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.
The company started notifying affected workers in the U.S. about the layoffs early Tuesday morning. Those who spoke to Business Insider said they received a notification email and were locked out of the company’s internal system at 3 a.m. Pacific.
Oracle declined to comment.
“After careful consideration of Oracle’s current business needs, we have made the decision to eliminate your role as part of a broader organizational change,” copies of layoff notification email viewed by Business Insider stated. “As a result, today is your last working day.”
Oracle’s package is smaller compared to other recent Big Tech severance offers. Block, which recently laid off nearly half its employees, provided them with 20 weeks of salary, plus one additional week per year of tenure. They would also get six months of healthcare, a $5,000 stipend, and the option to keep their work device.
People familiar with the matter told Business Insider that, in 2025, during layoffs at Meta, the company’s severance package included 16 weeks of pay and an additional 2 weeks for every year of service, plus 6 months of health insurance coverage.
Oracle’s offer is similar to Amazon’s, which said in January it would cut 16,000 corporate jobs and give affected employees full pay and benefits for 90 days, plus an additional severance package.
Oracle has a standard severance plan for US employees, a separate severance explanation viewed by Business Insider states.
“The Oracle America, Inc. Severance Pay Plan defines the severance pay benefits that you are eligible to receive,” the explanation states. “Per the Plan, you are eligible for Enhanced severance pay benefits of: four weeks of base salary for your first year of employment, plus one week’s salary for each additional year of employment, based on your most recent hire date, up to a combined maximum of 26 weeks of base salary.”
The payout will be adjusted for employees in states with a WARN notice period, the explanation states, and employees must have worked six or more months in the last year of their employment for it to be considered a full year for the purposes of the severance calculation.
Oracle employed around 162,000 full-time employees as of May 2025, according to its most recent 10-K filing. According to LinkedIn posts from laid-off employees, the cuts affected staff across Oracle Health, Sales, Cloud, Customer Success, and NetSuite.
Have a tip? Contact this reporter via email at [email protected] or Signal at +1-425-344-8242. Use a personal email address and a nonwork device; here’s our guide to sharing information securely.
Read the full article here
