Oracle's New CFO Receives $26M Stock Package Amid Layoffs
Oracle appointed Hilary Maxson as its new CFO with a $26 million stock package, days after laying off up to 30,000 employees. Some laid-off workers have questioned whether the company used an algorithm to target employees with stock options for termination. The move has sparked controversy and employee backlash.
Topics: CFO appointment employee reactions executive compensation layoffs stock options