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  • BRITISH TECH FIRMS LAG FTSE 100 IN D&I

    BRITISH TECH FIRMS LAG FTSE 100 IN D&I

    News by Editorial Team 15 Nov 2018

    The tech space has been sneered at globally for being graveyard silent on the paltry representation of women or minorities and the case is no different in Britain. Only 8.5% of the senior executives in the industry belong to minorities, women accounting for 12.6% of the board, far behind the 1/3rd reservation for females achieved by the FTSE 100. For a sector that generated $200 billion in revenue last year for the economy, D&I is a road less traveled, to say the least.     

     

    read more at The Guardian
  • WOMEN'S FOODSERVICE FORUM MARKS 30th ANNIVERSARY HONOURING INDRA NOOYI

    WOMEN'S FOODSERVICE FORUM MARKS 30th ANNIVERSARY HONOURING INDRA NOOYI

    News by Editorial Team 15 Nov 2018

    Lauding the businesswoman’s towering contributions as PepsiCo’s first ever female CEO, the forum has announced Indra Nooyi as their debut honorary for the Global Titan Award. Ms. Nooyi will be the inaugural Keynote speaker, with the date for recognition set at 12th March 2019. With a whole host of business mavericks set to be honored alongside, the common theme seeks to acknowledge women empowerment at the workplace.    

     

    read more at The Virginian Pilot
  • NIKE'S JORDAN BRAND TO HAVE A NEW PRESIDENT

    NIKE'S JORDAN BRAND TO HAVE A NEW PRESIDENT

    News by Editorial Team 14 Nov 2018

    Craig Williams, who earned a name for himself at Coca-Cola, has been christened to be the new President of Nike’s Jordan Brand. Craig’s predecessor Larry Miller will forego the coveted title to officiate undertakings at Jordan Brand’s advisory board as its Chairman. Coca-Cola is bound to feel the departure of a personage who oversaw their recent contract negotiations with McDonald's.

     

    read more at Reuters
  • STARBUCKS PONDERS LAYING OFF 350 CORPORATE EMPLOYEES

    STARBUCKS PONDERS LAYING OFF 350 CORPORATE EMPLOYEES

    News by Editorial Team 14 Nov 2018

    Company CEO Kevin Johnson’s restructuring plan to mold a leaner organization includes laying-off 350 white-collar professionals. With a race to sustain profitability in the red-ocean of the US coffee industry, the change could galvanize the firm’s resources for a directed push at customer acquisition. Majority of the departures have been circumscribed at the Seattle Support Center, lending an impression of eliminating redundant profiles.

     

    read more at Reuters
  • EUROPE'S POLITY STARES GRAVE FUTURE AT THE SIGHT OF RISING ROBOTS

    EUROPE'S POLITY STARES GRAVE FUTURE AT THE SIGHT OF RISING ROBOTS

    News by Editorial Team 13 Nov 2018

    The threat to sectors like manufacturing, agriculture, and textiles from automated robotics is quite palpable. The same could be said for the predicament of job-losses that’d wreak over Europeans residing in Slovakia, Lithuania & Germany (to name a few). The cringing verdict has been alluded to by the European Bank of Reconstruction & Development. Such a reason or stark reality of falling production rates would give job protectionists something terrible to argue against.       

     

    read more at Bloomberg
  • BARCLAYS WANTS EMPLOYEES TO COME CLEAN ON OFFICE ROMANCES!

    BARCLAYS WANTS EMPLOYEES TO COME CLEAN ON OFFICE ROMANCES!

    News by Editorial Team 13 Nov 2018

    Employees at the financial services firm are now ordained to share such ongoing episodes at the workplace. A newly introduced postulate in the company’s code of conduct demands so. Overlooking the rather absurd declaration, research indicates that romance & office, rarely go hand in hand with 1 in 3 romantic relationships resulting in at least 1 person getting fired.  

     

    read more at Financial News
  • CHIP IMPLANTS REALITY HAUNTINGLY 'NEAR' FOR BRITISH EMPLOYEES

    CHIP IMPLANTS REALITY HAUNTINGLY 'NEAR' FOR BRITISH EMPLOYEES

    News by Editorial Team 12 Nov 2018

    Both indigenous and foreign startups, such as BioTeq & Biohax respectively, are smelling blood in British corporations to implant employees with microchips. The marketed USP of their product flatters unobstructed entry points in the workplace in addition to automated assistance in daily chores. The Trades Union, however, has voiced concerns over this Android-ish, almost eerie & perhaps unwarranted, workplace need, instead requesting attention to employee engagement.

     

    read more at The Guardian
  • CONVENTIONAL BUSINESS REAL ESTATE TO BE RE-PLASTERED FOR MODERNITY

    CONVENTIONAL BUSINESS REAL ESTATE TO BE RE-PLASTERED FOR MODERNITY

    News by Editorial Team 12 Nov 2018

    Thanks to WeWork’s re-plastered workplaces, traditional corporate biggies have begun heeding their urge of moving into shared premises. The survey by Knight Frank LLP sampling 3.5 million employees, reports the belief of more than 50% of the surveyed population, who expect unconventional (rather chic) offices to account for a 5th of the total landscape in time to come. 

     

    read more at Bloomberg
  • LLOYDS BANK CRAFTING SCHEME TO CREATE 2,000 JOBS

    LLOYDS BANK CRAFTING SCHEME TO CREATE 2,000 JOBS

    News by Editorial Team 06 Nov 2018

    However, it may not be a comfy ride altogether. It is rumored the Bank’s transformation division, corporate banking, community/retail banking are in for a turnaround. This restructure, would grate 6,000 jobs and consequentially pound 8,000 imperative roles akin to business needs. Since February this year, Lloyds had made headlines when news broke out of a $3 billion investment, approved to make banking digitally savvy.  

     

    read more at Reuters
  • VERIZON MOVES CLOSER TO SIMPLIFYING ITS BUSINESS DIVISIONS

    VERIZON MOVES CLOSER TO SIMPLIFYING ITS BUSINESS DIVISIONS

    News by Editorial Team 06 Nov 2018

    Monday’s announcement confirms speedy action to dissect the conglomerate’s needs into three parent categories majorly the Consumer, Business and Verizon Media Group/Oath. Hans Vestberg’s signature move will be a shift away from the previous, two-dimensional operational model based on the distinction between wireless & wireline. Guru Gowrappan, the anointed CEO of Oath will also captain the Verizon Media Group, responsible for the firm’s technological, advertising & media initiatives. 

     

    read more at Reuters
  • IT'S RECRUITMENT ON STEROIDS AS UNEMPLOYMENT FALLS TO RECORD LOW

    IT'S RECRUITMENT ON STEROIDS AS UNEMPLOYMENT FALLS TO RECORD LOW

    News by Editorial Team 05 Nov 2018

    The U.S. Economy has had a resilient showing for job creation in 2018 thrusting unemployment numbers down a 49-year low. Since the same time last year, wages have increased 3.1% thanks to the 82.3% already employed prime aged Americans. The numbers translate into a dearth of job seekers, a trend that forces enterprises to come up with extravagant compensation packages. 

     

  • EXPECTED INVESTMENT TO COST 50 LAY-OFFS AT NBC UNIVERSAL MEDIA

    EXPECTED INVESTMENT TO COST 50 LAY-OFFS AT NBC UNIVERSAL MEDIA

    News by Editorial Team 05 Nov 2018

    The firms advertising division might purportedly be planning to strike 50 jobs off its registers as materialistic opportunities of investment hover. The profiles who have an ax hanging over their heads, constitute less than 3% of the workforce. Statement from a company spokesperson best reflects this business-like reality which demands periodic assessment.

     

  • BARCLAYS PICKS ITS NEXT CHAIRMAN, A ROTHSCHILD

    BARCLAYS PICKS ITS NEXT CHAIRMAN, A ROTHSCHILD

    News by Editorial Team 02 Nov 2018

    Nigel Higgins, who currently supervised operations at Rothschild & Co as its Deputy Chairman, will succeed John McFarlane. Coming on board as a Non-Executive member, Nigel’s appointment is to be deemed effective from March 1, 2019. Having had a profitable third quarter, the bank’s stock closed at 175.54 pence yesterday, although the same is 14% down this year. 

     

    read more at Reuters
  • ARTIFICIAL INTELLIGENCE WILL YIELD A NEW CATEGORY OF BLUE COLLAR JOBS

    ARTIFICIAL INTELLIGENCE WILL YIELD A NEW CATEGORY OF BLUE COLLAR JOBS

    News by Editorial Team 02 Nov 2018

    Estimates of job losses overshadow the technological leap AI has afforded humanity yet those having a closer taste of things within the industry tell a different tale. The managing director of Accenture Plc, Jim Wilson had this to say “The new blue-collar labor force will need four core competencies for advanced production: complex reasoning, social and emotional intelligence, creativity and certain forms of sensory perception.

     

    read more at Bloomberg
  • GM OFFERS 18,000 EMPLOYEES VOLUNTARY BUY-OUT

    GM OFFERS 18,000 EMPLOYEES VOLUNTARY BUY-OUT

    News by Editorial Team 01 Nov 2018

    The staff, who had stood firm with the company for at least 12 years each would cost $130 million per 1800 outgoing employees. Company spokesperson Pat Morrissey has confirmed that layoffs could be imposed if voluntary departures are scant in number. The downsizing news paints management intentions in neon for cutting costs towards unprofitable avenues and instead focusing on its Automotive car division. 

     

    read more at Bloomberg
  • BREXIT CONTINUES TO BLEED FINANCE JOBS OUT OF THE U.K.

    BREXIT CONTINUES TO BLEED FINANCE JOBS OUT OF THE U.K.

    News by Editorial Team 01 Nov 2018

    Citi Group’s efforts to contain possible Brexit business impacts are forcing it to move 63 jobs out of U.K. of the ones certain of foreign placements are 45 trading professionals and 18 from the firm’s private bank. The bank has continued to hire aggressively within EU locations such as France and Germany suspecting an unfavorable separation of U.K. from Europe. 

     

    read more at Reuters
  • ADDICT EMPLOYEES TO NOW GET TIME OFFS POST REHABILITATION

    ADDICT EMPLOYEES TO NOW GET TIME OFFS POST REHABILITATION

    News by Editorial Team 31 Oct 2018

    A survey by Rehab.com uncovers immediate workplace issues confronting addicts at the workplace. While struggling to avoid a relapse, returning employees assented being subject to a preconceived public image. Of the 737 employers sampled, almost 90% expressed an inclination to grant time-offs for recovery.

     

    read more at Forbes
  • GOOGLE TO SUPPORT EMPLOYEE WALK-OUT ON THURSDAY

    GOOGLE TO SUPPORT EMPLOYEE WALK-OUT ON THURSDAY

    News by Editorial Team 31 Oct 2018

    Sundar Pichai, through an internal memo, has extensively conveyed managerial support to an upcoming staff demonstration. NYT’s latest expose on Google’s shielding of executives accused of sexual misconduct has caused a furor both in and out of the company. The company, within the last two years though, has fired 48 people grappling with such accusations without exit packages. 

     

    read more at CNBC
  • UBER FACES ITS STERNEST TEST YET AT THE COURT OF APPEALS

    UBER FACES ITS STERNEST TEST YET AT THE COURT OF APPEALS

    News by Editorial Team 30 Oct 2018

    A two-day hearing commencing Tuesday will see Uber justify its operational stance on employee rights, wherein it identifies drivers as self-employed. The unions have for long argued in favor of granting drivers, minimum wages. The company, in its turn, for its slew of benefits to suffice for complimentary rights as good as a workplace. The case was first heard by the Employee Tribunal two years before when the verdict was held in the favor of drivers.

     

    read more at Reuters
  • INTEL'S EFFORTS PANNING OUT WELL FOR DIVERSITY AND INCLUSION

    INTEL'S EFFORTS PANNING OUT WELL FOR DIVERSITY AND INCLUSION

    News by Editorial Team 30 Oct 2018

    Recruitment restructuring has been picking the slack up from a bolstering African-American workforce influx at the company for the last three years. The results are for all to see. Back in 2015, the women population comprised 24.7% versus 26.8% in 2018. Yet there is no stopping here as per Barbara Whye, Intel’s Chief D&I officer, who alludes to the further scope of improvement. 

     

    read more at Reuters

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