Post #1676150 · Elektrine

2026-04-01 09:12 UTC

Seeing some of the other companies they compared it to just makes them look even worse... it just means other companies will see this as a way to offer less as well. Gotta meet those industry standards! Also if you take the severance doesn't that mean you forfit unemployment? This package is so bad if you only been there a year that i would probably say screw them and take that instead, even if its less than my pay it will definitely be more over the 6 months it's allowed which is what i thought was one of the main reasons they offer these so the company can avoid the higher rate of contribution to unemployment if enough people claim it.

Replies (2)

@The_v@lemmy.world 2026-04-01 12:24

No severance doesn't effect your eligibility for unemployment. It does often reduce the number of claims however. Many people live off the severance until in runs out, then claim employment. You can also claim unemployment while still actively receiving severance pay. Severance is usually tied to a non-disclosure agreement. If they want to enforce them, compensation is usually required in most states.

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@rozodru@piefed.world 2026-04-01 11:39

yeah I'm not sure how it works in the US if you take the severance you forfeit unemployment but with the way the tech sector currently is I would be in favor of taking the unemployment instead because god damn is it rough out there. Also not to knock Oracle employees but that place doesn't have the most glowing reputation for "quality". that right there might hinder their job search. Unless they go to Amazon. they'll just hire anyone with a pulse as long as you agree to working on call.

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