https://www.live-feeds.com/feed/here-s-the-severance-package-oracle-offered-laid-off-us-employeesContinuously updated, source-cited coverage. https://www.live-feeds.com/feed/here-s-the-severance-package-oracle-offered-laid-off-us-employeeshttps://www.live-feeds.com/feed/here-s-the-severance-package-oracle-offered-laid-off-us-employees#u69818Wed, 16 Sep 2026 05:02:27 +0000Oracle has initiated a new round of layoffs across its US operations to reallocate capital toward AI infrastructure investments. Affected employees received notifications via email from Oracle leadership at 6 a.m. To mitigate the impact, the company is offering severance packages of up to 26 weeks to laid-off US staff. This workforce reduction occurs as the company manages the rising costs of its AI transformation, even as its AI cloud backlog exceeds market estimates and drives share price increases.Why it mattersThe move reflects a broader trend of tech industry job losses, with over 185,000