‘I will enjoy sleeping in the morning’: Oracle employee shares positivity post, as she loses job in IT company latest layoff of 30,000 staff

Compensation and Exit SupportTo ease the transition for affected staff in India, the company has outlined a compensation package that includes financial and statutory benefits. Employees have been assured payment equivalent to 15 days’ wages for every completed year of service. In addition, the organisation has committed to covering one month’s salary as notice pay, along with encashment of unused leave and gratuity for those who meet eligibility criteria. A supplementary payout equivalent to two months’ sa ...