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.
It’s at least scammy but I don’t see how it’s aboveboard at all. It was only like $200 so not worth the cost of finding out
I did spend like a decade trying startups in the hope of one making it, without any luck. Interestingly the only buyout that got me anything was a midsized company, not a startup, purchased by a large company. The only options that have panned out was a midsized company bought by a private equity, where they’ve paid cash
unless you’re a founder or an investor, you want the cash and the experience. stock options are diluted every time they do a funding round, because it means they are issuing new shares