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  • Away co-founder Steph Korey steps down as co-CEO!

    Away co-founder Steph Korey steps down as co-CEO!

    News by Editorial Team 08 Jul 2020

    According to a spokesperson Away co-founder Steph Korey would step down later this year from her position as co-CEO! The move was a succession plan that was put into the motion at the beginning of this year stated the statement released by the company. It also clarified that the move was no way a result of the recent social media activity, which some news outlets reported.

     

    read more at HRDIVE
  • Deutsche Post reports 16% increase in Q2 profits!

    Deutsche Post reports 16% increase in Q2 profits!

    News by Editorial Team 08 Jul 2020

    In an internal communication, German logistics group Deutsche Post reported a growth of about 16% increase in second-quarter operating profit. The report was shared on Tuesday, along with the announcement that the company would pay 500,000 employees a bonus of about $339 as a reward for the efforts during the global pandemic crisis.

     

    read more at Reuters
  • Tech employment slowly recovers post lockdown!

    Tech employment slowly recovers post lockdown!

    News by Editorial Team 08 Jul 2020

    According to a CompTIA analysis of US Bureau of Labor Statistics data IT employment in June added about 227,000 positions across industries. The statement also revealed that in May about 28,000 net technology positions were added. It also stated that improvement in tech sector recruitment was driven by areas like tech manufacturing, which added about 7,300 jobs in June.

     

    read more at HRDIVE
  • Laura Giangiuli takes over as SVP, chief HR officer at CALIBRE!

    Laura Giangiuli takes over as SVP, chief HR officer at CALIBRE!

    News by Editorial Team 07 Jul 2020

    In a recent development at CALIBRE, the organization has promoted Laura Giangiuli to senior vice president and chief human resources officer as part of the organization’s   redesign. Giangiuli has had been the organization since 2004 and she was hired as a benefits specialist. Giangiuli has been an integral part of the CALIBRE’s organizational redesign and hiring mission.

     

    read more at WashingtonExec
  • 'Exponential Increase' in pandemic-related lawsuits!

    'Exponential Increase' in pandemic-related lawsuits!

    News by Editorial Team 07 Jul 2020

    According to a recent report by law firm Fisher Phillips, it was found there had been a significant rise in the employment-related lawsuits that stemmed from the coronavirus pandemic in the month of June. The claims involving discrimination and employee leave emerged as the most common, stated the report. Fisher Phillips, a labor and employment firm revealed about 43% of all the COVID-19 related cases, it tracked were filed in federal and state courts in June.

     

    read more at Reuters
  • Brazilian carrier Azul lays off about 1000 employees!

    Brazilian carrier Azul lays off about 1000 employees!

    News by Editorial Team 07 Jul 2020

    In a latest development related to pandemic, Brazilian airline Azul SA had laid off about1,000 employees. The move contends with the economic fallout from measures to curb the coronavirus pandemic.

     

    read more at Reuters
  • Denny's plans to recruit 10K employees by 2020 end!

    Denny's plans to recruit 10K employees by 2020 end!

    News by Editorial Team 03 Jul 2020

    According to a press release, Denny’s has plans to recruit 10,000 restaurant-level employees for both its company owned and franchise owned restaurants in the US by the end of 2020. The casual dining store would be hiring for various positions including cooks, servers, and restaurant managers, the press release stated. 

     

    read more at HRDIVE
  • Facebook faces ire for widespread discrimination against Black workers!

    Facebook faces ire for widespread discrimination against Black workers!

    News by Editorial Team 03 Jul 2020

    In a recent development, a Black Facebook worker filed a complaint against the social media giant on Thursday. The complainant claimed the Facebook’s commitment to diversity and civil rights, not forgetting its support for the Black Lives Matter movement, hides widespread discrimination against the people of color. According to the complaint filed by the employee it was revealed that the discrimination is prevalent during hiring, performance evaluations, promotions and even salaries.

     

    read more at Reuters
  • Tesla ended pay cuts period on 29 June 2020!

    Tesla ended pay cuts period on 29 June 2020!

    News by Editorial Team 03 Jul 2020

    In an internal mail sent to the employees, Tesla HR informed the employees about the period of reduced salaries coming ended on 29 June 2020. Tesla had initiated the job cuts by 10% to 30% for its salaried employees in mid-April citing coronavirus pressures on the business. In the current mail sent by Tesla HR to its global employees on 1st July 2020, shared the details about forthcoming performance review process.

     

    read more at CNBC
  • Microsoft launches global reskill initiative for the in-demand jobs!

    Microsoft launches global reskill initiative for the in-demand jobs!

    News by Editorial Team 03 Jul 2020

    According to a blogpost by Microsoft President Brad Smith, dated 30 June 2020, it was revealed Microsoft along with its LinkedIn unit had launched a global skills initiative to help candidates acquire skills for in-demand roles. The blogpost stated the goal was to increase the digital skills of 25 million employees globally by the end of 2020. Smith in his post stated that the global pandemic has brought to the limelight the ever-widening skills gap globally, which needs to be ‘closed’ with a greater urgency in order to accelerate economic recovery.

     

    read more at HRDIVE
  • Racial protest shakes up the C-Suite, forces them to step down!

    Racial protest shakes up the C-Suite, forces them to step down!

    News by Editorial Team 02 Jul 2020

    The protest against racial discrimination has shaken up the C-Suite executives of numerous high profile organizations around the world. The protest has escalated the demands for racial equality and accountability at the workplace amid a month of Black Lives Matter protests. The stepping down CEOs and leaders ranging from media, tech, and politics have asked for their successors to be the people of color.

     

    read more at Forbes
  • Mercedes Bez resumes second shift in Brazilian factory!

    Mercedes Bez resumes second shift in Brazilian factory!

    News by Editorial Team 02 Jul 2020

    In a recent development related to coronavirus, the German automaker Mercedes Benz, revealed it has resumed a second shift in its factory located in Sao Bernardo do Campo, an industrial suburb of Sao Paulo, Brazil. The move at its Brazilian unit is to increase social distancing among employees as sales slowly gained momentum.

     

    read more at Reuters
  • US labor report is again in a mess!

    US labor report is again in a mess!

    News by Editorial Team 02 Jul 2020

    According to the latest US labor report, while there is a further improvement in a hammered market, the real trend would not be immediately clear as the report was issued early morning. The misclassification of the unemployed workers led to the official unemployment rate to understate the degree of joblessness in America during coronavirus.

     

    read more at Bloomberg
  • California sues Cisco Systems for job discrimination!

    California sues Cisco Systems for job discrimination!

    News by Editorial Team 01 Jul 2020

    In a recent incident of racism, California regulators had sued Cisco System for racial discrimination of an Indian-American employee. The lawsuit stated that the employee was harassed by his two managers as he was from a lower caste than them. While the US employment law does not categorically bar caste-based discrimination, however, California’s Department of Fair Employment and Housing had contended in the lawsuit stating the Hindu faith’s lingering caste system is based on protected classes such as religion.

     

    read more at Reuters
  • Labor market tries to recover post pandemic induced lockdown eases!

    Labor market tries to recover post pandemic induced lockdown eases!

    News by Editorial Team 01 Jul 2020

    According to Bureau of Labor Statistics, about 47.2% of Americans are jobless. The BLS statistics revealed the employment-population ratio had plunged to about 52.8% in May, which meant that almost half of the US population was still out of job showcasing the amount of healing US labor market has to undergo.

     

    read more at CNBC
  • Adidas HR chief resigns amid diversity concerns!

    Adidas HR chief resigns amid diversity concerns!

    News by Editorial Team 01 Jul 2020

    Amid the burgeoning racial discrimination and diversity concerns, the head of global human resources for athletic wear maker Adidas AG, steps down from her position at the organization and announced her immediate departure. The departure was announced on 30 June, 2020 and was mutually agreed with other board members. The move was transpired after the media reports of criticism by Black employees about a lack of diversity at the organization surfaced.

     

    read more at Forbes
  • Disneyland workers oppose plans to reopen amid pandemic!

    Disneyland workers oppose plans to reopen amid pandemic!

    News by Editorial Team 29 Jun 2020

    In a recent development related to the global pandemic, Disneyland workers staged a protest from their cars on Saturday on the reopening of the resort without proper protections for employees. The workers argued that the company has not agreed to any adequate protections for the employees when the resort would reopen to the public amid a pandemic. The Walt Disney Co had initially planned to welcome the guests back to Disneyland and neighboring California Adventure from 17 July 2020. However, now they have postponed the restart date indefinitely.

     

    read more at Reuters
  • CVS unveils return-to-work service includes COVID-19 test option!

    CVS unveils return-to-work service includes COVID-19 test option!

    News by Editorial Team 29 Jun 2020

    CVS Health launched a workplace reopening product for US employers and universities. The product that was launched on Wednesday is an instrument to test employees and students for COVID-19 to help with the reopening process.  The product – The Return Ready program – would include testing options that would vary depending on the physical worksite and exposure risk. It would also include point-of-care diagnostic tests, which would give results within 15 minutes or third-party lab tests that would issue results in a few days.

     

    read more at HRDIVE
  • Amazon join hands with an NGO to upskill workers for Tech jobs!

    Amazon join hands with an NGO to upskill workers for Tech jobs!

    News by Editorial Team 29 Jun 2020

    According to a statement issued by Rebecca Taber, founder and co-CEO of Merit America, it was revealed Amazon’s Career Choice partners with Merit America – a nonprofit organization, which helps workers to develop desirable skills that would lead to highly sought-after technology jobs. The partnership was announced on 23 June 2020. The joint partnership would benefit the hourly associates who do not have college degrees. According to the statement, the program has been designed to overcome barriers that are often faced by middle-skill workers.

     

    read more at HRDIVE
  • Macy to slash 3,900 jobs to save cash in response to weak demand!

    Macy to slash 3,900 jobs to save cash in response to weak demand!

    News by Editorial Team 26 Jun 2020

    In a recent announcement made by Macy’s Inc on Thursday, it was revealed the departmental store chain would be laying off about 3,900 employees. The layoff would happen in the corporate and management positions as the US businesses try to save cash in the face of weak demand triggered by the global pandemic. Macy which had about 123,000 employees at the end of January had said it expected to save about $365 million in fiscal 2020 and about $630 million every year as a result of the layoffs.

     

    read more at Reuters

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