The shifting tides of the automotive industry have spelled a very complicated year for the majority of automakers. French car part supplier Valeo has announced job cuts in Europe, which will affect approximately 1,000 jobs. A significant portion of...
The U.S. Federal Trade Commission (FTC) has opened a broad antitrust investigation into Microsoft, including of its software licensing and cloud computing businesses, as per report. Microsoft is set to go under antitrust probe of U.S. FTC, which is...
Disney is faced with a $43.3 million lawsuit settlement after it was accused of paying its male and female staff differently. The Disney pay gap settlement came after a case was filed against the company alleging that its female...
Walmart Inc. is reversing course on diversity, equity and inclusion initiatives, joining a growing list of businesses retreating on DEI programs targeted by conservative activists. Walmart, the largest private employer across the U.S., has recently announced significant DEI rollback. Walmart...
Just as the arrival of DEI policies took America by storm, the abrupt rollback of these policies is becoming equally widespread. Reports have revealed that Walmart’s DEI policies are being scaled back entirely, as the company is no longer...
Space X is spreading its wings wide and its shares are flying high, but for competitor Airbus, job cuts are leading the way forward. The defense and space sector layoffs by Airbus will affect around 2,000 workers, which sets...
Greece is in the midst of an unprecedented labor shortage that is forcing businesses to appeal to foreign workers to take up the local jobs. The country has a need for workers in a vast range of sectors, from...
The IT and automotive industries are not the only ones feeling cornered by job cuts, with top agribusiness Cargill also announcing layoffs across its global workforce. As a privately-held business, the company doesn’t have too much information on its...
Elon Musk’s Tesla pay package is still stuck in limbo as a judge has rejected all attempts to reinstate it. The Delaware court ruling over the Tesla CEO’s pay package upholds a previous ruling from January that had determined...
Automakers worldwide are doubling down on their efforts to restructure their workforce, but employees are unwilling to accept the changes sitting down. Volkswagen workers in Germany are going on strike to express their dissatisfaction with the changes occurring at...