Oh, goody - we get an extra day of anticipation and worrying and stress as we wait to find out who will be laid off and who is safe. So nice of Oracle to be so kind and provide us with all that excitement when they could have been boring and just had it be done with already. Who'd want that?
/end sarcasm
Some companies do announce layoffs to their employees ahead of time, but I suspect that most companies don't. All companies I have been at when there was a layoff, there was no warning given.
I suspect it depends upon the relationship between the company and its employees. I know one guy that was laid off and stole a hard-drive on his way out of the building. I am not sure what damage that guy would have done if he'd had a month to sabotage something.
There are a lot of seriously nasty people working at Oracle. I think you should be glad that Oracle doesn't give a long period of notice. We are all safer that way.
Take a look, most US public companies, including the likes of MSFT and Cisco make public announcements prior to layoffs. This “they don’t do it for legal reasons” is useless nonsense by some ignorant fool trying to play lawyer on TV - just plain stupid ignorant garbage.
Actually, most USA public companies don't pre-announce layoffs. That would open up all sorts of issues, like security, sabotage, potential employee violence, theft, and it would create a somewhat hostile environment. These things may very well be happening now anyway but because ORCL has been silent, they can't be held liable.
And not to forget that Oracle has no legal obligation to tell the employee squat. It's at will work (in the US) and they can rif you without any notification at all. You can also quit with no notification. It definitely is set up to deceive investors but sometimes they thin layoffs are good for the stock because it indicates cost cutting that = more profits.
Publicly announcing layoffs we’ll in advance us standard operating procedure among public companies, oracle of course refused to follow this practice because they are pretending - securities fraud? - that they are not having layoffs. Oracle always tries to sneak it under the wire, pretending nothing is going on. It’s not indebted to purposefully torture employees, rather to deceive investors and analysts.