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  • POWER CHANGES HANDS AT SONY, AS THE CURRENT CEO STEPS-DOWN

    POWER CHANGES HANDS AT SONY, AS THE CURRENT CEO STEPS-DOWN

    News by Editorial Team 05 Feb 2018

    It’s official. Kazuo Hirai will be making way for the company’s CFO, Kenichiro Yoshida, to take control as Sony's new CEO. The change will be effective from April 1. The duo had been instrumental in past for selling the struggling PC business and taking the PlayStation segment to new heights. Mr. Hirai shall retain the chairmanship of the electronics giant.

     

    read more at BBC 
  • LAWSUIT BY FARADAY, NAMES EX-EXECUTIVES FOR STEALING INTELLECTUAL PROPERTY

    LAWSUIT BY FARADAY, NAMES EX-EXECUTIVES FOR STEALING INTELLECTUAL PROPERTY

    News by Editorial Team 02 Feb 2018

    This is the predicament of more than 50% of German companies who are tussling with time to find able, interested people. While some have been forced into the compulsion of replacing retiring baby boomers, others are willing to make an offer people can’t refuse. The allure of extra days off, pay rise, even reduced working hours should ideally provide the catalyst to fill record vacancies. Tick tock.<  

    read more at Economic Times
  • FUJIFILM TO OWN MAJOR STAKE IN XEROX

    FUJIFILM TO OWN MAJOR STAKE IN XEROX

    News by Editorial Team 01 Feb 2018

    The car manufacturer will lay-off a record 9% of its workforce to register profits and prune duplicate roles. Yet, the victims of downsizing have made peace with the situation, that too, with positive reviews on social channels. Tesla will sanction severance pay in the form of ‘salary & stock vesting’ than leaving the ex-staff hanging by the thread. 

     

    read more at BBC
  • DOES A JOB-CUT GUARANTEE EFFICIENCY?

    DOES A JOB-CUT GUARANTEE EFFICIENCY?

    News by Editorial Team 31 Jan 2018

    In a rippling economy where inflation is wreaking havoc, UK retailers bear the brunt of running a successful business. Many seek respite from the rising heat of falling revenues, to counter which they are turning to cutting jobs, in the name of efficiency. The list runs supermarket chains like Sainsbury’s, Asda, Tesco & now even B&Q.

     

    read more at BBC
  • A $2.4 BILLION TAKEOVER OF CALLIDUS BY SAP

    A $2.4 BILLION TAKEOVER OF CALLIDUS BY SAP

    News by Editorial Team 31 Jan 2018

    Dhivya Suryadevara will be remembered in the annals of history as the first female CFO of a major car-maker. She’s almost the same age (39) as the accrued experience of the departing CFO Chuck Stevens (40 years) at GM. This is the second major female entrant in the company’s board, since the financial crisis of 2009, CEO Mary Barra being the first.  

    read more at Fortune
  • HEALTHCARE, TECHNOLOGY AND AMAZON

    HEALTHCARE, TECHNOLOGY AND AMAZON

    News by Editorial Team 31 Jan 2018

    Healthcare is one of the most valued sectors in the world, and as expensive. The trinity of Jeff Bezos, Jamie Dornan & Warren Buffet are coming together for reasons inspired to bring healthcare costs down with technology. A rather surprising thing to look out for is that the initiative will not be driven to make profits.  

     

    read more at C Net
  • ONE WAY OR THE OTHER, UK WILL SUFFER THROUGH THE BREXIT – REPORT

    ONE WAY OR THE OTHER, UK WILL SUFFER THROUGH THE BREXIT – REPORT

    News by Editorial Team 30 Jan 2018

    An analysis which was to be presented to the cabinet was embarrassingly leaked, adding to the Theresa May’s blushes. The report, supposed to be kept secret, claims that after weighing all the options the United Kingdom could see its National Income take a plunge. Depending upon the agreement, the dip could vary from 2% to 8%.  

     

    read more at Financial Times
  • A GIVE-N-TAKE EQUATION OF AI WITH THE JOBS

    A GIVE-N-TAKE EQUATION OF AI WITH THE JOBS

    News by Editorial Team 30 Jan 2018

    The AI-blitzkrieg is all about getting rid of the redundancy. A recent report claims that the UK alone stands on the verge of losing up to 3 million jobs by 2030. But all shall not be lost. It is also estimated that nations of the sizes comparable to that of the United Kingdom are likely to generate 80,000 jobs annually, accredited to AI.

     

    read more at BBC
  • STILL MODELLING AT 69, MAYE MUSK PROVES AGE IS JUST A NUMBER

    STILL MODELLING AT 69, MAYE MUSK PROVES AGE IS JUST A NUMBER

    News by Editorial Team 30 Jan 2018

    The mother of decorated entrepreneur Maye Musk has been a lifelong model. And even at 69, she refuses to bow to her age. Signing a contract with IMG Models, Maye might be signaling to something much greater than inspiration for others. At a time when the Gen-X is sweating out over post-retirement savings, an increasing number of people are preparing to run some extra miles turning 60.

     

    read more at BBC
  • MALE BBC EDITORS AGREE TO A PAY-CUT

    MALE BBC EDITORS AGREE TO A PAY-CUT

    News by Editorial Team 29 Jan 2018

    While top performers at an ideal organization may reap monetary rewards for their efforts, Instagram gives its star players an ‘axe’. Literally. The hunch that seeped into reality over a coffee outing is now part of a vibrant office ritual that bolsters both esteem and performance. It appears, company executives have unlocked the mantra to a wholesome professional life – A sense of recognition far outweighs financ  

    read more at BBC
  • WALMART TO SLAM DOORS ON 500 OF ITS CORPORATE EMPLOYEES

    WALMART TO SLAM DOORS ON 500 OF ITS CORPORATE EMPLOYEES

    News by Editorial Team 29 Jan 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 could  

    read more at Fortune
  • MEET UBER’S FIRST DIVERSITY AND INCLUSION OFFICER – BO YOUNG LEE

    MEET UBER’S FIRST DIVERSITY AND INCLUSION OFFICER – BO YOUNG LEE

    News by Editorial Team 25 Jan 2018

    Uber is surely making great progress as promised by its CEO Dara Khosrowshahi when it comes to refurbishing culture. Approving to one of the recommendations from the attorney general Eric Holder, the company has appointed a first D&I Officer, Bo Young Lee. Bo, was earlier employed at the financial services firm Marsh as its global D&I head.  

     

    read more at Fortune
  • YOUR “SALARY HISTORY” IS NOW LEGALLY NONE OF ANYONE’S BUSINESS

    YOUR “SALARY HISTORY” IS NOW LEGALLY NONE OF ANYONE’S BUSINESS

    News by Editorial Team 23 Jan 2018

    Payroll Panda facilitates SME’s with UI friendly capabilities for payroll management. The Startup though claims to have 1000 clients, but it's their seed fund of $700,000 that proves investors see the scope of improvement in other competitive SaaS-based HR platforms. Payroll Panda is part of that elemental digital transformative change which will encourage SMEs to embrace the cloud technology.

     

    read more at Fortune
  • THE CURIOUS CASE OF THE “BARTER SYSTEM” IN CHINA

    THE CURIOUS CASE OF THE “BARTER SYSTEM” IN CHINA

    News by Editorial Team 23 Jan 2018

    A new story popping-up in the Jiangxi province in China is raising the eye-brows for strange reasons. Almost 30 migrant workers who were employed in a factory in Nanchang, whose unpaid-dues had piled up to 80,000 yuan, have been paid back with 290,000 bricks instead of money. Speculation points to the fact that such disputes are commonplace, owing to the Chinese New Year preparations.

     

    read more at BBC
  • WORKOUT IS WHAT WILL STIR YOUR BRAIN INTO ACTIVITY!

    WORKOUT IS WHAT WILL STIR YOUR BRAIN INTO ACTIVITY!

    News by Editorial Team 22 Jan 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 Fortune
  • ROBOTS COULD HOLD THE KEY TO DELIVERING REPAIRS AT FUKUSHIMA

    ROBOTS COULD HOLD THE KEY TO DELIVERING REPAIRS AT FUKUSHIMA

    News by Editorial Team 19 Jan 2018

    The disaster which led to the leak of 600-tons of nuclear fuel still has regions with life-threatening levels of nuclear waste. Yet, the Tokyo Electric Power Company is striving to mend the power plant by deploying robots. Much is left to speculation, as parts of the town still receive food supply through drones.    

     

    read more at BBC
  • AMAZON GETS A FLURRY OF PROPOSALS TO SET UP ITS SECOND BASE

    AMAZON GETS A FLURRY OF PROPOSALS TO SET UP ITS SECOND BASE

    News by Editorial Team 19 Jan 2018

    In a war to generate 50,000 skilled jobs at AMZN's state of the art facility, 238 cities from 54 states of America had submitted their proposals to the E-commerce giant. The company has narrowed its options down to just 20, to set up a second headquarters, that’ll be called HQ2. Some of the shortlisted locations include those in Los Angeles, Miami, Toronto, Washington & New York.

     

    read more at CNN
  • CARILLION ENTERS LIQUIDATION, LEAVING EMPLOYEES TO BE UNCERTAIN OF FUTURE

    CARILLION ENTERS LIQUIDATION, LEAVING EMPLOYEES TO BE UNCERTAIN OF FUTURE

    News by Editorial Team 17 Jan 2018

    United Kingdom’s second-largest construction company has raised the alarm-bells for its’ 20,000 strong workforces, by deciding to liquidate. Company sources continue to blame the £900 million debt as the Government refuses to bail it out. An already catastrophic state could become apocalyptic, adversely affecting 43,000 jobs worldwide.

     

    read more at The Sun
  • DRIVER SCHEDULED TO DELIVER AMAZON PACKAGES, SACKED FOR BEING ROBBED!

    DRIVER SCHEDULED TO DELIVER AMAZON PACKAGES, SACKED FOR BEING ROBBED!

    News by Editorial Team 17 Jan 2018

    Martyn Gilham, who used to drive for Midlands agency was informed that he might be liable to pay damages for the robbed articles. The Amazon-associated vendor told Martyn that he could further lose his job upon not complying. The driver in-turn has hit out at Amazon and criticized the working conditions of people alike.  

     

    read more at Daily Mail
  • “REMARKS” NOT DISCRIMINATORY ENOUGH, DECIDES THE JURY IN A CASE

    “REMARKS” NOT DISCRIMINATORY ENOUGH, DECIDES THE JURY IN A CASE

    News by Editorial Team 15 Jan 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 Independent

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