Oracle offered laid-off US employees four weeks’ base salary plus one week per additional year of employment up to 26 weeks as severance, according to an excerpt of internal severance terms viewed by Business Insider.
Oracle offered laid-off US employees four weeks’ base salary plus one week per additional year of employment up to 26 weeks as severance, according to an excerpt of internal severance terms viewed by Business Insider.
And I bet that 8k was after tax. The unemployment is taxed later. Which is always fun come tax time. Cause if you didn’t make quarterly payments, you might owe a tax penalty. I know it’s a 1%er type problem, but still annoying.
Yup, it was a rough time.