Oracle faces backlash after layoffs impact employees battling cancer
Follow UsOracle laid off over 30,000 employees globally via an early morning email.
Impacted workers include long-term staff battling cancer who lost health insurance.
Severance packages are capped at 26 weeks with no extended healthcare.
The latest news that has been making headlines globally has been the recent layoffs announced by the tech giant, Oracle. In a sudden move, the company fired more than 30,000 employees over an email, which was sent out early in the morning. The impacted employees included a bunch of people who had been associated with the company for more than 20+ years. And if that wasn’t enough, recent discoveries have suggested that the situation is getting worse. As per the latest reports, a few of the employees who were battling cancer have been affected, resulting in them losing their health insurance. Let’s take a look at what’s going on.
SurveyAlso Read: Oracle layoffs hit India hard: 12,000 jobs cut, more layoffs may follow soon
Horror stories from affected Oracle employees
After the news about the global layoffs from Oracle broke out, the r/employeesOfOracle subreddit, over on Reddit, was filled with posts detailing their layoff experience. Many shared that they had been working with the company for decades, and even after so much time with the company, they were fired without any prior notice.
One such post, which has been making news, contains the details about a person who had been involved with the company for over 20 years. The user explained how his dad had just 2 years left before his eventual retirement, but even after giving the company so much, he was laid off via email. What’s more troubling is the fact that the user said that the affected person has cancer, and now that he has been fired, he will have no health insurance under his name.
While Reddit posts are usually hard to verify given the anonymous nature of the website, this is not just one single instance. Below the aforementioned post, many users have posted comments detailing a similar experience. Employees who had been there for 10 years to even 30 years were fired. Several of these people include those who have been battling serious health issues like cancer.
Severance packages for affected employees
Latest reports from Business Insider have revealed the details regarding the severance packages that Oracle is offering to the affected employees in the US. As per the report, the affected employees would be receiving about four weeks of their base salary.
They would also be getting paid for an additional week for every year of service, though it has been capped at 26 weeks. Unfortunately, as mentioned in the Reddit posts too, there have been no details regarding extended healthcare or insurance coverage.
A few screenshots that detailed the severance packages for affected Indian employees were also seen on X. Though at the given moment, it’s hard to verify whether or not those screenshots are real or fake because they have not been cited from official sources.
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