Thread regarding Oracle Corp. layoffs

What's the difference in severance between countries, especially us and Europe?

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


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Post ID: @OP+1m2q5by1b

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@df
Technically it should only be your service in Australia. But, i would check the employment contract you signed when you started in AU.

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Post ID: @eq+1m2q5by1b

@af if you have done an international transfer to Australia, do they use your time in Australia to calculate this, or total tenure with Oracle?

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Post ID: @df+1m2q5by1b

Many US states are “employee at will” which almost means an employer can do whatever they want. Some have stricter guidelines but I’m not sure they get you any more time/money.
Today I had a direct deposit from Oracle for the last week worked plus the vacation time I still had on the books. I was lucky to have been hourly so I get that accrued vacation. If I was salary I would have received nothing additional.
Today is my last official day with the company which means no more pay and no more health benefits. I think they use to give you a little more time before they cut the benefits but not any more. Since I worked for Sun/Oracle for just over 26 yrs I maxed out at 26 weeks of severance pay.

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Post ID: @bc+1m2q5by1b

In Spain the law says that the company has to pay between 45 and 33 days per year, depending on when you started to work (before or after 2012), in general. In case of RIF conditions could be different if council works hard

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Post ID: @as+1m2q5by1b

@OP
In Australia, the general rule, if you don't fall in a collective agreement (which is Oracle) you have individual employment contracts. Most organisations pay 1 month per year for service.
Oracle changed this several years ago to pay 1 month / year of service capped at 6 months pay.

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Post ID: @af+1m2q5by1b

Best place to be hired or laid off is Germany.

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Post ID: @ae+1m2q5by1b

alot of differences across the globe. varies on duration of notice that you are being let go, the severance package, 1 year service = 1 month salary, lots of variables.

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Post ID: @aa+1m2q5by1b

which countries do you mean?

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Post ID: @a9+1m2q5by1b

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