In evidence provided shortly before his death, a former Boeing employee who was discovered dead in March accused the firm of “countless” violations of US law. According to John Barnett, the company attempted to “eliminate” quality checks at a site… Read More ›
HR & Organization
Proposed Regulations On Limiting Wall Street Bonuses Make A Third Appearance On The Regulatory Agenda
US financial regulators are to try again to control the compensation of Wall Street CEOs, an unfulfilled mandate of the Dodd-Frank Act of 2010 that has kept falling short. The Federal Deposit Insurance Corp (FDIC) intends to vote on a… Read More ›
Research Shows Women In UK Finance Industry Make A Third Less Than Their Male Counterparts
Salary data from 21 corporations analysed by Reuters reveals that some of the leading financial organisations in Britain pay women 28.8% less on average than their male counterparts, despite their stated goal of increasing the number of women hired for… Read More ›
Internal Memos Show Mondelez Revamping Its European Operations Following Boycotts Related To Russian Business
The successful Russian branch of the Oreo cookie manufacturer Mondelez has appointed new management, according to two confidential company memos obtained by Reuters that provide new information about a corporate reorganisation in Europe. The Chicago-based Mondelez company halted advertising in… Read More ›
Recession Hits The UK Making Sunak’s Election Challenge Much More Difficult
The recession that hit Britain’s economy in the second half of 2023 presented a challenging environment for Prime Minister Rishi Sunak, who has pledged to accelerate growth in front of the anticipated 2024 election. The gross domestic product (GDP) shrank… Read More ›
US And Canadian Businesses Start 2024 By Laying Off Staff
Businesses in the US and Canada have begun the year by eliminating thousands of jobs across a range of industries, a hint that the wave of layoffs that began in 2023 may continue as they try to control expenses. Despite… Read More ›
Cisco Will Shed Thousands Of Workers, As It Looks To Concentrate On Areas Of High Growth Potential
According to three people familiar with the situation, network giant Cisco plans to restructure its operations in order to concentrate on high-growth areas. This reorganisation will involve the layoff of thousands of employees. As of fiscal 2023, the San Jose,… Read More ›
New Research Find Employees Value Work-Life Balance More Than Financial Compensation
When it comes to their next job, workers prioritise work-life balance over salary, and they also value training in tech and artificial intelligence (AI), according to a new report released on Wednesday by Randstad, the largest employment agency in the… Read More ›
McDonald’s Plans To Build 10,000 Additional Locations And Increase Loyalty In Order To Expand Quickly
McDonald’s plans to open over 10,000 locations worldwide by 2027, perhaps marking the fast-food chain’s biggest expansion era ever, according to a statement released by the company. Additionally, the firm announced intentions to grow its user base to 250 million… Read More ›
A Brazil Central Bank Study Shows Working From Home May Be Easing The Nation’s Inflation
According to a research published recently by the Bank for International Settlements (BIS) and signed by senior central bank officials, home working in Brazil may be reducing wage pressure in an otherwise robust labour market. Despite a rise in employment,… Read More ›