Drowsy driving is the cause of approximately 6,000 crashes annually in the US. Having dominated the roads for long, Uber now looks to quell this danger by mandating a six-hour break, for the most frequent of its drivers. The GPS settings of the app shall automatically be turned-off as the driver reaches the threshold of a 12-hour use.
The latest agreement grants consultation and negotiating rights to a union called Unite. 650 members of the cabin crew, based out of the airline’s UK basis, would gain representation via the aforementioned union in matters of compensation, work-hours & holidays. Ryanair has been putting its foot on the peddle to increasingly emerge as an employee-centric-brand, one might add, “to good e
The likes of Google and Uber are taking notice of Apple’s latest recruits who previously worked at Tesla and NASA. Why? Having obtained the permit to test self-driving vehicles, the tech corporation is likely to go all in for its automation-inspired, Project Titan. With secrecy shrouding the topic since the beginning, the company’s actions make intentions clear - to catch market players, having already lost th
Nest, the hardware company that was aggressively acquired in 2014 for $3.2 Billion, shall now be fully immersed within the infrastructure of Google. The latter, which erstwhile left Nest to function as an independent entity is now underway in getting its engineers on board. Contrary to modern M&I beliefs, Alphabet shall not be leaving Nest employees in the open to dry.
With Fortune500 companies having no more than 6.4% women CEOs, much is to be expected from the boardroom of global corporations. Nevertheless, there is one C-suite position, where women trump men, by the sheer strength of their numbers. At 60 of the 100 largest US companies by revenue, it is a woman who holds the crown of a CHRO!
Or so we gather, from the latest installments of standing desks for all employees. Tim Cook, who’s an avid promoter of smart living, is smitten with the idea of healthier employees. And why not? On-campus plantations, gyms, not to mention an interstellar office make the top of perks being arrayed for the workforce. An investment which bears Apple the return of being the World’s Most Valued C
Major corporations operating in the UK are not doing their professional landscape a favor by adapting to a policy which eliminates job-positions in the name of business imperatives. This time it’s the Lloyds Banking Group which is showing pink slips to about 900 employees. The compensation shall come in the form of 450 fresh vacancies, which still leaves a deficit of 465 jobs.
Morrisons has announced plans to give its internal structure a face-lift in process axing 1500 jobs. The employee-grind comes as the supermarket intends to increase its on-floor staff-deployment. The affected staff will have the option to either re-apply for management vacancies or face a pay-slump, switching to new positions being created.
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.
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.<
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.
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.
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.
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.
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%.
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.
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.
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
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
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.
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