Daily Management Review
Management

Facebook Is Ready To Go Through Scrutiny Over Its Hate Speech Control

As a response to many companies’ decision to pause advertising with Facebook over its policy to deal with hate speech, the company will be audit by Media Rating Council. Facebook Inc has informed that the company will collaborate through an audit process which scrutinise the company’s ways of...

Alstom And Bombardier In ‘Advanced Talks’ For Rail Deal

The said deal can value “up to 6.2 billion euros”, equivalent to “$6.95 billion”. The C.E.O of Bombardier revealed that the company was in “well-advanced” discussions with the French giant, Alstom for selling its rail division as it is pursuing “regulatory approval” for the same. The deadline for...

HSBC Sends Out Memo On Resuming ‘Redundancy Plan’ Post COVID-19 Crisis

The cost restructuring plan of HSBC was put on hold due to the global outbreak of COVId-19 pandemic. Now that profits slouches which difficult economic forecasts ahead, the bank decides to fall back on its initial plan to cut over thirty thousand jobs. HSBC has made up its mind about resuming on...

Hilton to reduce 22% of staff worldwide

The American hotel chain Hilton Worldwide Holdings announced a reduction in the number of employees worldwide by about 22%. Thus, the dismissal will affect about 2.1 thousand people. Previously, the company reduced corporate payments and the number of working hours, and a number of employees were...

CrossFit CEO quits after comments about Floyd

CrossFit founder Greg Glassman stepped down as CEO after losing the partnership with the Reebok brand and affiliated gyms due to his Twitter post joking about African-American George Floyd murdered in the U.S. Earlier, the Institute for the Evaluation and Measurement of Health Indicators (IHME),...

From entrepreneur’s serendipity to accidental sagacity

In their book entitled De la sérendipité dans la science, la technique, l’art et le droit. Leçons de l’inattendu, Danièle Bourcier et Pek van Andel (2013) describe serendipity as a combination of both chance and perspicacity, in so far as chance only occurs to those who already have some...

Minority Influence and intergroup dynamics

The conforming process is understood as the ability for a majority to modify the behavior of an individual (or group of individuals), in order to bring it into harmony with the behavior or attitude of the majority group of which it is a part. Such a conception of influence therefore aims to...

SEC: Number of whistleblowers goes up as companies allow employees to work from home

A side effect of the coronavirus pandemic, which forced many companies to transfer employees to a remote mode of operation, send people on leave without pay or even get fired, was an increase in the number of requests to the Securities and Exchange Commission (SEC) for corporate violations....

IEA Needs Bolder 'Climate Stance'

“Bold, not incremental, action is required”: in an open letter to IEA. The Head of IEA, the International Energy Agency, Fatih Birol had to face “renewed calls” for taking “bolder stance on climate change” as the investors were concerned over the ocmpany’s report which showed the enabling of...

Uniform Approach To Flying During Coronavirus Urged By UN Agency

There is a need for coming up with and following a uniform approach to flying safely during the coronavirus pandemic, believes a United Nations aviation-led task force. It is therefore urging airlines, airports and countries to devise and create such strategies and approaches.   The UN task...
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