Oracle's recent mass layoff of 12,000 employees in India has raised questions about severance pay and employee rights. Experts emphasize that the notice period and severance calculations depend on employment contracts and labor laws. Employees classified as 'workmen' are entitled to a minimum of 15 days' average pay for each year of service, as per the Industrial Disputes Act, 1947. For managerial roles, severance is often determined by company policy. Employees should also expect to receive unpaid salaries, notice pay, and gratuity, with payments due within two working days of termination. Additionally, bonuses and stock options are subject to specific conditions. Before signing severance agreements, employees should review the terms carefully. If dues are denied, they should first address the issue internally and can seek external legal support if necessary. Understanding these rights can help employees manage their transition more effectively.