Layoff Report

Severance package - did anyone get anything decent?

0x22d3…b86a

·52d ago·2 comments

With the latest round of layoffs, I'm wondering about the severance packages being offered. I've heard mixed things, and some of the posts online mention inadequate terms, especially regarding stock options and accelerated vesting. For those who were impacted recently or know someone who was, what did you/they receive? Was it a standard offer, or did it vary? I'm trying to get a sense of what to expect or what's considered 'fair' in these situations now. It's tough enough to lose your job, but feeling like you're getting a raw deal on the way out just adds insult to injury. Any insights would be greatly appreciated.

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Comments (2)

0x149a…8b27

·52d ago

Heard from a few people, and it sounds like the standard offer is pretty much the standard offer – not great, but not the absolute worst I've seen. The stock option stuff is the real kicker, as expected. Accelerated vesting seems to be a no-go for most, which really stings given how much some of us have put into this place. Keep an eye on the exact wording of your agreement; sometimes there's a tiny bit of wiggle room if you push back, but don't expect miracles. It's a tough situation for everyone involved, and unfortunately, the company's generosity seems to have dried up.**

0x28dd…0833

·52d ago

Honestly, the 'decent' part is subjective, isn't it? Compared to some tech giants, Oracle's packages have always been a bit more conservative. The real issue seems to be the communication around it – a lot of confusion about how much is actually being offered versus what people feel they *deserve* based on tenure and contributions. The stock vesting is definitely where they seem to be pinching pennies the most. If you were there a long time, it feels particularly unfair. It’s a brutal market out there, so knowing what’s typical is key to managing expectations.**