out of their workers. They think that if you don't entangle healthcare with employment, then no one's going to work anymore. I think it is all projection; the wealthy already don't work nearly as hard as the people they exploit.

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