Oracle planned for layoffs long ago.

According to a Dec. 22 update to its Oracle expects to spend nearly $39 million, mostly on employee severance, by the end of its fiscal year on May 30.

Oracle has set aside nearly four times that amount -- $148 million -- to pay severance to ex-BEA employees who are laid off, according to the same filing.

Most ex-BEA employees were guaranteed three to 12 months of salary and COBRA health insurance if they are laid off by Oracle within a year of BEA's acquisition, which was finalized April 29, 2008.

One ex-BEA-turned-Oracle salesperson who was laid-off Friday was unhappy, calling Oracle "a pirate ship. They've got all those billions in the bank," said the worker, who spoke on the condition of anonymity. "They're not going to spend it on employees, I assure you."