Oracle Names New CFO On $950K Salary After Axing 30,000 Workers In Brutal Email Layoffs

Oracle appoints Hilary Maxson as CFO following major layoffs, highlighting the company's strategic shift towards AI and cloud ...

Oracle appoints Hilary Maxson as CFO with $29.7 million package after firing 30,000 employees

Hilary Maxson will receive a base salary of $950,000 (Rs. 8.8 crore) with the deal further sweetened by a $26 million (Rs 241.7 crore) equity grant.

Oracle mass layoffs: All about the severance package offered to the laid-off US employees

Many laid off by Oracle in an early morning email claimed in social media posts that they were blindsided by the news.
HR Executive

Oracle’s layoff package puts severance benchmarking under the microscope

Oracle's mass layoff is putting severance design under scrutiny as HR leaders benchmark its terms against Block and other ...

Here's the severance package Oracle offered laid-off US employees

Severance includes 4 weeks base salary plus 1 week per year of employment.

Oracle layoffs 2026: The severance formula offered to 12,000 Indian staff

Oracle severance pay is calculated based on factors like tenure, base salary, and ex gratia. Here's how the pay structure will look for impacted employees in India.
Hindustan Times

Oracle severance pay: What amount will laid off workers in India and US get in compensation?

Thousands of Oracle employees were recently laid off, receiving notifications via email that their positions had been eliminated. The communication provided employees with a severance package that ...