Intel Corp’s (NASDAQ: INTC) Irish operation doled out three months’ unpaid leave to up to 2,000 staff as part of cost-cutting measures. Intel offered the workers at its manufacturing divis...
Tag: employees
Under 40? Here’s A Workplace Threat You Should Think About
Think you can work for as long as you want? Think again. getty What is one workplace threat that every employees under 40 should think about? The same threat facing every employee over 40. Ageism. Age...
‘I wish someone had warned me not to take my current job.’ 1 in 5 employees now reports being ‘miserable’ at work. Sound familiar? If so, this may be the No. 1 money move to make now
Workers are miserable these days Getty Images/iStockphoto Nearly 1 in 5 workers reports being miserable at work, according to Gallup’s recent “State of the Global Workplace: 2022.” And a global study ...
Crypto Winter Casualties Continue: Kraken To Lay Off Over 1,000 Employees
Kraken, the world’s third-largest exchange by trading volume, announced cutting off its workforce by 30% to deal with current market conditions. Specifically, the San-Francisco based company has reduc...
DoorDash to Lay Off 1,250 Employees in Cost Cutting Measures
DoorDash CEO acknowledged that they were not rigorous in managing team growth. The company has also announced severance benefits to all the departing employees. On Wednesday, November 30, the food del...
Kraken To Layoff 30% Of Employees Amid Crypto Market Turmoil
Kraken layoff news: U.S. based crypto exchange Kraken announced it is reducing its global workforce by around 30%. The exchange cited its plans to adapt to the current market conditions in the crypto ...
FTX Resumes Post-Bankruptcy Payments to Employees
Defunct cryptocurrency company FTX announced today that it would resume “ordinary course payments” of salary and benefits to employees worldwide and certain non-U.S. contractors. The annou...
Now-Bust Crypto Exchange FTX Acts For Employees And Contractors
FTX Trading Ltd will resume ordinary course payment. New CEO John Ray III about the recent situation. Australian branch including Sam Bankman-Fried and other executives are not included. The Parent Co...
FTX Resumes Payments to Employees And Contractors Pending Bankruptcy Hearings ⋆ ZyCrypto
Advertisement     FTX has resumed post-bankruptcy payments to employees worldwide days after they were halted following a chapter 11 bankruptcy filing in the US. Accor...
Collapsed Crypto Exchange FTX Resumes Normal Salary Payments to Employees Worldwide
Beleaguered crypto exchange FTX says most of its subsidiaries are resuming salary and benefit payments to employees after being interrupted during the company’s insolvency crisis. In a statement, FTX’...
Troubled FTX plans to resume payments to employees
The cryptocurrency exchange FTX and its partner companies, which have applied for bankruptcy court protection in the United States, announced that the majority of their subsidiaries would begin ...
Candy Digital NFT shop lays off large number of employees amid market deterioration
Digital collectibles firm Candy Digital, financially backed by industry heavyweights Mike Novogratz and Gary Vaynerchuk, has cut a large number of jobs — perhaps as much as half of its employees — rou...
FTX Resumes Payments to Its Employees Following Bankruptcy
27 mins ago | 2 mins read Exchange News FTX is resuming ordinary course payment of salary and benefits to its worldwide employees. The payments will exclude FTX’s former CEO, Sam Bankman-Fried. FTX, t...
FTX Pledges Continued Pay to Select Employees and Contractors
The beleaguered FTX International exchange is still trying to keep its head above water. Its latest move has been to reassure some staff and subsidiaries that they’ll still get paid. On Nov. 28, FTX T...
Disney hiring freeze will stay in place, CEO Bob Iger tells employees
Chief executive officer and chairman of The Walt Disney Company Bob Iger and Mickey Mouse look on before ringing the opening bell at the New York Stock Exchange, November 27, 2017 in New York City. Ge...
Adidas employees raised concerns about Ye’s conduct for years, report says
Gilbert Carrasquillo | Getty The chief executive and other senior leaders at Adidas discussed the potential fallout from its relationship with Kanye West as far back as four years ago, according to a ...
Crypto Exchange Lemon Cash Lays Off 100 Employees
8 seconds ago | 2 mins read Exchange News CEO Cavazzoli said that both the Argentine and Brazilian branches were impacted. In July 2021, Lemon closed a Series A fundraising round for $16.3 million. Ci...
Elon Musk Makes Fun of SBF’s Letter to His Employees
Arman Shirinyan SpaceX and Twitter CEO is not buying SBF’s redemption letter Yet another letter to SBF’s employees has been leaked, in which the CEO of the scandalous exchange asks his col...
Align Your Corporate Giving With Employee Values
Volunteers hand out toys to families in need at the Grace Food Pantry’s Christmas food and toy event … [+] in Everett, Massachusetts on December 19, 2020. (Photo by JOSEPH PREZIOSO/AFP via...
Google is toughening its performance reviews to identify 10,000 low performers. Employees fear layoffs are next
As if performance reviews weren’t already positioned to be stressful enough in a year shadowed by exhaustive debates around return to office, lost productivity, and the future of work, employees...
Disney CEO Bob Iger to hold town hall with employees on Monday
Drew Angerer | Getty Images News | Getty Images Disney Chief Executive Bob Iger will speak to employees at 9 a.m. PT Monday in a town hall, marking his return to the company. Iger said in a memo to em...
Decoding SBF’s letter to FTX employees
Nearly two weeks after FTX’s bankruptcy declaration, the former CEO Sam Bankman-Fried (SBF) has compiled another letter to the employees of the now-defunct crypto exchange. Bankman-Fried apologized fo...
Bankman-Fried explains why FTX collapsed in new letter to employees
FTX founder Sam Bankman-Fried apologized to his former colleagues and explained why the crypto exchange failed in a new letter. The letter, sent Tuesday and reviewed by The Block, says that a se...
Bankman-Fried Apologizes to FTX Employees, Details Amount of Leverage in Internal Letter
FTX founder and former CEO Sam Bankman-Fried “froze up in the face of pressure” as his company collapsed, he wrote in a new letter sent to employees of the company he once helmed. In the l...
Rough Road Ahead For Retail Employers And Employees Next Year
Retail employee having an awful schedule feeling exhausted and desperate getty A year ago, the retailers had one overwhelming employment problem: they couldn’t find enough people to work in their stor...
Rivian Under Scrutiny As Employees Allege Safety Breach At Illinois Plant
At least a dozen employees at Rivian Automotive, Inc (NASDAQ: RIVN) accused the electric-vehicle maker of safety violations at its Illinois plant, Bloomberg reports. The complaints filed with federal ...
Twitter Is Being Sued By Its Own Employees For Mass Layoffs
| Getty Images Key Takeaways Elon Musk acquired Twitter on October 28, 2022. A week later, he cut nearly half of its workforce. Workers in California have sued the company over potential violations of...
Binance CEO Changpeng Zhao Says Sam Bankman-Fried ‘Clearly’ Lied to FTX Users, Investors and Employees
Binance CEO Changpeng Zhao is unveiling more details about the call he had with Sam Bankman-Fried as the FTX founder scrambled to rescue his ailing crypto exchange. In a new CNBC interview, Changpeng ...
Religious employees allegedly fired for not getting COVID-19 vaccine sue Massachusetts pharmaceutical company
Religious employees at a major pharmaceutical company have filed suit in Massachusetts, claiming their employer instructed them to be vaccinated against their beliefs. Norm Pattis, an attorney who rep...
Elon Musk Remains Determined on Twitter 2.0 as Employees leave
Twitter: When Elon Musk took over at Twitter, there was cautious excitement. The maverick billionaire can be equally as disruptive as he is an inspiration. Spontaneous decision-making had already beco...