As carried out a large-scale workforce reduction, stories of its impact on employees started to surface on social media. One such post, shared by a recently laid-off employee, has drawn attention online for its calm and composed response to losing her job.
Claire Fontenot, who worked as a Senior Technical Program Manager for Product Development, took to LinkedIn to share her thoughts after being impacted by the layoffs. “‘Yikes’ I thought to myself, being one of the many many folks impacted by recent layoffs at Oracle. But it happens, and I will enjoy sleeping in this morning lolol,” she wrote.
“I will enjoy the challenge of ambiguity, the uncomfortable-ness of saying ‘I’m looking for a job’, but mostly (I think) the freedom of a rare opportunity to slow down and reflect on what I’m wanting to do next. All to say, hope everyone is doing okay!! I think it’ll be okay,” Fontenot added.
According to her LinkedIn profile, Fontenot had been with Oracle for nearly three years. Her post quickly gained traction online, with many users praising her composed outlook in the face of sudden job loss.
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Oracle layoff
Notably, the post comes amid reports that Oracle has laid off around 30,000 employees globally as part of a large-scale restructuring exercise. Affected employees were reportedly informed via a 6 am email stating that their roles had been eliminated with immediate effect.
“We are sharing some difficult news regarding your position. After careful consideration of Oracle’s current business needs, we have made the decision to eliminate your role as part of a broader organizational change. As a result, today is your last working day. We are grateful for your dedication, hard work, and the impact you have made during your time with us. After signing your termination paperwork, you will be eligible to receive a severance package subject to the terms and conditions of the severance plan. You will receive an email from DocuSign to your Oracle email address with details on your severance and termination date,” read a part of the email by the company, as reviewed by Business Insider.
According to documents reviewed by the outlet, the company is offering US employees a severance package including four weeks’ base salary, along with an additional week for each year of service, capped at 26 weeks.
