What’s Happening at Oracle?
Oracle has reportedly scaled back its staffing levels as part of a restructuring — affecting employees in Kitchener, Ont.
According to reports, the tech giant trimmed a variety of teams, including enterprise engineering, data centre operations, and AI development groups.
The exact number of roles axed during the latest workforce reduction hasn’t been disclosed.
According to LinkedIn, Oracle currently has more than 2,300 workers in Canada.
Next Steps for Oracle Staff
If you’re fired or let go from Oracle, understanding your legal rights is crucial.
Non-unionized employees in Ontario are entitled to severance pay. This includes individuals working full-time, part-time, or hourly in the province.
The amount you’re owed is based on a variety of factors, including your role, tenure, age, and ability to find similar work.
WATCH: Everything Non-Unionized Employees Need to Know About Severance Pay
Key Severance Facts:
- Compensation: Severance packages, which can be as much as 24 months’ pay, may include salary, bonuses, commissions, and other forms of compensation. Use our firm’s free Severance Pay Calculator to better understand your entitlements.
- Deadlines: You generally have up to 2 years from the date of your termination to review and negotiate severance offers.
- Action steps: Consult an employment lawyer at Samfiru Tumarkin LLP to ensure your severance package is fair and aligns with Canadian employment laws.
YOU HAVE RIGHTS!
For a broader...
Read Full Story:
https://news.google.com/rss/articles/CBMieEFVX3lxTE03YXp1djRyX0dDaENJLU1iRlRW...