Oracle layoffs 2026 severance package: How much will the US tech firm pay to laid off workers in India and

Oracle has initiated significant job cuts, impacting 30,000 employees worldwide. India sees 12,000 roles terminated. Severance packages are now a key focus. Indian employees receive 15 days' salary per year of service, plus other benefits. US employees are offered four weeks' salary for the first year, increasing by one week per subsequent year, up to 26 weeks.