In a statement, Verizon Communications Inc said, it would raise the minimum wages for its existing and new customer service, retail and inside sales employees to $20 an hour following a tightening of the labor market and rising inflation. In recent… Read More ›
In a statement, Germany’s Nordex Group, which manufactures and distributes wind power systems, said, it has been hit by a cyber security incident and has shut down its IT systems across multiple locations and business units to contain the threat…. Read More ›
In an interview with Germany industry magazine Automobilwoche the sales chief of luxury carmaker Porsche AG said, he expects another record year in terms of sales despite the global shortage of semiconductors. “When I look at the current orders, I’m confident… Read More ›
A group of employees at Activision Blizzard studio have formed a union and are seeking its voluntary recognition. The union, supported by the Communications Workers of America, represents 34 people in the quality assurance department at Raven Software. In a… Read More ›
In a significant development, employees of Starbucks Corp voted to join a union at a store in Buffalo, New York, marking the company’s first unionized company-owned location in the United States. Workers at a second location in New York voted to… Read More ›
In a statement Apple Inc has told its employees that it is willing to discuss wages, number of working hours and working conditions. The development comes at a time when striking employees are pushing Apple to do more to ensure… Read More ›
In a statement Activision Blizzard Inc said, it had fired more than 20 employees following allegations of discrimination and sexual harassment at the workplace; 20 more individuals are also facing some forms of disciplinary action. In a letter to employees, Activision… Read More ›
In a statement the U.S. Securities and Exchange Commission said, Healthcare Services Group Inc has agreed to pay a $6 million fine to settle civil charges for its alleged failure to account for legal settlements with its employees, which resulted in… Read More ›
In a statement International Business Machines Corp (IBM) said it will allow only fully vaccinated U.S. employees to return to offices, which are scheduled to open from September. The measure is part of its suit of measures to help contain the rapid… Read More ›
According to a source familiar with the matter at hand, KKR & Co Inc has collected $18.5 billion for its latest flagship North America private equity fund, in what is slated to be its biggest-ever fund in less than five… Read More ›
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