Singapore’s cabinet is being re-shuffled. The move which is designed to assert a younger POV (Point of View) will give chance to ministers of relatively young political representatives. One such face happens to be of Mrs. Josephine Teo, who’ll assume her duties as the country’s latest Minister of Manpower. Emptying the chair for her will be Mr. Lim Swee Say, having spent three years in the position.
Quality may never come cheap, but talent certainly does! Which is why companies like Amazon, Google & Microsoft go headhunting abroad. In the last two years, the likes of such tech giants have been pushing for greater H-1B applications to pass through. Though foreign minds contribute significantly to innovation in the Americas, perhaps one ought to think of a large number of Americans vying for similar positions.
A deaf Uber drivers’ FYI-appeal to his riders, has caught the eye of the world. The cabbie named Onur had pinned a note, informing cab-takers of his impaired hearing until one of his customers shared its image on twitter. And the rest is history. The heart-melting one-pager, requesting people to feel comfortable in the car is winning people over as the re-tweets continue to pour in.
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.
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.
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.
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.
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”).
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.
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.
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.
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.
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.
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.
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.
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.
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.
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.
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
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.
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