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  • THE RISING TIDE OF ALPHABET, EXCEEDS PROJECTIONS

    THE RISING TIDE OF ALPHABET, EXCEEDS PROJECTIONS

    News by Editorial Team 24 Apr 2018

    An upward Y-o-Y, no wonder Google’s parent company recorded an annual revenue, greater than the size of a few small economies. On top of adding a talent force of 5,000, the tech-giant boasted a revenue of $31.1 Billion within the first quarter. Alphabet now stands strong at 85,050 employees & if the signs are anything to go by, ‘tis just getting started.

     

    read more at Recode
  • $24.4 MILLION AS SALARY FOR NETFLIX’S CEO

    $24.4 MILLION AS SALARY FOR NETFLIX’S CEO

    News by Editorial Team 24 Apr 2018

    The entertainment company which has gotten people addicted to its productions surely knows how to keep its top dog happy. Reed Hastings, who prioritizes content over technology, was handsomely paid $24.4. million in 2017, pre-tax. The median employee compensation for the media company was more than $183,300 for the same year.

     

    read more at CNBC
  • 500 EMPLOYEES ASKED TO LEAVE, JUST LIKE THAT!

    500 EMPLOYEES ASKED TO LEAVE, JUST LIKE THAT!

    News by Editorial Team 23 Apr 2018

    One of the major employers in Morgantown city of West Virginia, Mylan Pharmaceuticals, went haywire with their laying-off spree. The company on Friday released as much as 500 employees quoting “regulatory expectations” as a pretext for “rightsizing” their manufacturing facility. Though the company would still be a source of livelihood for 3,000 people in Morgantown, the fate of those losing their job-status seems doomed for now.

     

    read more at The State Journal
  • IF EXECUTIVES GET FULL-PAID LEAVES, WHY CAN’T THE BOTTOM LINE?

    IF EXECUTIVES GET FULL-PAID LEAVES, WHY CAN’T THE BOTTOM LINE?

    News by Editorial Team 23 Apr 2018

    It’s fair, square and simple. Imagine if such were to be the demarcation between you and the top-executives of your company. This debate is a disappointing reality for many working at Walmart, some of whom got a chance to raise their voice at the Hypermarket’s annual investor meeting. The staff, represented by Ms Carolyn Davis, kept their case for fully compensated family leaves. 

     

    read more at Fortune
  • TRADE WAR OR NOT, IT’S HARD TO SHRUG-OFF AMERICANIZED PRODUCTS

    TRADE WAR OR NOT, IT’S HARD TO SHRUG-OFF AMERICANIZED PRODUCTS

    News by Editorial Team 20 Apr 2018

    China, which has in the past gone beyond rhetoric while punishing Japanese & South Korean companies, faces a tougher challenge with the USA. In the ongoing sledging between Beijing & Washington D.C, are sandwiched those who thank the American MNC’s for their bread-n-butter. Should there be a trade war, it’d be interesting to see the tolerance level of the People’s Republic, who might incur a greater casualty count.  (“eventually” would not go with “might”).

     

    read more at The New York Times
  • FINALLY! SOME BREATHING SPACE IN WALMART UNIFORMS!

    FINALLY! SOME BREATHING SPACE IN WALMART UNIFORMS!

    News by Editorial Team 20 Apr 2018

    The retailer who was facing an ongoing backlash from the employees has blinked. The employees who were earlier confined to white-n-blue (for shirt-n-jeans respectively) have now been given the relaxation of shirt colors. The pilot-trials, which are being supervised at limited locations, have garnered much appreciation from the workforce. To paraphrase Kory Lundberg, Walmart spokesperson, upon complete assessments the changes shall be made permanent.

     

    read more at Business Insider
  • PAY JUST ENOUGH, TO KEEP EMPLOYEES COMPETITIVE, NOT DISILLUSIONED

    PAY JUST ENOUGH, TO KEEP EMPLOYEES COMPETITIVE, NOT DISILLUSIONED

    News by Editorial Team 20 Apr 2018

    This work-ethic was adopted by Marissa Meyer, back in the day when she used to run the show at Yahoo. In an interview with the New York Times, Marissa opened up about this practice which she learned working as a Google employee, earlier in her career. She further elaborated that salaries should be an incentivizing factor, but not the driving force behind workplace motivation.

     

    read more at Business Insider
  • TAKING EMPLOYEE TRAINING TO A WHOLE NEW LEVEL - STARBUCKS 

    TAKING EMPLOYEE TRAINING TO A WHOLE NEW LEVEL - STARBUCKS 

    News by Editorial Team 19 Apr 2018

    The coffee-maker will be pulling the shutters down on its outlets on May 29 to conduct a massive nationwide training for the employees. The workforce will be educated regarding the preventive penicillin against Racial Bias, an issue which seems to have stung the brand. The pro-active measures are being hurried into place following the arrest of two African-American men at one of its locations in Philadelphia.

     

    read more at USA Toady
  • HERBERT DIESS IS THE NEW KINGPIN AT VW

    HERBERT DIESS IS THE NEW KINGPIN AT VW

    News by Editorial Team 19 Apr 2018

    Call it the power struggle or damage control, but Herbert Diess has succeeded in claiming the throne of Volkswagen to his name. The veteran, who will succeed Mathias Mueller, is keen on reinstating stakeholder-interests, coming on the back of their diesel emission scandal. When only two months into VW, Mr. Diess provided a glimpse of his character, battling the labor union & saving the company €3.7 billion.  

     

    read more at Fortune
  • NOSEDIVING EMPLOYEE MORAL. SHOULD FACEBOOK BE WORRIED?

    NOSEDIVING EMPLOYEE MORAL. SHOULD FACEBOOK BE WORRIED?

    News by Editorial Team 18 Apr 2018

    Coming on the back of a deadly scandal that involved a breach of trust, arguably, there’s no end to Facebook’s worries, it seems. Reportedly, the company’s HR-units are about to get their hands full of succession planning deliverables, let alone a ton load of internal transfer requests. The source of this rising clamor, has been traced to the product team linked with the data leak. 

     

    read more at INC
  • UNITED AIRLINES EMPLOYEE WHO DRAGGED PASSENGER, FILES LAWSUIT

    UNITED AIRLINES EMPLOYEE WHO DRAGGED PASSENGER, FILES LAWSUIT

    News by Editorial Team 16 Apr 2018

    James Long, who was videoed dragging a passenger in the airplane aisle and fired, after the fact, has now moved to the courts. The lawsuit names United Airlines, the Chicago Department of Aviation (CDA) and its commissioner Ginger Evans. Long, will be taking the stand on the lines, that if he had been trained for such a drastic situation beforehand, the outcome would’ve been otherwise.  

     

    read more at NPR
  • FORCED INTO RETIREMENT, SIR MARTIN SORRELL TO LEAVE WPP

    FORCED INTO RETIREMENT, SIR MARTIN SORRELL TO LEAVE WPP

    News by Editorial Team 16 Apr 2018

    One of the giants of the FTSE pantheon, WPP plc has confirmed Sir Martin Sorrell’s stepping down as the CEO. The industry veteran who’d spent 33 years propelling the business to the heights that it enjoys today, was hallowed by investigations of financial misappropriations. Sir Martin will be treated as a retired employee who’d maintain his contractual-withstanding with the company.     

     

    read more at BBC
  • RUMOR MILLS RUNNING WILD WITH TALK OF CHANGE AT VOLKSWAGEN

    RUMOR MILLS RUNNING WILD WITH TALK OF CHANGE AT VOLKSWAGEN

    News by Editorial Team 13 Apr 2018

    If the sources are to be believed, word has it that the chief executive chair might see a new back with Matthias Mueller obliging for Herbert Diess. To quote company chairman Hans Dieter Poetsch, Matthias Mueller has “showed his general willingness to contribute to the changes.” Push had been coming to shove at the top for some time, following the diesel-cheating scandal that blotted the company’s image all over the front-pages. 

     

    read more at Fortune
  • RACIST PROPAGANDA SETS THE ALARM RUNNING IN AMERICA

    RACIST PROPAGANDA SETS THE ALARM RUNNING IN AMERICA

    News by Editorial Team 12 Apr 2018

    The multi-billion-dollar retail chain just got a taste of an underground white-supremacist propaganda, being spread from its shores. Off-late, parents in Virginia, Washington DC & Florida complained of receiving unexpected add-ons in diaper bags reading, “It’s okay to be white.” The cards, whose screenshots trended on social channels, set the retail chain on a cat & mouse chase, which ended in the culprit being identified & fired. 

     

    read more at Cosmopolitan
  • BIG COMPANIES GET THEIR ACT TOGETHER FOR EQUAL PAY

    BIG COMPANIES GET THEIR ACT TOGETHER FOR EQUAL PAY

    News by Editorial Team 12 Apr 2018

    Players like Starbucks, Intel, Adobe & Salesforce, to name a few, have outdone others in terms of implementing pay parity for all. Recent numbers suggested that women, in the land of opportunities, earned $0.80 against a $1 for male counterparts. On the occasion of Equal Pay Day, leaders have their tasks cut out to introspect on bringing women & racial minorities at par with the rest.

     

    read more at Fortune
  • LOBBYISTS EXCHANGE FAVORS WITH FACEBOOK, CLAIMS REPORT

    LOBBYISTS EXCHANGE FAVORS WITH FACEBOOK, CLAIMS REPORT

    News by Editorial Team 12 Apr 2018

    Trouble seems to be mounting for Facebook’s Godfather, Mark Zuckerburg who’ll in addition to his testimony, be addressing congressional members in regards to a controversial report. The Center for Responsive Politics has done the digging on the social network employees, who they claim made contributions towards the Congress, worth $607,000. The favors were traded by vis-à-vis Facebook’s Political Action Committee, as per the report

     

    read more at C Net
  • WILL THE MILITARY ASSOCIATION, BACKFIRE ON GOOGLE?

    WILL THE MILITARY ASSOCIATION, BACKFIRE ON GOOGLE?

    News by Editorial Team 06 Apr 2018

    Such is the apprehension of its employees who fear the brand-image getting tarnished “beyond repair”. The US Military, having initiated Project Maven, requires input from Google to hone its AI might and streamline the drone capabilities. Google employees, however, demand the project be canceled and the company declares its position unequivocally. Of the 88,000 employees that the company has, 3,100 have come forward to sign the open letter to the company.

     

    read more at BBC
  • NOW, A BILL TO IGNORE THOSE AFTER-OFFICE EMAILS

    NOW, A BILL TO IGNORE THOSE AFTER-OFFICE EMAILS

    News by Editorial Team 03 Apr 2018

    NYC Councilman, Rafael Espinal has come to the rescue of those employees who are nagged by their bosses to keep a check on emails from home. On Thursday, Rafael introduced a bill that seeks to penalize employers (financially) and empower the workforce with what is being called, the “right to disconnect.” The inspiration for the same is being sourced to a 2017 French law of the same nature.

     

    read more at Gizmodo
  • MILES TO GO WITH INTEL’S DIVERSITY AGENDA

    MILES TO GO WITH INTEL’S DIVERSITY AGENDA

    News by Editorial Team 02 Apr 2018

    The company recently came up with its annual Diversity report and one must say, the numbers aren’t that flattering. In comparison to 2016, the number of women employees has increased by a miser 0.8% while white workers still hold a majority 47.8%. Yet, of all, it is the colored minority which is still lagging behind with a 4% representation.

     

    read more at Fortune
  • FACEBOOK PLEADGES PROVE HOLLOW, AS DISCRIMINATORY ADS RESURFACE

    FACEBOOK PLEADGES PROVE HOLLOW, AS DISCRIMINATORY ADS RESURFACE

    News by Editorial Team 30 Mar 2018

    The National Fair Housing Alliance (NFHA) has named Facebook in a lawsuit for allowing discriminatory ads to run on its platform. The lawsuit alleges that the website is in direct violation of the Fair Housing Act. This component of the law safeguards people from being discriminated against in regards to finances in housing. Back in 2016, Facebook faced similar allegations, when it pledged to overhaul its systems.

     

    read more at Huffington Post

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