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  • FANCY A  220 MILLION POUND PAYCHECK?

    FANCY A 220 MILLION POUND PAYCHECK?

    News by Editorial Team 22 Nov 2018

    For Denise Coates, it’s a reality. The famed founder & CEO of UK’s online betting portal Bet365, raked in £220 million as compensation last year. This, quite naturally, makes her one of the best-remunerated executives globally. Its an improvement to her performance the year prior to the last, wherein the salary was a few thousand-pounds shy of the 200-mark, at £199.3 million. 

     

    read more at Bloomberg
  • NATIONAL AERONAUTICS AND SPACE ADMINISTRATION COMES A KNOCKIN' FOR WORK CULTURE ASSESSMENT

    NATIONAL AERONAUTICS AND SPACE ADMINISTRATION COMES A KNOCKIN' FOR WORK CULTURE ASSESSMENT

    News by Editorial Team 21 Nov 2018

    NASA recently announced that it would conduct checks the overall safety work culture in two of the world’s largest private space contractors, Boeing and Space X, even as the players gear up to send astronauts into space on their own. NASA announced its “cultural assessment” that would include compliance to a drug-free environment at both the companies, among speculation and reports that Space X chief Elon Musk was filmed drinking whiskey and smoking marijuana, shockingly enough, during a live podcast recently.

    The two private companies will be selected for the commercial crew program aiming to send astronauts to space by next year. Both the companies stated that they were in full adherence to drug-free and healthy work environment guidelines.

     

    read more at Reuters
  • CANADIAN GOVERNMENT PLAYS SANTA'S ENFORCER ON POSTAL WORKERS

    CANADIAN GOVERNMENT PLAYS SANTA'S ENFORCER ON POSTAL WORKERS

    News by Editorial Team 21 Nov 2018

    Canada’s Government announced that it would pass legislation ensuring an end to the Canadian Union of Postal Workers’ strike ahead of the festive season. The strike, that had resulted in sudden stoppages of delivery services in several parts of the country on a rotational basis, was a call for increased medical benefits and job security from employer Canada Post. In response, the federal Labour Minister has said that while both parties are being encouraged to resolve the issues as soon as possible, possible legislation could also be in the works to ensure that the holiday season is not affected. Canada has a record of passing quick legislation to end strikes in important sectors.

     

    read more at Reuters
  • INSTACART EYES 'INSTAGROWTH' WITH NEW HIRE FROM INSTAGRAM

    INSTACART EYES 'INSTAGROWTH' WITH NEW HIRE FROM INSTAGRAM

    News by Editorial Team 21 Nov 2018

    Bangaly Kaba, one of the key personnel behind the stunning success of social sharing app Instagram, was hired by prospective unicorn Instacart as its new Vice President of Growth, according to an announcement made by the grocery delivery major on Tuesday. Bangaly Kaba comes with an impressive resume as a growth manager, having been with social networking behemoth Facebook since 2014 and having successfully led the growth of Instagram users to cross over 1 billion within a short span of 2 years. Kaba is expected to be focused on roping in new regular customers even as e-commerce giant amazon.com invades the online grocery delivery service market with all its might. Interesting times ahead for this segment.

     

    read more at Reuters
  • SWITZERLAND TROUNCES NATIONS IN ATTRACTING TALENT

    SWITZERLAND TROUNCES NATIONS IN ATTRACTING TALENT

    News by Editorial Team 20 Nov 2018

    The country owes its ratings to special emphasis on skill-training and education beating other A-listers like Norway, Denmark, and Canada to the game. It is the 5th time the Swiss have backed the World Talent Ranking, an annual report published by IMD Business School. The U.S. and the U.K. slotted comfort at the 12th and 23rd spots respectively.

     

    read more at Bloomberg Quint
  • BIAS YIELDS CHAOTIC LAY-OFF, AS GOLDMAN FIRED A PREGNANT COMPANY STALLWART

    BIAS YIELDS CHAOTIC LAY-OFF, AS GOLDMAN FIRED A PREGNANT COMPANY STALLWART

    News by Editorial Team 20 Nov 2018

    Tania still recounts her horror as she was preparing to commence official duties post her third delivery. She was informed on a call of the same. She states in her recollections that her boss doubted her faculties to perform as she broke the news of her pregnancy to him. Tania lodged a gender discrimination complaint against Goldman in 2017, an information which was brought into the public domain via an intervention from the California Department of Fair Employment.

     

    read more at Bloomberg
  • ZUCKERBURG, NOT COMPANY POLICIES, DRIVING EMPLOYEE EXODUS

    ZUCKERBURG, NOT COMPANY POLICIES, DRIVING EMPLOYEE EXODUS

    News by Editorial Team 19 Nov 2018

    The CEO’s stern stance regarding management within Facebook is giving the firm’s top echelon a cold sweat. If reports are to be believed, a recent fallout with Sheryl Sandburg has the top CHRO unsure about her employment status. it is a lesser known truth that in June, Mark pledged to turn the tide on emerging management landmines, that it would result in higher executives leaving the company, few would have opined. 

     

    read more at Market Watch
  • DIANE GREENE OF GOOGLE CLOUD TO MOVE-ON AFTER 3 YEARS AS CEO

    DIANE GREENE OF GOOGLE CLOUD TO MOVE-ON AFTER 3 YEARS AS CEO

    News by Editorial Team 19 Nov 2018

    January 2019 shall mark the onboarding of Thomas Kurian, a once President of Product Development at Oracle. Greene has had a predilection for extraordinary endeavors within the education sector, which is where she admitted to heading in a blog post. She joined Google in 2015, whilst renowned for co-founding VMware which later mainstreamed virtualization among corporate firms.     

     

    read more at Fortune
  • WELLS FARGO TO FIRE 1,000 PEOPLE, HERE'S WHY IT SHOULDN'T COME AS A SURPRISE

    WELLS FARGO TO FIRE 1,000 PEOPLE, HERE'S WHY IT SHOULDN'T COME AS A SURPRISE

    News by Editorial Team 16 Nov 2018

    U.S.’s financial behemoth had openly declared parting ways with 10 percent of its workforce by 2020. The professionals walking the green-mile out have been served with 2-month notices. Targeted lay-offs would entrench the banks’ Consumer Lending. Virtual Solutions and Innovations Group with 900 being from the home lending division alone. A three-year plan includes eventually letting go of 26,000 personnel.    

     

    read more at Reuters
  • PUERTO RICO SUED, THIS TIME BY GOVERNMENT OFFICIALS

    PUERTO RICO SUED, THIS TIME BY GOVERNMENT OFFICIALS

    News by Editorial Team 16 Nov 2018

    Government officials of the debt-stricken Island now beseech the Courts of San Juan to deliver justice. The charges accuse the government of misleading workers to deposit $316 million in a retirement plan, with a 401(k)-styled cash-out options, only they were disallowed withdrawals post deposits. Time seems to be warping in a downward spiral for the region who has been embattled with a slew of court cases alleging misappropriation.

     

    read more at Reuters
  • 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

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