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As part of a worldwide restructure initiative, Oracle has embarked on a large-scale layoff of an estimated 12,000 workers in India. Employees were sent emails telling them they were to be terminated abruptly, with access being revoked in most cases.

As various reports and reports by the employees testify, the severance package currently given to Indian employees usually comprises 15 days' salary in the basic salary per completed year of service, one month's salary in lieu of a notice period, encashment of unused leaves, gratuity (according to eligibility), and the balance salary to be paid up to the last working day.

Also, several are being offered a two-month ex gratia top-up, a one-month paid gardening leave (or the same, insurance), and insurance support of approximately Rs 20,000. Certain sources report a so-called N+2 structure in which N is the number of years of service. Unvested RSUs are usually lost.

The entire package usually involves the signing of termination documents by the employees, and in other instances, it is associated with voluntary amicable resignation. Depending on tenure, position, and place (e.g., Bangalore IDC), the exact amounts vary. It is recommended that employees should examine personal DocuSign documents and consult with HR or legal professionals to get the correct understanding. More waves of reductions will take place.