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Once Again, Elon Musk’s Tesla Pay Package Is Rejected

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...

Cargill Layoffs Announced, Falling Commodity Prices Impede the Business

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...

Cornered by a Labor Shortage, Greece Turns to Foreign Workers

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...

Airbus Announces 5% Job Cuts in Its Defense and Space Sector

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...

Amazon Workers Protest CEO’s 5-Day Office Policy

Amazon CEO Andy Jassy denied speculation that the company’s five-day in-office mandate was made to further layoffs or appease city officials. Not long after hundreds of Amazon workers signed a...

After Failed Negotiations, NYT Workers Strike to Continue Indefinitely

At an ultra-critical time for the news portal, NYT tech workers are on strike after negotiations between the union and the organization fell through. The New York Times is facing a tech strike that...

NHTSA Closes Probe into Ford’s Faulty EcoBoost Engines

In July 2022, regulators started looking into reports of engine failures affecting 2021 Ford’s Bronco SUVs. It then turned into a two-year probe covering more than 411,000 vehicles outfitted with...

TGI Fridays Navigates Chapter 11 Bankruptcy: What It Means for Brand’s Future

TGI Fridays, an American casual dining chain, said on Saturday that it has filed for Chapter 11 bankruptcy protection. TGI Fridays filed for bankruptcy as it was grappling with prolonged financial...

No Cheating! EY Fires Employees for Taking Multiple Online Trainings

Can you be fired for doing too much? In the case of Ernst & Young, it appears that you can. EY recently fired a group of employees for participating in more than one online training session at the...

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