Oracle's new CFO got $26M in stock after layoffs. Employee says an 'algorithm' targeted workers with stock options first

Learn more Days after Oracle fired up to 30,000 employees via a 6 a.m. email — as Moneywise previously reported — the company ...
The HR Digest

Are Oracle layoffs specifically targeting employee stock options?

Oracle layoffs may have intentionally targeted seasoned veterans who were on the verge of significant financial payouts.

Oracle accused of targeting employees with stock options in recent layoffs

A former Oracle employee accused the tech giant of targeting workers “with outstanding stock options” in a recent round of ...

Oracle gave its new CFO $26M in stock after firing up to 30,000 workers. Employee says an 'algorithm' may have targeted those with stock options first

The cuts came as Oracle posted a 95% profit jump and filed 3,100 H-1B visa petitions.
People Matters

Oracle layoffs targeted employees with pending stock payouts, claims former worker

Ex-employee alleges recent job cuts focused on staff with unvested stock as Oracle’s restructuring and AI push draw scrutiny.

Oracle layoffs: Ex-employee alleges algorithm targeted senior executives with unvested stock

Oracle has offered severance pay to 30,000 laid-off employees, amounting to four weeks' salary plus additional weeks based on ...

Oracle employee laid off after 34 years says layoffs may be driven by algorithm: ‘Quite a shock’

Nina Lewis, who spent over 3 decades at Oracle, said she was among the thousands laid off in the latest round.