All articles tagged with #us employees
Oracle is offering recently laid-off US employees four weeks of base pay plus an additional week of pay for each year of service, with a cap of 26 weeks under the standard severance plan. The company’s latest layoffs come as it borrows billions to fund AI infrastructure, and its package is less generous than peers like Salesforce (up to ~30 weeks) and Microsoft (up to ~39 weeks).
Samsung has mandated a five-day in-office work policy for some US employees in its semiconductor division, implementing a new compliance tracking tool to monitor adherence and promote on-site presence, reflecting a broader trend among major companies to return to full-time office work.
Google is offering voluntary buyouts to U.S. employees across multiple divisions, including search and engineering, as part of ongoing workforce reduction efforts following previous layoffs in 2024 and early 2023, with some remote employees being asked to return to hybrid work.
Binance and the US SEC have agreed that only Binance.US employees will have access to customer funds in the short term. Binance.US will take steps to ensure that no Binance Holdings officials have access to private keys for its various wallets, hardware wallets or root access to Binance.US's Amazon Web Services tools. The proposed agreement comes after the SEC sued Binance, its CEO and founder Changpeng Zhao and Binance.US's operator last week.