Daily Management Review
Management

UniCredit CEO’s Uncertain Future Puts Governance Talks On Hold

Mustier puts forth “strict conditions” about any “potential deal”. Informal discussion regarding governance at UniCredit have been put on hold since it is not clear of the bank’s C.E.O “will stay”. The mandate of Jean Pierre Mustier is coming up in spring for renewal while sources familiar to the...

ThyssenKrupp cuts 11,000 jobs

One of Germany's largest industrial conglomerates, ThyssenKrupp, has announced an additional 7.4 thousand job cuts to optimize business amid the COVID-19 pandemic. In general, within the framework of the optimization program launched last year, the total number of jobs that will be cut will reach...

Dorsey retains his position as Twitter CEO

Committee on governance structure, opposed to Jack Dorsey, expressed confidence in him, noting the improvement in Twitter performance in the last reporting quarter. Elliott Management of Paul Singer has earned about $ 200 million from the growth of the company's shares since February. Twitter CEO...

3-5-3 and the recommended Scrum Accessories

Scrum is fast, easy, and fun, with only 11 parts. There are 3 Roles, 5 Events, and 3 Outputs. This simplicity may be why Scrum is the most used agile framework in the professional world today. More job postings request a “Certified Scrum Master” than any other professional agile credential. The 11...

Japan To Work Closely With US And Europe To Regulate Big Tech: Antitrust Body Chief

Japan will work closely with the United States and Europe to address any issues of market abusing by the four Big Tech companies of the world, said the new chief of Japan’s antitrust watchdog. The comments indicate intention of Japan to be a part of the global efforts aimed at regulating the...

Shell to lay off up to 9,000 employees

The British-Dutch Royal Dutch Shell announced that it will write off $ 1-1.5 billion in the 3rd quarter due to the depreciation of assets. By the end of 2022, the company will reduce its staff by 7000-9000 people. Including, by the end of 2020, 1,500 employees will leave Shell of their own free...

Rupert Stadler, former Audi CEO, arrives in German court to face dieselgate charges

Prosecutors have charged Stadler with fraud, false certification and criminal advertising practices; Stadler has pleaded not guilty to the charges. On Wednesday, the former CEO of Audi, Rupert Stadler, presented himself to a court in Munich to face fraud charges as part of Volkswagen's disel...

Carbon neutral by 2050: ArcelorMittal

This is huge given that ArcelorMittal is the world’s biggest steelmaker. On Wednesday, the world's largest steelmaker, ArcelorMittal stated, it has committed to being carbon neutral by 2050. This however comes with a rider since in order to achieve its targets it will require a level playing field...

Antitrust Investigation Against Google Being Prepared In China: Reuters

Preparations for an antitrust investigation into the business practices Alphabet Inc's Google is to be launched in China over the company’s alleged business strategy of leveraging the dominance of its Android mobile operating system to suppress competition, claimed reports citing sources in...

Curbs On Data Sharing & Digital Marketplaces To Be Imposed On US Tech Giants In Europe

A new set of draft rules by the European Union aimed at reining in the power of United States based tech giants could essentially bans companies like Alphabet unit Google, Facebook, Amazon, Apple and other US tech firms from favouring their services or forcing users to sign up to a bundle of the...
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