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16 weeks of parental leave for Citigroup employees in the United States
16 weeks of parental leave for Citigroup employees in the United States
Unemployment in Germany increased by 25,000 in May
Unemployment in Germany increased by 25,000 in May
Citigroup and HSBC mandate full-time office attendance amid regulatory changes
In response to impending regulatory shifts, Citigroup and HSBC Holdings are pivoting away from hybrid work arrangements. Potentially signalling a broader trend, the banks have mandated office presence for their US employees. Citigroup’s move affects 600 employees who were previously allowed to work remotely and are now required to commute daily. Similarly, the policy change will impact around 350 HSBC workers—roughly half of the company’s city-based workforce. Notably, not all employees may have a strict five-day workplace schedule. Due to forthcoming FINRA regulations, certain roles, such as dealmakers and bank traders, will be exempt from this mandate. While first prompted by the epidemic, the relaxation of remote work laws is now being reversed, forcing firms to adjust. Major Wall Stree...
Manchester United employees were told to return to the office or receive a resignation bonus.
Manchester United employees were told to return to the office or receive a resignation bonus.
Fisker CEO encounters employee opposition during layoffs.
Fisker CEO encounters employee opposition during layoffs.
Foxconn will reduce its personnel amid rising wages.
Foxconn will reduce its personnel amid rising wages.
Pixar to cut 14% of Jobs
Pixar to eliminate 14% of roles
TikTok plans major layoffs in its global marketing and operations workforce.
TikTok plans major layoffs in its global marketing and operations workforce.
Paytm announces possible layoffs in the midst of its first-ever sales drop.
Paytm announces possible layoffs in the midst of its first-ever sales drop.
The UAE’s migrant workforce from India boosts the country’s GDP by $100 billion.
The UAE's migrant workforce from India boosts the country's GDP by $100 billion.
Tata Motors revives multi-skilled beneficiary programme to increase worker competency.
Tata Motors revives multi-skilled beneficiary programme to increase worker competency.
CEO of OpenAI answers issues about safety and equity.
CEO of OpenAI answers issues about safety and equity.