Apple laid off a small number of Apple Fitness+ employees last week, with sources indicating this signals the start of broader cost-cutting measures and significant changes to the service ahead.
Oracle laid off employees receive severance capped at 26 weeks of base salary plus one week per year of service, but lose all unvested stock awards and future bonuses. The company is cutting costs amid billions in debt for AI infrastructure investments, with workforce declining by 21,000 employees in fiscal 2026. Oracle's severance package is less generous than competitors like Microsoft and Salesforce.