According to the results of a survey by KPMG, most major global companies have cut back on their earlier plans to reduce their use of office space following the coronavirus-induced COVID019 pandemic, despite few businesses expecting to return to normal… Read More ›
reducing
French tire maker Michelin to restructure business without laying off workers
On Wednesday, in a statement French tire maker Michelin stated it plans on reducing its workforce by up to 2,300 jobs over the a period of three years as part of a restructuring process that is aimed at simplifying and… Read More ›
Rio Tinto trims bonuses of CEO and senior executives following destruction of ancient historic caves
On Monday, in a statement Rio Tinto said it will trim the short-term bonuses of its CEO as well as two other senior executives following a review of the company’s destruction of two historic caves in Australia in May which… Read More ›
Swiss telecom watchdog faults Swisscom for overcharging
The telecom regulator has reduced prices with retroactive effect for the 2013–2016 period. Swisscom is weighing its decision on filing an appeal with the federal administrative court. In a development that will bring cheers to consumers in Switzerland, the country’s… Read More ›