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severance

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Oracle Lays Off 20,000–30,000 Employees on March 31rediff.com
technology7 hrs agoDeveloping

Oracle Lays Off 20,000–30,000 Employees on March 31

The company notified employees of immediate terminations on March 31, 2026, and later offered severance capped at 26 weeks along with one month of COBRA coverage. Laid-off workers forfeited unvested RSUs, including retention grants, prompting at least 90 to sign a petition seekin…

TechCrunch
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