Management
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.
Published on November 19, 2020
By Iris Barker
Management
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…
Published on November 2, 2020
By Iris Barker
Management
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…
Published on October 30, 2020
By Editorial Team
Management
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
Published on October 19, 2020
By Debdutta Ghosh
Management
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…
Published on September 30, 2020
By Iris Barker
Management
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.
Published on September 30, 2020
By Debaleena Bhattacharjee
Management
Carbon neutral by 2050: ArcelorMittal
This is huge given that ArcelorMittal is the world’s biggest steelmaker.
Published on September 30, 2020
By Debaleena Bhattacharjee
Management
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
Published on September 30, 2020
By Debdutta Ghosh
Management
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,
Published on September 30, 2020
By Debdutta Ghosh
Management
Former top manager of Deutsche Bank to become Commerzbank’s new CEO
On Saturday, German Commerzbank announced appointment of Manfred Knof as CEO.
Published on September 27, 2020
By Iris Barker
Management
BHP Group cuts remuneration for its CEO due to coronavirus
The coronavirus pandemic, which has driven up spending on key BHP Group mining projects and reduced production, has also negatively affected the remuneration of its CEO Mike Henry.
Published on September 15, 2020
By Iris Barker
Management
Fraser To Lead A Wall Street Bank As The First Woman C.E.O
Citigroup Inc has appointed Fraser as many embraced the decision as a right step towards promoting diversity and inclusion in the mainly male dominated financial industry.
Published on September 12, 2020
By Debaleena Bhattacharjee
Management
Mark Zuckerberg Is The Youngest To Join The Global Centibillionaire Club
Following the launch of Instagram reels Facebook stock soared up by "12%" in 2 days.
Published on August 27, 2020
By Debaleena Bhattacharjee
Management
Elon Musk’s wealth exceeds $100B
The capital of the founder of Tesla and SpaceX, Elon Musk, has grown more than 3.5 times since the beginning of this year and for the first time exceeded $100…
Published on August 27, 2020
By Iris Barker
Management
Global education publisher Pearson appoints Andy Bird as CEO
Andy Bird will be replacing current CEO, John Fallon, and will assume the role from October 19, 2020.
Published on August 24, 2020
By Debaleena Bhattacharjee
Management
Marks & Spencer to lay off 7,000 employees in three months
British retailer Marks & Spencer has announced that it will cut 7,000 jobs in the next three months due to a slowdown in sales amid the pandemic and cost-cutting programs.
Published on August 18, 2020
By Iris Barker
Management
Booking.com to lay off 25% of its employees
The American company Booking Holdings, which owns the online hotel booking service Booking.com, has announced its intention to cut 25% of its employees amid a sharp drop in tourist travel…
Published on August 5, 2020
By Iris Barker
Management
Google allows employees to work from home until summer 2021
American corporation Google has decided to allow employees to continue working remotely, if they wish, at least until July 2021, CNN reports.
Published on July 28, 2020
By Iris Barker
Management
Pfizer’s Angela Hwang Joins UPS’ Board of Directors
31% board of directors at UPS are female representatives.
Published on July 24, 2020
By Debaleena Bhattacharjee
Management
Red Bull changes top managers in the US amid internal disagreements over BLM movement
Austrian Red Bull GmbH, the manufacturer of energy drinks Red Bull, has replaced top managers in the United States amid internal disagreements over the company's response to the Black Lives…
Published on July 16, 2020
By Iris Barker
Management
Ex-wife of Amazon founder becomes the richest woman in USA
Wealth of the ex-wife of Amazon founder Jeff Bezos grew by almost $ 6 billion in a week. This helped her to take first place in the list of richest…
Published on July 13, 2020
By Iris Barker
Management
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…
Published on June 19, 2020
By Debaleena Bhattacharjee
Management
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%.
Published on June 17, 2020
By Iris Barker
Management
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…
Published on June 9, 2020
By Iris Barker
Management
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…
Published on June 6, 2020
By Olivier Meier
Management
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
Published on June 5, 2020
By Olivier Meier
Management
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,…
Published on June 2, 2020
By Iris Barker
Management
IEA Needs Bolder ‘Climate Stance’
“Bold, not incremental, action is required”: in an open letter to IEA.
Published on May 31, 2020
By Debaleena Bhattacharjee
Management
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
Published on May 31, 2020
By Debdutta Ghosh
Management
Indian tech giant Wipro Ltd appoints Thierry Delaporte as CEO and MD
Wipro Ltd has made changes in its executive positions.
Published on May 30, 2020
By Debaleena Bhattacharjee
Management
American Airlines to downsize 30% of managers and administrative staff
American Airlines intends to downsize 30% of its managers and administrators, according to The Wall Street Journal, citing a letter sent to the airline. In total, the reduction will affect…
Published on May 29, 2020
By Iris Barker
Management
Nokia Veteran Sari Baldauf The New Nokia Chief, To Face As 5G Challenge
Telecoms equipment maker Nokia has selected Sari Baldauf as its new chairwoman. She will succeed Risto Siilasmaa who headed the Finnish company for eight years. Nokia is currently facing a
Published on May 29, 2020
By Debdutta Ghosh
Management
Mergers and Acquisitions: Escalation of Commitment Bias
Escalation of commitment bias is particularly prevalent, in high risk strategic decisions, such as mergers and acquisitions (M&A).
Published on May 27, 2020
By Olivier Meier
Management
M&A integration: How to successfully integrate strategic acquisitions
Mergers and acquisitions are vital to the growth of many businesses, yet roughly half of all M&As fail to create value or wealth for shareholders of the acquirers (Gaughan, 2017;…
Published on May 20, 2020
By Olivier Meier
Management
WTO Director General to resign
The Director General of the World Trade Organization (WTO), Roberto Azevêdo, told the governments of member countries that he plans to resign before the end of his term of office…
Published on May 13, 2020
By Iris Barker
Management
The educational challenges of the pandemic
At the time of writing, UNESCO figures suggest that 1.38 billion learners around the world, equivalent to 80% of those in education, are being prevented from attending classes and courses…
Published on May 8, 2020
By Editorial Team
Management
Amazon sets to check employees for COVID-19
Amazon intends to test employees around the world for coronavirus. The company began creation of its first laboratory. Large-scale testing can be one of the ways to restart the economy…
Published on April 16, 2020
By Iris Barker
Management
World’s richest man earns $6.4B in a day
The richest man in the world, Amazon CEO Jeff Bezos, earned over $ 6 billion in a day due to record growth in stock prices, Forbes reported.
Published on April 14, 2020
By Iris Barker
Management
Noel Quinn appointed as HSBC Head
Noel Quinn has been appointed CEO of the British-Hong Kong banking group HSBC Holdings plc, the company’s website reads.
Published on March 18, 2020
By Iris Barker
Management
Amazon to hire 100,000 new employees
Amazon.com, the world's largest online retailer, intends to additionally hire 100,000 warehouse workers and couriers in the United States due to the growth of online orders amid the outbreak of…
Published on March 17, 2020
By Iris Barker
Management
Coronavirus Spread In US Forces Postponement Of Elon Musk Trial Over Tesla-SolarCity Deal
The coronavirus outbreak in the United States has forced the postponement of an expected defence of a $2.2-billion deal in court by Elon Musk which was scheduled to begin on
Published on March 15, 2020
By Debdutta Ghosh
Management
Chapek Becomes New Walt Disney C.E.O As Iger Steps Down
The new development at Walt Disney leave analysts quite surprised.
Published on February 26, 2020
By Debaleena Bhattacharjee
Management
Honda Cars Philippine Inc To Stop Production
As Honda fails to increase “global automobile operations” and witnesses a drop in profit levels, the company has decided to terminate manufacturing process in its Philippine based unit.
Published on February 25, 2020
By Debaleena Bhattacharjee
Management
HSBC to downsize nearly 35,000 employees
HSBC British Bank released the results of 2019 and announced upcoming large-scale reforms. The bank’s shareholder earnings fell by 53% to $ 6 billion, due to write-offs of $ 7.3…
Published on February 18, 2020
By Iris Barker
Management
Death Form Air Crashes Fall Globally By 50% In 2019
According to a report by an aviation consulting firm, there was an almost 50 per cent drop in 2019 in the number of deaths in major air crashes around the
Published on January 3, 2020
By Debdutta Ghosh
Management
Banks around the world announce largest staff reductions since 2015
Banks around the world are announcing job cuts, which could be the biggest in four years, cutting back on spending amid a slowdown in the global economy and a shift…
Published on December 29, 2019
By Iris Barker
Management
Analysts Welcome Kalanick’s Exit From Uber
Kalanick to focus on his “ghost kitchen” business which has already gathered around “$400 million” from investors.
Published on December 29, 2019
By Debaleena Bhattacharjee
Management
Travis Kalanick says last goodbye to Uber
Uber founder Travis Kalanick will leave the board of directors on December 31. He will focus on his new business and charity.
Published on December 25, 2019
By Iris Barker