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  • ROYAL MAIL SHAREHOLDERS GUN DOWN THE PROPOSAL TO HIKE SENIOR EXECUTIVE SALARY

    ROYAL MAIL SHAREHOLDERS GUN DOWN THE PROPOSAL TO HIKE SENIOR EXECUTIVE SALARY

    News by Editorial Team 20 Jul 2018

    Moya Greene, the outgoing CEO of the Royal Mail might not have the best of farewells as the shareholders of the company refuse proposal to hike her compensation package. An overwhelming 70.17% votes said a vociferous ‘No’ at the annual meeting. With controversial past salary disclosures, Royal Mail would consult other representative bodies come autumn, rather than lock horns with their shareholders.

     

    read more at Reuters
  • IS THYSSENKRUPP LOSING ITS CLOAK OF INVINCIBILITY?

    IS THYSSENKRUPP LOSING ITS CLOAK OF INVINCIBILITY?

    News by Editorial Team 19 Jul 2018

    The conglomerate, valued at $16 Billion for making submarines, elevators and food packaging, is split on streamlining operations. The debate has already pushed Chairman Ulrich Lehner and CEO Heinrich Hiesinger to put pen to their respective resignations. However, the decision to mutilate a few business arms of the consortium requires the consent its biggest shareholders which includes Alfred Krupp and the labor unions. Will they blink?

     

    read more at bloomberg
  • DISCIPLINE A NECESSARY ‘EVIL’ THAT IS COSTING TOP US EXECUTIVES THEIR JOBS

    DISCIPLINE A NECESSARY ‘EVIL’ THAT IS COSTING TOP US EXECUTIVES THEIR JOBS

    News by Editorial Team 19 Jul 2018

    Be it Intel Corp’s Brian Krzanich or Barnes & Noble Inc. CEO Demos Parneros, when it comes to company policies, the boards seem in no mood of handing a gratuitous leeway. Six weeks in to his CEO shoes and Texas Instruments’ Brian Crutcher is the latest to join the 2 aforementioned names in high profile exits. All over actions incongruous with the official norms. Corporate power, at its democratizing best!

     

    read more at Reuters
  • WHO’S TO BLAIM IF A FOUNDER CLAIMS INJUSTICE?

    WHO’S TO BLAIM IF A FOUNDER CLAIMS INJUSTICE?

    News by Editorial Team 19 Jul 2018

    Race is the hotbed for many things controversial these days, and who’d know it better than John Schnatter, founder of Papa John’s, whose verbal racial offence cost him the cold shoulder of the board. However, John is swinging one back at the board now accusing them of not even investigating the matter. Though a prospective legal whirlpool might await those involved, yet how does one become objective in a world so abstract.

     

    read more at WSJ
  • AMAZON WORKERS RAISE CONCERNS OVER HEALTH CONDITIONS

    AMAZON WORKERS RAISE CONCERNS OVER HEALTH CONDITIONS

    News by Editorial Team 17 Jul 2018

    The company is facing headwinds on its crucial Prime delivery day in Germany. A collective wave of discontent has risen among workers who believe they’re being deprived of basic healthcare rights. Led by the Verdi Services Union, warehouse employees would stage a one-day strike. Voices that argue their case say that the E-commerce company is although amassing riches, yet not allocating enough for its employee treasure trove.

     

    read more at Reuters
  • UBER PUTS ITS DRIVER VERIFICATION ON STEROIDS, REAL-TIME MONITORING KICKS IN

    UBER PUTS ITS DRIVER VERIFICATION ON STEROIDS, REAL-TIME MONITORING KICKS IN

    News by Editorial Team 16 Jul 2018

    Building on its promise of annual background checks, Uber will now keep a real-time eye on charges being brought on drivers. The blacklisted ones will be abolished from being a member driver for the company. Similarly, if the charges are dropped the drivers will be assimilated back into the Uber network. The last four years have seen 103 drivers from the company accused of punishable offenses, with 31 convicted.

     

    read more at The Verge
  • FACEBOOK POACHES GOOGLE’S CHIP DESIGN EXTRAORDINAIRE FROM UNDER ITS NOSE

    FACEBOOK POACHES GOOGLE’S CHIP DESIGN EXTRAORDINAIRE FROM UNDER ITS NOSE

    News by Editorial Team 16 Jul 2018

    In recent past Google might have had the edge at luring critical talent from Apple, however, the joke is on the search engine this time around. It seems Facebook has procured the services of Shahriar Rabii, whose contributions were catered towards designing custom imaging chips for third-party apps. Come to think of it, perhaps Facebook made an offer which Rabii couldn’t refuse.

     

    read more at Engadget
  • IGNORE WARNINGS AND TESLA COULD AXE REPEATED TIME OFFENDERS!

    IGNORE WARNINGS AND TESLA COULD AXE REPEATED TIME OFFENDERS!

    News by Editorial Team 16 Jul 2018

    The company’s latest measures seek to normalize discipline amongst those who make light of office timings. Employees with no prior permission to be late till an approved threshold could be fired, sources report. The company is advocating its latest changes to be ‘fair and flexible’ towards all. Given that Tesla fired 9% of its workforce earlier, the implications seem more than just plausible.

     

    read more at Business Standard
  • THIS WORKSPACE STARTUP IS NOW WORTH $500 MILLION

    THIS WORKSPACE STARTUP IS NOW WORTH $500 MILLION

    News by Editorial Team 13 Jul 2018

    Convene, the startup whose ideology extends beyond co-working into yoga, shadowboxing and scotch tastings has raised a Series-D round of $150 Million. The infusion would come in handy as the company has a formidable reputation of 'WeWork' to match. With investors like BlackRock Inc., Conversion Capital and Elysium Management placing their bets, Convene, would look towards London as its first non-US base in the near future. 

     

    read more at Bloomberg
  • UBER’S CPO RESIGNS WITH DISCRIMINATORY ALLEGATIONS CROSSING DANGER LEVELS

    UBER’S CPO RESIGNS WITH DISCRIMINATORY ALLEGATIONS CROSSING DANGER LEVELS

    News by Editorial Team 13 Jul 2018

    With accusations of mishandling prior discriminatory cases creeping up her sleeves, Liane Hornsey has put down her papers. Uber’s HR head was being called forth to account for her dismissal of internal complaints of bias at the company by whistleblowers. Although, the nightmarish episode of Susan Fowler cased major detoxification, yet the haunting roots of Uber’s past appear to be deep-rooted and hard to unearth.

     

    read more at Reuters
  • DISNEY ACQUIRES RIGHTS WORTH $650 MILLION TO BUILD ITS NEW FACILITY

    DISNEY ACQUIRES RIGHTS WORTH $650 MILLION TO BUILD ITS NEW FACILITY

    News by Editorial Team 10 Jul 2018

    The real estate that’ll be landmarked by Disney’s latest office will be located at 4 Hudson Square, New York City. The company would, however, remain in Manhattan’s Upper West Side which has been sold to Silverstein properties for $1.5 Billion in a different transaction. Company CEO Bob Iger promises the new premises to be technological ahead with a future-proof architecture for those, now enviable, employed at the company. 

     

     

    read more at Broad Casting Cable
  • NISSAN DOES A VOLKSWAGEN PUTTING THE BLANKET ON FALSIFIED EMISSION DATA

    NISSAN DOES A VOLKSWAGEN PUTTING THE BLANKET ON FALSIFIED EMISSION DATA

    News by Editorial Team 10 Jul 2018

    Two wrongs don’t make one right if only the duo of Volkswagen & Nissan knew this. The latter admitted on Monday to having handed quality assessments of almost 2,500 cars to unauthorized personnel, subsequently embellishing emission records. A disregard for public and environment safety, the move calls in question the project planning, not to mention social responsibility, of Nissan who’d certainly not have a shortage of talent, or does it?

     

    read more at Euro News
  • EMPLOYEE SACKING COMES BACK TO HAUNT ISRAELI NATIONAL SECURITY

    EMPLOYEE SACKING COMES BACK TO HAUNT ISRAELI NATIONAL SECURITY

    News by Editorial Team 09 Jul 2018

    We’ve all heard stories of employees returning to avenge their firing sevenfold but this beats them all. A recently fired 38-year old employee of NSO Group Technologies gained access to the company’s flagship product Pegasus and attempted to auction it on the dark web. Caught in time, the Israeli state shall now carry out legislation noting that the sale could have jeopardized national security.  

     

    read more at Globes
  • US REGULATORS’ STRONGARM TACTICS HAD THIS CHINESE MANUFACTURER’S NERVES CHILLING

    US REGULATORS’ STRONGARM TACTICS HAD THIS CHINESE MANUFACTURER’S NERVES CHILLING

    News by Editorial Team 09 Jul 2018

    Accused of aiding Iran, ZTE was handed a seven-year ban by US regulators. The move prohibited the Chinese MNC to use American-made components. However, an exceedingly zealous ZTE board wanted to make amends in time seeing its stock price tumble. As a result, it fired its top line and replaced the same with one Xu Ziyang (new CEO), who they feel would inspire American confidence. Costs of staying in business!      

     

     

     

    read more at GIZMODO
  • AMAZON’S PIVOT PROGRAM SENTENCES UNDERPERFORMERS TO A HEARING. DOES IT WORK?

    AMAZON’S PIVOT PROGRAM SENTENCES UNDERPERFORMERS TO A HEARING. DOES IT WORK?

    News by Editorial Team 06 Jul 2018

    The company exercises a public-hearing-cum-videoconferencing type peer review in which underperformers argue their employability. An X-ray of the process revealed that employees lose as much as 70% of the times, in which case their choices oscillate between severance pay or a prolonged probation period. The program’s inventiveness sidelined, what bothers people management experts is that the jury members aren’t HR practitioners but off-shore professionals designated in similar roles. Fair?  

     

    read more at Enterpreneur
  • RACIAL JUSTICE VETERANS STEP IN TO LEND STARBUCKS A HAND. YOU SHOULD LISTEN!

    RACIAL JUSTICE VETERANS STEP IN TO LEND STARBUCKS A HAND. YOU SHOULD LISTEN!

    News by Editorial Team 06 Jul 2018

    Workplace inclusion has pushed employers beyond their expected thresholds of experimental capacity, yet initiated personnel from the NAACP have offered free suggestions. Just in case. Few of the measures include auditing consumer profiles, economic security for the ground staff and a diverse leadership. The report was especially directed at the training efforts of Starbucks following the mishandled arrest of two black men in April at one of its’ outlets.      

     

    read more at HR Dive
  • SALESFORCE EMPLOYEES APPEAL TO HALT SERVICES FOR U.S CUSTOMS & BORDER PROTECTION

    SALESFORCE EMPLOYEES APPEAL TO HALT SERVICES FOR U.S CUSTOMS & BORDER PROTECTION

    News by Editorial Team 04 Jul 2018

    SalesForce’ lifeline, its employees, have petitioned a letter asking for a temporary suspension to the US Customs who happens to be a client. The latter’s questionable stance over immigrant deportation has sparked open protests in the major tech-solutions provider to the government. Earlier, Microsoft & Amazon employees made their frustrations known by a similar non-cooperation act.    

     

    read more at Fortune
  • ADVANCE STAFFING MEASURES AT KOHL’S TO GAIN RETAIL SHARE THIS HOLIDAY SEASON

    ADVANCE STAFFING MEASURES AT KOHL’S TO GAIN RETAIL SHARE THIS HOLIDAY SEASON

    News by Editorial Team 04 Jul 2018

    Instead of grappling to hire 11th-hour candidates and risk customer experience, Kohl’s has begun staffing solutions 5 months in advance. Filing positions for its 300 outlets, experienced retail employees will be incentivized with 15% discounts on purchases along with competitive wages. The recruitment strategy is being lauded by the experts given the fact that Kohl’s would face stiff competition from Amazon & Walmart.   

     

    read more at Fortune
  •  WONDERING WHO GETS PAID WHAT? YOU MIGHT HAVE AN ANSWER SOON!

    WONDERING WHO GETS PAID WHAT? YOU MIGHT HAVE AN ANSWER SOON!

    News by Editorial Team 03 Jul 2018

    Though a relatively small number, yet, employers are opening up to the possibility of making employee salaries public. Having become a vote-bank political tool, perhaps the awakening of sooner than later has struck U.S employers like CareHere, FogCreek and Hired who plan to reveal the salary brackets for all profiles. It has been argued that transparent pay equities would contribute to the productivity upon justifying the worth of an individual.

     

    read more at Bloomberg
  • NEW CODE OF CONDUCT TO THWART EMPLOYEE HARASSMENT AT GOOGLE

    NEW CODE OF CONDUCT TO THWART EMPLOYEE HARASSMENT AT GOOGLE

    News by Editorial Team 29 Jun 2018

    The petition that gravitated the sign support of 2600 Googlers beseeches a safer workplace. A slew of complaints by people of color and the transgender demographic have led the company to tighten the nuts and bolts of its code of conduct. Google has pinned high hopes on the amended policies which now cover the content posted on internal forums (perhaps) to avoid another James Damore episode.

     

    read more at Wired

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