Oracle layoffs: Over 12,000 employees fired in India – How much will they get in severance pay?

Thousands of Oracle employees were made redundant earlier this month — informed via email that their roles no longer existed. The missive offered workers a severance package that included several weeks’ base salary and encashment of some leaves and benefits. Details about the severance formula used by the company for its Indian employees have now surfaced on social media platforms and offer fresh insight into the situation.