#severance

Hello everyone,
I am considering leaving Oracle and would appreciate some advice on whether it is better to resign or retire.
Could anyone clarify the key differences between the two options, particularly regarding the severance/benefits package, notice periods, and overall requirements? Any insights would be greatly appreciated!

All you need to know about Oracle. Promised separation papers by 3pm pst. And nothing… late. LOL

Message from management is that we give RSUs to keep high performers and close to Zero base pay increments. During layoffs we they let go of certain people because they had a large RSUs due. So the logic appears to be make people slave with the promise of a reward and then cut them close to it. Oracle will sc--w you given a chance, make sure you view and treat them with the same manner. Worst severance in the industry - so always remember this and don't work too hard for Oracle, prioritize your interest first just like Oracle does. Seen multiple of my colleagues work crazy hours and then get like this. Out manager could not save them. Now it's 60 days for some of them to find a job or get out of the country. Others are burnt out and I don't think they are in a good space to do interviews. What does the 28 million dollar devils spawn tell us in the all hands - it is a good time to be at Oracle.

US Layoffs Roundup (9/17/2026)

• Bechtel - warned that up to 200 employees at its Reston, Virginia headquarters could be laid off following the end of its partnership with TerraPower on a Wyoming nuclear project.
• PepsiCo - laid off 143 workers at its Cheverly, Maryland facility as the company ends manufacturing and warehouse operations at the bottling plant.
• Oracle - new reporting puts the latest Washington state reduction at 359 employees, including program managers, software developers and engineers. Combined with 475 Seattle-area layoffs announced in June, Oracle has disclosed 834 Washington layoffs in those two rounds this year.
• Dartmouth Health - laid off 124 employees while eliminating 303 positions overall. Follow-up reporting says the reductions primarily targeted administrative and leadership positions as the health system works to improve its financial position.
• Health First - eliminating 214 positions across its Brevard County, Florida operations, representing roughly 2% of its workforce. The reductions primarily affect administrative roles and some patient programs.
• Truist - 205 employees in Arlington, Texas are being laid off as the bank exits indirect auto lending.
• Stanislaus County - approved 71 layoffs following a $17 million budget error. Nearly 40 of the affected Community Services Agency positions are reported to be in Child Protective Services.
• Aramark - plans to lay off 69 employees after losing its food-service contract with Boeing in the St. Louis area.
• Perstorp Polyols - is closing its Toledo, Ohio chemical facility. Reporting puts the planned workforce reduction at 66 employees, with layoffs expected to begin in November.
• Jacksonville Transportation Authority - local reporting says the agency is planning broad layoffs and major project changes as it addresses financial problems. A specific number of affected employees was not provided.
• Gadsden County - more than a dozen full-time positions could be eliminated as county officials consider layoffs to address a budget shortfall.
• UVM Health Network - follow-up reporting says employees and union members are protesting recently announced layoffs, including concerns about the effect of reductions on patient care.
• Amazon - follow-up reporting on the Port St. Lucie, Florida fulfillment center closure says 494 positions were originally listed as affected, although more than 200 employees have since transferred to other Amazon locations.
• McClatchy - additional reporting examines the impact of the newspaper chain's recent layoffs on local journalism. The Fresno Bee Guild is seeking assistance for eight employees affected by the cuts.
• New Jersey employers - follow-up reporting says September layoff announcements across multiple industries have now surpassed 1,000 jobs in the state, including more than 500 positions tied to a restaurant company.
• Unisys - a former employee filed a federal lawsuit alleging that a layoff targeted older workers. The claim is an allegation and has not been established as fact.
• National bank regulator - a union says the federal regulator overseeing national banks has begun another round of layoffs. The report does not provide a total number of employees affected.

#Layoffs #Cuts #WARN #Restructuring #Severance

US Layoffs Roundup (9/15/2026)

• IGN - layoffs hit multiple departments at the gaming and entertainment publication. Longtime hosts Seth Macy and Brian Altano were among those affected; the total number of employees laid off was not disclosed.
• Sionna Therapeutics - cutting 46% of its workforce as part of a strategic restructuring following a cystic fibrosis clinical trial setback.
• Des Moines - eliminating 43 city positions as part of budget cuts addressing a $17 million deficit. Twenty-eight positions are vacant, while 15 current employees are being laid off.
• Gardner-Webb University - eliminating 14 staffed positions as the North Carolina university responds to financial challenges.
• University of Vermont Health Network - announced additional job reductions amid financial pressures. Reporting indicates roughly 55 positions are affected.
• United Air Temp - follow-up reporting puts the planned mass layoff at 96 employees, nearly one-third of the Virginia-based HVAC, plumbing and electrical company's workforce.
• Uber - follow-up reporting provides local details on the company's previously announced 3,300-job reduction, with dozens of Bay Area employees affected and layoffs scheduled to take effect November 2.
• Portland Public Schools - recalled roughly half of the teachers who had recently received layoff notices, while some affected classrooms and employees remain in limbo.
• Kauai hotels - some hotels have begun laying off employees as disaster-related damage, power outages and reduced visitor activity affect the local tourism industry. The reports do not provide an overall employee count.
• New Jersey employers - nearly 270 workers across three companies face layoffs before the holidays, according to newly reported state layoff notices.
• Conifer Health - follow-up reporting confirms 1,037 employees tied to its Dallas operations will be affected by permanent layoffs effective November 2.
• Blizzard - follow-up reporting says employees continue to face layoffs despite recently securing a company-wide union contract. No new layoff count was provided.
• Ohio alcohol distributor - planned layoffs at Ohio locations have been delayed because of delays related to the closing of a transaction; the alert does not identify a new layoff date.
• Oracle - follow-up reporting confirms the company began another round of layoffs on September 14, with some U.S. employees receiving early-morning termination notices stating that September 14 was their last working day. The overall size of the round has not been disclosed. Separate reporting says more than 1,000 employees in India could also be affected.
• Amazon - confirmed nearly 500 employees are being laid off at its Port St. Lucie, Florida fulfillment center as the facility closes for renovations. Amazon plans to reopen the site in 2028.
• Amazon contractors - hundreds of workers supporting Amazon operations in the San Antonio area face layoffs expected between November 6 and November 19.

#Layoffs #Cuts #WARN #Restructuring #Severance

US Layoffs Roundup (9/13/2026)

• Uber - follow-up reporting says the company cut approximately 3,300 employees, or about 10% of its workforce, as part of a restructuring intended to simplify operations and redirect spending toward its robotaxi strategy.
• Ventura County Fairgrounds - a change in the food and beverage concession operator could result in layoffs affecting 128 hospitality workers.
• McClatchy - additional reporting continues to document substantial newsroom reductions across the newspaper chain, including major cuts at the Idaho Statesman, San Luis Obispo Tribune, Fresno Bee and other publications.
• Idaho Statesman - follow-up reporting says the newspaper lost more than half of its journalists as part of the broader McClatchy layoffs.
• San Luis Obispo Tribune - reporting says the McClatchy reductions eliminated three reporters, a photographer and the newspaper's opinion editor.
• Fresno Bee - follow-up reporting indicates the newsroom reductions may have affected approximately 30% to 40% of staff.
• Miami Herald / El Nuevo Herald - follow-up reporting says 28 jobs were eliminated and another four positions were frozen as part of the recent newsroom reductions.
• Ruiz Foods - follow-up reporting confirms 176 jobs are being eliminated at the company's Dinuba, California plant, with the reductions expected in November.
• News 4 San Antonio / WOAI and KABB Fox 29 - additional reporting confirms layoffs occurred at the two Texas television stations; an employee count was not provided.
• South Brunswick Township - approved a $1 million special emergency appropriation for severance costs associated with employee retirements and layoffs.
• YMCA of the Pikes Peak Region - reporting discusses layoffs connected with the closure of a downtown Colorado Springs pool while employees were negotiating their first labor contract; the number of workers affected was not specified.
• Howard Stern Show - additional coverage discusses previously reported staff layoffs and other changes to the show. No new layoff count or separate round was identified.
• Meta - new reporting examines the company's earlier management reductions and subsequent rebuilding of some management roles. Other reports reference 499 earlier Seattle-area job cuts; no new September layoff round was identified.
• Oracle - additional reporting says the company increased expected costs for its 2026 restructuring plan by another $700 million, bringing the total to approximately $2.8 billion, largely tied to severance and job cuts. The reports point to additional layoffs, but do not provide a new employee count.

#Layoffs #Cuts #WARN #Restructuring #Severance

If you were lucky to get a severance and leave good for you smart move. If you chose not to take it knowing what's been going on stop complaining. FTOWS If all you want to do is waste you time complaining here its not getting you anywhere spend time searching for a new company that will appreciate you

Wonder Group Inc. is relocating some operations to a new South Jersey facility, resulting in layoffs for over 500 North Jersey staff. The company is consolidating its production and distribution sites in Cranford and Fairfield. These layoffs are part of a strategic move to a larger facility in Swedesboro, aimed at long-term supply chain growth. While some employees may be offered roles at the new location, many will receive severance and outplacement services. The corporate site in Parsippany will remain operational.

Swedesboro, New Jersey

https://www.northjersey.com/story/news/business/2026/09/17/wonder-food-hall-company-layoffs/91809576007/

Got laid off a few weeks back and have some questions on the RSUs. If stock continues to drop, should I cash these out now versus waiting until the end of my severance to get the full paycheck? I’m worried what I have in here will tank by the time I get paid out, but this is also the first company I’ve had RSUs with so it’s still confusing to me

too many of you are stressing over stuff you have no control over. This place is on a death spiral. Thats it. Try to enjoy what you can and absolutely dont go nuts with work. The only way this place changes is when its gone and fully liquidated.

the market it brutal now, so stay on the ship for as long as you can, until your name gets called. while the severance is pathetic, its something and you will be able to collect unemployment.

Severance for the July lay off just hit! I can oficially say I'm done with this place. Good luck to everyone still there! With the likes of Rebecca Grattan and all the other incompetent leaders you are going to need it.

UVM Health is implementing another round of job cuts to address a significant budget deficit. The healthcare network plans to eliminate or restructure 199 positions across its Vermont and New York facilities. These changes are projected to save approximately $16.8 million annually. This action follows previous workforce reductions and is part of a broader effort to achieve financial stability. Affected employees will receive support during a transition period, including severance benefits if new roles are not secured.

Plattsburgh, New York

https://www.northcountrypublicradio.org/news/story/53962/20260916/uvm-health-announces-another-round-of-layoffs

Me and my entire team are now hoping to be cut. Severance sounds great in face of continued toxic culture and constant uncertainty.

I thought it would be the same, but looks like I was very much wrong.

I hope people impacted by the September layoffs are doing okay and will be back on their feet soon.

If you were one of them, what severance pay did the HR offer you?

So I'm over the 7 day wait period. Does anyone know if there is any notification after that or do we hurry up and wait?

Two Centenes showed up today.

At Deutsche Bank, the investor story was margin recovery: fewer Medicaid members, a major Florida contract exit, Medicare Advantage still working toward break-even, and hundreds of millions in severance, contract-exit, and third-party “optimization” costs excluded from adjusted SG&A.

Then Centene’s Chief Health Officer posted about a fellowship built around challenging assumptions, cross-sector partnership, affordability, access, and improving outcomes for the communities Centene serves.

Neither message is false. That is what makes the split-screen so effective.

One audience gets the carefully curated story of what can be shed, repriced, exited, or adjusted to make the numbers work. The other gets the mission story about what healthcare should become.

At Centene, “challenging assumptions” appears to mean asking everyone except leadership to accept theirs.

Centene gave the Deutsche Bank crowd a perfectly respectable update today: guidance holds, Q3 trends look like Q2, Medicaid margins are positive, and the turnaround is on track. All true.

But it was also a remarkably selective story.

The same update includes Medicaid membership falling about 9% this year; management estimating 25%–40% of expansion members could eventually become ineligible under work requirements; a Florida behavioral-health exit worth roughly $1.5 billion in revenue per quarter; and Medicare Advantage aiming for growth break-even or better in 2027. The remaining Medicaid population gets sicker as less-expensive members fall away, so the whole thing depends on rates arriving on time, medical-trend initiatives working, and states doing what they are supposed to do. They said as much. “Blocking and tackling” is executive-speak for there is no margin for another miss.

Then there is the scorecard. Centene’s adjusted SG&A excludes $355M–$405M in severance and contract-exit costs, plus $85M–$115M in third-party “optimization” costs. That does not make the recovery fake. It does make the victory lap awfully curated. The cost of making the company smaller is real, even when it is parked below the adjusted line.

So no, this is not really a growth story. It is a margin-recovery story built around fewer members, fewer contracts, fewer internal costs, more repricing, and a much narrower definition of success. Wall Street may love it. It may even work. But at some point, somebody should ask what is left after every non-profitable thing has been exited, every role has been optimized, and the members who remain cost more to serve.

At Deutsche Bank, Centene’s C-suite did not explain the turnaround. They curated the acceptable nouns: fewer members became “attrition,” contract exits became “discipline,” and the cost of putting people and vendors through “optimization” became an adjustment.

Remember “Candid conversations with care?” It would appear that was just another platitude.

It is a very polished story. It is not the whole one. Cute is not the same as candid.

I was laid off from FIS after 28 years. My severance pkg includes 52 weeks of severance paid bimonthly as if I were still employed. My first deposit was due yesterday. I did not receive it and still haven’t I have tried repeatedly to call The People Office number but their voicemail is full so I cannot leave a message. I have tried repeatedly reaching out via email. Again absolutely no response. I have reached out to upper management. Again no response. Do I need to fly to Jacksonville to get any response? This so wrong and so typical of their executive people. Stupidly I honestly trusted them to at least pay me on time.

Oracle has conducted consecutive layoffs blindly for stabilizing itself against the blind decision it took for AI data center. The severance, health benefits offered to laidoff candidates are very below to industry standards just covering the basics.
With Oracle resume its getting hard to search jobs in current market. The first question you get is are you impacted. once I said yes, they don't even think how skilled I am to come out but just treated me so negatively.
It hurts. I am marching forward taking it easy.
But its NOT OK. the health care support from Oracle is bad, salary is bad, severence is bad. its too much to tolerate.

If you were laid off and are a private side employee, how can you submit pre clearance requests for selling stocks? My access will be shutdown after Friday. I know others have brought this up before on here so don’t need to hear cr-p about posting a topic again. There are too many posts and didnt see any when I scrolled.

I don’t want to lose my severance because I didn’t follow protocol. Not sure if that they would hold it back but I can’t afford to give up that money.

I am part of the Splunk organization and our team has been handed over to the most toxic manager I have had in my entire working career. We couldn't tell if they were exceptionally stupid or if this was a strategy to get our entire team to quit without severance. On the .Conf floor, I learned there are other teams facing the same situation with their management. We've already had two folks quit that I have worked with for 10+ years. Did John Morgan instruct his management teams to find ways to get us all to quit so they don't have to pay out, or is the company culture to just hire trash directors now? Wondering how many other people are facing this.

Who are the best Lawyers to use for Calgary layoffs?

Any lawyers who have a good track record with Enbridge?

I was due my first severance pay after my layoff today. I did not receive it. I check with some other employees who were laid off and some did and some didn’t. I don’t know why I thought it would work smoothly. Nothing about FIS runs smoothly.

Conifer Health Solutions is laying off 1,037 employees. This action is due to a company restructuring. The layoffs are also related to ending services for CommonSpirit Health. Affected employees will be permanently separated on November 2. Most of these workers are remote but report to a Dallas office.

Dallas, Texas

https://finance.yahoo.com/healthcare/articles/more-1-000-workers-face-163814134.html

Curious, if anyone in the 65+ demo has ever tried to either negotiate severance or Sue for discrimination?

The end of my displacement period is after September 30. As I understand it, I am "eligible" for my bonus. There is nothing in the severance agreement regarding bonuses and I'm told I need to discuss any potential bonus with my manager. Ideally, this information would be in the agreement I'm signing. I'm wondering if anyone has received a bonus in a situation like this or if anyone knows if WF is open to changing the agreement.

How many weeks of pay?
How may weeks of Cobra?

Canadian Imperial Bank of Commerce has initiated nationwide layoffs impacting its contact center employees. The affected staff were notified last week through individual meetings, with many expressing surprise at the sudden job cuts. Reports suggest that up to 40 percent of contact center positions across the country may be eliminated. These reductions are reportedly part of a business restructuring effort that includes outsourcing operations to other countries. Severance packages will be provided to laid-off workers based on their tenure with the bank.

Halifax, Nova Scotia

https://www.saltwire.com/nova-scotia/halifax/cibcs-halifax-contact-centre-workers-shocked-by-layoff-notices

Oracle is providing laid-off US employees with four weeks of severance pay. This includes an additional week for every year of service. Previous reports indicated a maximum severance cap of 26 weeks. This package appears less generous than those offered by other major tech companies. The company recently initiated another round of workforce reductions.

Redwood City, California

https://www.businessinsider.com/oracle-severance-package-us-employees-2026-9

"Oracle's severance package appears less generous than those offered by its Big Tech peers."

Even the media is picking up on this.

I’m currently on approved medical leave and still an employee, but my employment is ending in October 2026.
Since Wells Fargo pays the 401(k) match as a lump sum at year-end and usually requires you to be employed on December 15:
Will an October termination forfeit my entire 2026 match?
Are there exceptions to the Dec 15 rule for medical leave or involuntary termination/severance?
Has anyone in a similar situation received a prorated payout or offset?
Thanks for any insights!

US Layoffs Roundup (9/14/2026)

• Oracle - began another round of layoffs on September 14 as part of what affected employees were told was a broader organizational change. Some teams are reportedly seeing double-digit percentage reductions. Oracle also increased expected costs for its 2026 restructuring plan by another $700 million, bringing the total to approximately $2.8 billion.

• United Air Temp - the private-equity-backed HVAC and plumbing contractor in Lorton, Virginia is planning a mass layoff affecting nearly 100 employees, with the job losses expected in November.

• Fiserv Solutions - filed a new New Jersey layoff notice affecting 98 workers. The latest reduction pushes reported New Jersey layoffs at the financial technology company above 200.

• Arkansas Department of Health - plans to eliminate 38 filled positions in November. Another 33 vacant positions will not be refilled.

• KO_OP - the worker-run game studio behind Goodbye Volcano High and Young Suns confirmed layoffs affecting 13 roles.

• McClatchy - additional reporting confirms that more than 90 journalists and other media workers were eliminated across 17 publications.

• Miami Herald / El Nuevo Herald - additional reporting puts the newsroom reductions at 28 jobs eliminated with another four positions frozen. Longtime Miami Herald sports columnist Greg Cote was among those laid off after 54 years with the newspaper.

• Conifer / Tenet - follow-up reporting says more than 1,000 workers are being laid off after CommonSpirit ended its service contract early and exited its stake in the Tenet-owned revenue-cycle company.

• CLYNK - confirmed it is closing its bottle and can processing facility in Biddeford, Maine, resulting in layoffs affecting 54 employees.

• Apple - follow-up reporting says approximately 100 employees working on Vision Pro-related efforts were laid off in reductions originally reported near the end of August. This is not a new September layoff announcement.

• Blizzard - new reporting discusses employees facing layoffs despite the company recently reaching a union contract and announcing games at BlizzCon. The alert does not provide a new layoff count.

• Polyarc Games - reporting says the Moss developer shut down, affecting 29 employees.

• Howard Stern Show - follow-up coverage references previously reported mass staff layoffs surrounding major changes to the show. No new layoff count or new round was identified in today's reports.

#Layoffs #Cuts #WARN #Restructuring #Severance

Is anyone optimistic that we will see the severance pay on the 25th? For those who accepted on the 4th? The seven day revocation period has ended if you submitted on that date and the 25th would be the next pay period… or do you guys think it will be later. I know it said 1-2 pay period but it also said as quickly as possible. Just curious.

I did not see the email of the RIf until about 8 hours later EST when I was able to access my work email just one last time, and there was an email sent at 6:01 AM. There, in that email, there is a link that you click to verify your personal email address along with your name and work email.

After that, I was not able to connect to work email. So if you haven't tried to reconnect into your work email, try again and you will see an email that says: Immediate Action Required.

The assumptioin is you will get documentation for severance and anything else in the coming weeks. I heard within 2 weeks give or take if not sooner.

HR sent an email out to people whose DFS job code doesn’t match a CapOne job code. Basically saying we need to apply to open reqs since our roles will be eliminated before the end of the DFS integration in Q2. It’s crazy because I’ve been working on the CapOne side for almost a year and they won’t just convert me. Another tactic they are using to get people to leave so they don’t have to pay severance.

Is it true?

Can somebody please either share or tell me where I can find company severance info? I'd just like to know what to expect in case of layoffs.