{"id":1308134,"date":"2026-04-09T13:38:54","date_gmt":"2026-04-09T08:08:54","guid":{"rendered":"https:\/\/trak.in\/stories\/?p=1308134"},"modified":"2026-04-09T13:39:09","modified_gmt":"2026-04-09T08:09:09","slug":"after-firing-30000-oracle-hires-new-cfo-with-rs-270-cr-salary","status":"publish","type":"post","link":"https:\/\/trak.in\/stories\/after-firing-30000-oracle-hires-new-cfo-with-rs-270-cr-salary\/","title":{"rendered":"After Firing 30,000, Oracle Hires New CFO With Rs 270 Cr Salary"},"content":{"rendered":"\n<p>US tech giant <strong>Oracle<\/strong> has appointed <strong>Hilary Maxson<\/strong> as its new Chief Financial Officer, just days after laying off around <strong>30,000 employees globally<\/strong>, sparking widespread debate across the tech industry.<\/p>\n\n\n\n<figure class=\"wp-block-image size-large\"><img loading=\"lazy\" decoding=\"async\" width=\"1024\" height=\"575\" src=\"https:\/\/trak.in\/stories\/wp-content\/uploads\/2026\/04\/Screenshot-2026-04-09-at-1.37.51-PM-1024x575.png\" alt=\"\" class=\"wp-image-1308145\" srcset=\"https:\/\/trak.in\/stories\/wp-content\/uploads\/2026\/04\/Screenshot-2026-04-09-at-1.37.51-PM-1024x575.png 1024w, https:\/\/trak.in\/stories\/wp-content\/uploads\/2026\/04\/Screenshot-2026-04-09-at-1.37.51-PM-300x168.png 300w, https:\/\/trak.in\/stories\/wp-content\/uploads\/2026\/04\/Screenshot-2026-04-09-at-1.37.51-PM-768x431.png 768w, https:\/\/trak.in\/stories\/wp-content\/uploads\/2026\/04\/Screenshot-2026-04-09-at-1.37.51-PM-1536x862.png 1536w, https:\/\/trak.in\/stories\/wp-content\/uploads\/2026\/04\/Screenshot-2026-04-09-at-1.37.51-PM.png 1874w\" sizes=\"auto, (max-width: 1024px) 100vw, 1024px\" \/><\/figure>\n\n\n\n<hr class=\"wp-block-separator has-alpha-channel-opacity\"\/>\n\n\n\n<h2 class=\"wp-block-heading\">A Massive Pay Package Draws Attention<\/h2>\n\n\n\n<p>Maxson\u2019s total compensation package is valued at <strong><a href=\"https:\/\/www.ndtv.com\/feature\/oracle-appoints-hilary-maxson-as-cfo-with-29-7-million-package-after-firing-30-000-employees-11323707#:~:text=Oracle%20appoints%20Hilary%20Maxson%20as%20CFO%20with%20%24950,after%20laying%20off%2030%2C000%20employees.&amp;text=Did%20our%20AI%20summary%20help,Let%20us%20know.&amp;text=Just%20days%20after%20firing%2030%2C000,with%20a%20massive%20pay%20day.\">$29.7 million<\/a><\/strong>, making it one of the most high-profile executive appointments in recent times.<\/p>\n\n\n\n<p>The package includes:<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li><strong>$950,000 annual base salary<\/strong><\/li>\n\n\n\n<li><strong>$2.5 million performance-based bonus<\/strong><\/li>\n\n\n\n<li><strong>$26 million in equity grants<\/strong><\/li>\n\n\n\n<li>Additional <strong>$250,000 relocation allowance<\/strong><\/li>\n<\/ul>\n\n\n\n<p>A significant portion of the equity is time-based, while the rest depends on performance metrics, aligning her compensation with long-term company goals.<\/p>\n\n\n\n<hr class=\"wp-block-separator has-alpha-channel-opacity\"\/>\n\n\n\n<h2 class=\"wp-block-heading\">Timing Raises Eyebrows<\/h2>\n\n\n\n<p>The appointment comes shortly after Oracle\u2019s large-scale layoffs, which reportedly impacted <strong>30,000 employees worldwide, including thousands in India<\/strong>.<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li>Layoffs were part of <strong>AI-led restructuring and cost optimization<\/strong><\/li>\n\n\n\n<li>Employees were reportedly informed via early morning emails<\/li>\n\n\n\n<li>The contrast between job cuts and executive pay has triggered criticism<\/li>\n<\/ul>\n\n\n\n<p>The timing has led to questions about <strong>corporate priorities and workforce management<\/strong>.<\/p>\n\n\n\n<hr class=\"wp-block-separator has-alpha-channel-opacity\"\/>\n\n\n\n<h2 class=\"wp-block-heading\">Who Is Hilary Maxson?<\/h2>\n\n\n\n<p>Before joining Oracle, Maxson served as:<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li><strong>Group CFO at Schneider Electric<\/strong><\/li>\n\n\n\n<li>Held senior roles at <strong>AES Corporation<\/strong><\/li>\n<\/ul>\n\n\n\n<p>She brings deep experience in:<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li>Infrastructure and energy sectors<\/li>\n\n\n\n<li>Financial strategy and large-scale investments<\/li>\n<\/ul>\n\n\n\n<p>At Oracle, she will lead <strong>global finance operations<\/strong> and guide the company through its next phase of growth.<\/p>\n\n\n\n<hr class=\"wp-block-separator has-alpha-channel-opacity\"\/>\n\n\n\n<h2 class=\"wp-block-heading\">Oracle\u2019s Bigger Strategy: Betting Big on AI<\/h2>\n\n\n\n<p>The leadership change comes at a critical time for Oracle:<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li>The company is investing heavily in <strong>AI and cloud infrastructure<\/strong><\/li>\n\n\n\n<li>Plans capital expenditure of up to <strong>$50 billion<\/strong><\/li>\n\n\n\n<li>Taking on significant debt to fund expansion<\/li>\n<\/ul>\n\n\n\n<p>Maxson\u2019s role will be crucial in ensuring <strong>financial discipline while scaling AI ambitions<\/strong>.<\/p>\n\n\n\n<hr class=\"wp-block-separator has-alpha-channel-opacity\"\/>\n\n\n\n<h2 class=\"wp-block-heading\">Industry-Wide Debate Intensifies<\/h2>\n\n\n\n<p>The development has sparked a broader debate in the tech world:<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li>Is it justified to offer <strong>massive executive pay during layoffs?<\/strong><\/li>\n\n\n\n<li>Are companies prioritizing <strong>AI investments over workforce stability?<\/strong><\/li>\n\n\n\n<li>How should firms balance <strong>cost-cutting and leadership hiring?<\/strong><\/li>\n<\/ul>\n\n\n\n<p>Oracle\u2019s move highlights the growing tension between <strong>rapid technological transformation and human impact<\/strong>.<\/p>\n\n\n\n<p><a href=\"https:\/\/www.businesstoday.in\/technology\/news\/story\/at-rs1-crore-options-drop-fast-oracle-layoffs-trigger-viral-debate-on-high-paying-jobs-524040-2026-04-04\">Image Source<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>US tech giant Oracle has appointed Hilary Maxson as its new Chief Financial Officer, just days after laying off around 30,000 employees globally, sparking widespread debate across the tech industry. A Massive Pay Package Draws Attention Maxson\u2019s total compensation package is valued at $29.7 million, making it one of the most high-profile executive appointments in [&hellip;]<\/p>\n","protected":false},"author":30,"featured_media":1308145,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[21],"tags":[481,558,8463],"class_list":["post-1308134","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-business","tag-cfo","tag-firing","tag-oracle"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v25.9 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>After Firing 30,000, Oracle Hires New CFO With Rs 270 Cr Salary - Trak.in - Indian Business of Tech, Mobile &amp; Startups<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/trak.in\/stories\/after-firing-30000-oracle-hires-new-cfo-with-rs-270-cr-salary\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"After Firing 30,000, Oracle Hires New CFO With Rs 270 Cr Salary - Trak.in - Indian Business of Tech, Mobile &amp; Startups\" \/>\n<meta property=\"og:description\" content=\"US tech giant Oracle has appointed Hilary Maxson as its new Chief Financial Officer, just days after laying off around 30,000 employees globally, sparking widespread debate across the tech industry. 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