Oracle's new CFO got $26M in stock after layoffs. Employee says an 'algorithm' targeted workers with stock options first

Learn more Days after Oracle fired up to 30,000 employees via a 6 a.m. email — as Moneywise previously reported — the company ...
The HR Digest

Are Oracle layoffs specifically targeting employee stock options?

Oracle layoffs may have intentionally targeted seasoned veterans who were on the verge of significant financial payouts.

Oracle gave its new CFO $26M in stock after firing up to 30,000 workers. Employee says an 'algorithm' may have targeted those with stock options first

The cuts came as Oracle posted a 95% profit jump and filed 3,100 H-1B visa petitions.

Oracle accused of targeting employees with stock options in recent layoffs

A former Oracle employee accused the tech giant of targeting workers “with outstanding stock options” in a recent round of ...
People Matters

Oracle layoffs targeted employees with pending stock payouts, claims former worker

Ex-employee alleges recent job cuts focused on staff with unvested stock as Oracle’s restructuring and AI push draw scrutiny.

Oracle employee laid off after 34 years says layoffs may be driven by algorithm: ‘Quite a shock’

Nina Lewis, who spent over 3 decades at Oracle, said she was among the thousands laid off in the latest round.
The Financial Express

Oracle employees claim layoffs may have followed hidden ‘algorithm’

Viral LinkedIn posts from former employees suggest Oracle’s latest layoffs may have targeted higher-paid roles, raising ...
Yahoo

TikTok's algorithm to be licensed to US joint venture led by Oracle and Silver Lake

Add Yahoo as a preferred source to see more of our stories on Google. FILE - The TikTok logo is pictured in Tokyo, Sept. 28, 2020. (AP Photo/Kiichiro Sato, File) WASHINGTON (AP) — Tech giant Oracle ...