Employees
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Citigroup CEO faces growth challenge as overhaul rattles employees
CITIGROUP investors have rewarded CEO Jane Fraser with a share price boost after Fraser announced a sweeping overhaul of Citi’s sprawling structure in September, cutting costs by laying off 5,000…
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AI-Driven Platform Slected.me Empowers Employees And Businesses Through Transparent Salary Insights
Groundbreaking platform Slected.me introduces a new approach to job matching and salary comparison, revolutionizing the employment sector. The platform leverages artificial intelligence (AI) to empower individuals to make informed decisions…
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Boeing Says Employees Must Take ‘Immediate’ Action On Safety Measures
US aeronautics giant Boeing, facing increased scrutiny after a series of safety incidents and manufacturing issues, is directing employees to take “immediate actions” to improve operations, according to a message…
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Are You Talking To Your Employees About The Consequences Of Signing A Union Card?
If you have employees, they have most likely heard of an uptick in union activity recently. However, they probably aren’t as educated about the process and pitfalls as you may…
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Citigroup to lay off 286 employees in New York
CITIGROUP will lay off 286 employees in New York, according to filings to the State Department of Labor, at a time the bank is carrying out its biggest overhaul in…
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HSBC introduces new bonus system for most junior employees
HSBC Holdings is introducing a new bonus plan for most junior employees in support roles as it seeks to improve transparency on compensation. Those staff will be given a figure…
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Citigroup Records Worst Quarter Performance in 14 Years, Prepares to Layoff 20,000 Employees
In a significant move, Citigroup, the US multinational investment bank, is set to cut a staggering 20,000 jobs over the next two years, marking its most extensive downsizing effort in…
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New US Labor Rule May Help Gig Workers Qualify As Employees
A rule issued Tuesday by the US Labor Department making it tougher for companies to classify workers as “independent contractors” could take a toll on the gig economy — and…
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BlackRock Plans To Let Go Of 600 Employees Ahead Of Imminent Bitcoin ETF Approval
KEY POINTS Blackrock expects the SEC to approve its Bitcoin ETF application this Wednesday It did a similar round of layoffs in 2022 based on the performance metrics of employees…
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700 Airbus Atlantic Employees Suffer Severe Bout of Gastroenteritis After Christmas Dinner; Annual Event Goes Wrong
In a festive celebration gone awry, a gourmet Christmas dinner for 2,600 employees at the French aerospace giant Airbus Atlantic has left hundreds of workers suffering from a severe bout…
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California Coffee Shop Fires Employees Who Blocked Jewish Woman from Using Bathroom after She Complained About Anti-Semitic Graffiti [WATCH]
Three employees at a California coffee shop, who were caught on camera blocking a Jewish woman from using the bathroom while making anti-Israel comments, have been fired. Staff at Farley’s…
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Byju’s pays remaining employees’ salaries for Nov after ‘technical glitch’
Over the years the company has witnessed a remarkable success and growth with its valuation touching almost $6 billion in just seven years. Edtech major Byju’s has paid November salaries…
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Microsoft extends open arms, over 500 of 770 OpenAI employees threaten to take the offer
ChatGPT creator warns about AI; Is the world in trouble? After Microsoft hired former OpenAI CEO Sam Altman to run its advanced AI research vertical called ‘Sam’, more than 500…
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OpenAI Employees Threaten To Resign If Sam Altman Isn’t Reinstated As CEO
The letter comes after Altman was unexpectedly dismissed by OpenAI AFP Nearly 500 employees of OpenAI said they may resign from the company unless Sam Altman is reinstated to the…
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‘Big Three’ Auto Employees Ratify Overhauled Contracts: Union Source
Members of the United Auto Workers (UAW) have ratified the in-principle labor agreements promising sweeping pay increases that were reached with US car companies Ford, Stellantis and General Motors, a…