Thread regarding Oracle Corp. layoffs

When do you get your final severance payout?

I sent my paper work in last week, how long before Oracle pays out the final severance pay out? Thanks any help is greatly appreciated.

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| 2101 views | | 11 replies (last September 22, 2017) | Reply
Post ID: @OP+Plt3gwU

11 replies (most recent on top)

Severance deposited into account today.

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Post ID: @3osj+Plt3gwU

Same here, it will be nice to have money and move on.

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Post ID: @1bjq+Plt3gwU

Signed and mailed mine off on 9/7, received emailed that they received on 9/11 and payment scheduled on. 9/22.

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Post ID: @1bym+Plt3gwU

My paper work was received on the 13th of Sep.

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Post ID: @1dvb+Plt3gwU

How late can you send back the signed release ageement? Does Oracle give a deadline for this? Thanks.

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Post ID: @1kay+Plt3gwU

That sounds about right since there's a 7-day cancellation period of the agreement before they can release payment.

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Post ID: @1cjs+Plt3gwU

send email to hrssc-terms_us@oracle.com to inquire

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Post ID: @1ift+Plt3gwU

I was just checking into this myself, and got a response back "We received your signed severance agreement on 11Sep17 and loaded the information to Payroll on Friday, 15Sep17. You should receive payment on the following Friday, 22Sep17." So looks like the 2 week estimate from date they receive your release form is accurate.

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Post ID: @1rso+Plt3gwU

I heard it takes like two weeks?

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Post ID: @tkk+Plt3gwU

what kind of errors did they make?

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Post ID: @btw+Plt3gwU

Don't remember the exact time but it was weeks. Also be sure to check your final paycheck - they made errors on mine.

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Post ID: @qsk+Plt3gwU

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