Daily Management Review
Management

China Claims The National Problem Of Youth Being Addited To Video Games Has Been Tackled

According to a report, young people in China have reduced their reliance on video games. The China Game Industry Group Committee, which is affiliated with the gaming regulator, makes the claim.   And it may raise hopes that officials, who once referred to video games as "spiritual opium,"...

After A Surprise Return To The Company, Disney CEO Bob Iger To Start A Huge Stir

A major shake-up within Disney is being planned by it CEO Bob Iger. The CEO, who was brought back into the company less than 24 hours ago after he retired as chairmen of the company last year - a move that surprised the industry, said in an emailed statement to employees.   Kareem Daniel,...

Disney to cut jobs amid crisis

In an effort to turn the streaming service Disney+ profitable during a time of economic uncertainty, Walt Disney Co. plans to halt hiring and eliminate certain positions, reports Reuters citing an internal newsletter. The letter was written by CEO Robert Chapek to Disney executives, outlining the...

WSJ: Meta to cut thousands of jobs

According to sources, Meta Platforms intends to start a significant job cuts. It will be the organization's first significant layoff in 18 years. On Wednesday, Meta will make the cuts public. Employees have been instructed to postpone any unnecessary travel. According to the WSJ, thousands of...

Huge Payouts For Twitter’s Top Executives Fired By Its New Owner Elon Musk

According to Equilar, three top executives of Twitter Inc who were fired by new owner Elon Musk will receive separation pay totalling $122 million.   According to people familiar with the situation, Musk fired Twitter CEO Parag Agrawal, Chief Financial Officer Ned Segal, and legal affairs...

Mitsubishi Electric to punish ten current and former executives for falsification

According to The Mainichi, Mitsubishi Electric Corporation would discipline eleven former and present executives. The investigation revealed that the company's top officials had falsified records pertaining to inspections of the air conditioners and brake compressors used in its trains for more...

Child Labour Violations Being Probed In Its US Supply Chain By South Korean Auto Giant Hyundai

Hyundai Motor Co, Korea's largest automaker, is probing child labor violations in its supply chain in the US and intends to "sever ties" with Hyundai suppliers in Alabama found to have used labourers, according to the company's global chief operating officer Jose Munoz.    In July,...

Deforestation Still Being Fuelled By Top Global Finance Companies – New Study

According to a new study released on Tuesday, the world's largest financial institutions increased their support for companies in the agriculture, forestry, and land use sectors most responsible for deforestation in 2021.   The report, released by the Forests & Finance Coalition of NGOs...

Number of whistleblowers in the UK grows by 70% during the pandemic

Over the previous two years, citizen complaints to His Majesty's Revenue and Customs (HMRC) against their companies have increased by 70%. The COVID-19 pandemic's two years of restrictions are mostly to blame, according to the Financial Times. The Internal Revenue Service received 15,000 complaints...

HSBC to expand private banking in China

The British bank HSBC has extended its offerings to wealthy Chinese clientele.The British bank HSBC has extended its offerings to wealthy Chinese clientele. The official launch of HSBC Global Private Banking's services in Chengdu and Hangzhou, two significant Chinese cities, was announced on...
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