Laid-off Oracle workers tried to negotiate better severance. Oracle said no.
TechCrunch
Oracle laid off thousands of employees and refused to negotiate severance terms, which excluded unvested stock and sparked worker-led petitions for better compensation.Summary
Oracle terminated between 20,000 and 30,000 employees, offering a severance package that many felt was inadequate. The package failed to accelerate stock vesting, resulting in significant financial losses for many long-term employees, and utilized remote-work classifications to navigate around WARN Act protections. A group of at least 90 workers attempted to negotiate for improved terms similar to those offered by peers like Meta and Microsoft, but Oracle rejected these requests, maintaining a strict take-it-or-leave-it policy.
(Source：TechCrunch)