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Laid-off Oracle workers tried to negotiate better severance. Oracle said no. 

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As was widely reported, Oracle axed an estimated 20,000 to 30,000 people via email on March 31.

One of the employees cut that day told TechCrunch about the experience: “I had, like, this weird feeling in my stomach. I went to go sign into the VPN, and the VPN was like, ‘this user doesn’t exist anymore.’ Then I called my friend, and I was like, ‘Hey, can you see me in Slack?’ And she said, ‘No, your account’s been deactivated.’”

The person soon received an email stating their role was terminated immediately. The severance offer arrived a few days later. But Oracle’s terms would quickly become a point of contention — and some laid-off employees would push back.

Oracle offered fairly standard Corporate America terms to laid off employees. In exchange for signing a release waiving their right to sue, employees received four weeks of pay for the first year, plus one additional week per year of service, capped at 26 weeks. The company was also paying for one month of COBRA insurance.

The catch: Although stock compensation often makes up a good chunk of a tech worker’s pay, particularly at Oracle, the company did not accelerate soon-to-vest RSUs. Any shares that hadn’t vested by the termination date were forfeited.

That held true even for stock granted as retention incentives or in place of salary increases tied to promotions. One long-tenured employee lost $1 million in stock that was just four months from vesting; RSUs made up about 70% of his compensation, Time reported.

Some employees also discovered that if they were classified as remote workers by the company, and didn’t work in a state with stronger worker provisions like California or New York, the company said they didn’t qualify for WARN Act protections.

The WARN Act is a law that requires companies conducting mass layoffs to give employees two months notice prior to letting them go. It’s triggered when 50 or more people are impacted at one location. By classifying employees as remote workers, the minimum location requirements can be sidestepped.

Some people were unaware they were classified as remote workers, because they were near an office and worked on a hybrid schedule.

Even if they were covered by the WARN Act, this did not necessarily extend severance, the former Oracle employee said. That’s because Oracle included the two-months’ WARN notice pay in its existing calculation of four-weeks, plus one week per year.

For a short time, a group of employees tried to negotiate en masse with Oracle, according to a letter seen by TechCrunch. At least 90 people signed a public petition urging the database and cloud computing giant to match the terms of other big tech companies conducting mass layoffs in the name of AI.

For instance, Meta’s severance package, according to an email published by Business Insider, started at 16 weeks of base pay, plus two weeks for every year of employment and covered COBRA for 18 months.

Microsoft, which extended voluntary retirement offers to long-serving employees, provided accelerated stock vesting, a minimum of eight weeks’ pay, and an additional one to two weeks for every six months of service, depending on rank, the Seattle Times reported.

And Cloudflare, which just cut 20% of its employees, offered lump sum severance that was the equivalent of base pay through the end of 2026, plus healthcare coverage through the end of the year, and accelerated vesting of stock through August 15. So if an employee was close to obtaining another tranche, they will get it.

Oracle declined to negotiate, according to an email seen by TechCrunch. It was a take-it-or-leave scenario, the employee said.

When asked about its severance terms, classifying employees as remote, and the failed attempt by employees to negotiate more, Oracle declined to comment.

Such a reaction from the company isn’t a surprise, not even to those who hoped to negotiate. But it does underscore that for all the theoretical high pay (often via stocks) and perks that tech workers enjoy when it’s an employees’ market, they have very few protections in place when it isn’t.

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2027: ‘Leave if you won’t support APC’ – FCT chairman threatens residents [VIDEO]

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Ahead of the 2027 general elections, chairman of Kuje Area Council in the Federal Capital Territory, FCT, Samuel Danjuma Shekwolo, has threatened to resist residents who intend to vote against the ruling All Progressives Congress, APC.

In a video clip circulating on social media, Shekwolo said he would not allow anyone in the council to work against the APC or oppose President Bola Tinubu’s re-election bid.

The chairman cited the developmental projects of President Tinubu and the FCT Minister, Nyesom Wike in the area council as reasons residents should support the ruling party.

He vowed to use his office to resist opposition to the APC during the 2027 elections.

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According to him, “I have said in my area council that it’s either you are for the APC or you leave the area council. I am not arguing about it at all.

“You know why? I cannot have the Minister and the President doing what they are doing, then on the day of the election, you will now say you want to match me. I will not agree.

“It’s either you are with us or you are against us.”

Video.

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Mikel Obi Ends Swipe At Arsenal, Tips Gunners To Win This Season’s English Premier League Title

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Former Super Eagles’ captain, John Mikel Obi has takken a different turn from his usual critical comments against Arsenal of England, as he has now tipped The Gunners to win this season’s race in the English Premier League because they are ‘steady, stable and settled.’

Sports247 reports that the former holding midfielder, who was a key player in Arsenal’s fellow-London-based rivals, Chelsea, during his days in the EPL, was critical of The Gunners’ style en route to their conquest of the league last season, but he is talking in a different tone this time out.

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Unlike when he slammed his namesake, Mikel Arteta’s side for relying on corner kicks and muscling tactics against their oponents during set peces, the ex-player took another look at The Gunners’ squad depth for the new season and concluded that continuity is the biggest asset that should give Arsenal the title again.

Mikel, who spoke to Flashscore during his visit to Ghana for The Obi One podcast, reckoned further that Arsenal’s biggest advantage in the new EPL campaign is a stable squad, built on the same array of quality players who are retained for the season under an unbchanged technical crew.

The former midfield enforcer, who also played for Stoke City and Middlesbrough, pointed out that, while several of their rivals have many new players and coaches, among several other changes, Arsenal have retained the core of their squad that won the EPL title last season.

“Arsenal, I think they will win because they are the team that is settled. They have had the same team for the past five or six years, and the same manager. He has built the team, he has built the winning squad, and now again he has added to that squad.

“I think they will get better and better. You can see City now, they struggle. Pep Guardiola has left, a lot of players have left, Rodri has gone. Chelsea have a new manager, Liverpool have a new manager, Newcastle have a new manager, Tottenham have a new manager, Manchester City as well.

“Manchester United still have a relatively new manager. When you put all of that into consideration, Arsenal are the team that is steady, stable and settled. I think that is something that is going to give them the advantage this season,” Mikel submitted.

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