6 hrs ago
Oracle Begins Layoffs With 6 a.m. Last-Day Emails
Oracle has started laying off some employees.
The employees were told about the decision in an email sent early in the morning.
The email said their jobs were being removed because of a larger company reorganization.
It also said that September 14 was their last day at work.
Documents said affected employees would receive four weeks of regular pay.
They could receive one extra week of pay for every year they had worked at Oracle.
One report said three employees were affected, but another part of the report did not give a total number.
The layoffs were expected to begin on that Monday.
Oracle began a new round of layoffs on Monday, September 14.
An internal email told affected employees that their roles were being eliminated.
The email described the cuts as part of a broader organizational change.
The notification said September 14 would be employees’ last working day.
Documents described severance of four weeks’ base salary plus one additional week per year employed.
- Who
- Oracle employees were affected, with one report identifying three employees.
- What
- Oracle began a new round of layoffs and sent termination notices to affected workers.
- Where
- Oracle; the articles do not specify particular offices or locations.
- When
- Monday, September 14; the emails were reportedly sent at about 6 a.m.
- Why
- The employees’ roles were described as being eliminated as part of a broader organizational change.
Key facts
- Company
- Oracle
- Layoff start
- Monday, September 14
- Notification
- An internal termination email said the affected employees’ roles were being eliminated.
- Last working day
- September 14
- Reported number affected
- Three employees, although the report also did not specify an overall total.
- Base severance
- Four weeks of base salary
- Additional severance
- One additional week of base salary for each year of employment
Sources
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