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Oracle Layoffs: Severance Details Emerge Amidst 3,000 India Job Cuts
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Firstpost•21-09-2026, 09:14
Oracle Layoffs: Severance Details Emerge Amidst 3,000 India Job Cuts
- •Oracle is offering laid-off employees severance pay based on length of service, capped at six months of base salary, according to an internal FAQ.
- •Approximately 3,000 employees in India have been affected by the latest global workforce reductions, though Oracle has not publicly confirmed the figure.
- •The severance package includes four weeks of base salary for the first year of service, with an additional week for each subsequent year, up to a maximum of 26 weeks.
- •Unvested equity, including stock options and Restricted Stock Units (RSUs), are cancelled upon termination, while vested options can be exercised for a limited period.
- •The recent cuts in India, impacting various departments and employee levels, follow a larger restructuring in April that reportedly affected 12,000 employees.
Key Questions Answered
Oracle offers laid-off employees four weeks of base salary for their first completed year of service, plus one additional week for each subsequent year. However, this payout is subject to a ceiling of 26 weeks of base salary regardless of total tenure.
When employment ends, unvested stock options and unvested restricted stock units are canceled. Vested options generally remain exercisable for up to three months subject to their original expiration dates, though certain acquired options have a shorter one-month window.
People familiar with the situation estimate that about 3,000 employees have been affected by the latest round of job cuts in India, though Oracle has not publicly confirmed this figure.
