corporate

Tesla CEO Elon Musk said Thursday that company shareholders will vote on whether to move its registration to Texas after a Delaware judge tossed out a multibillion-dollar bonus package for Musk on Tuesday. Delaware Chancery Court Judge Kathaleen McCormick ruled Tuesday that Musk cannot keep a record-breaking compensation agreement worth up to $55.8 billion because it was determined unfairly and Musk controlled the board that authorized the package. A group of shareholders challenged the bonus plan in 2018, just…

Job hunting isn’t the easiest task in the world. In fact, sometimes, it seems that you must go through hell to land a job. Today’s story’s author felt just like that after the interview they had. We can’t even call it an interview since the whole thing was pretty much the hiring manager making the person feel bad for something she did herself. Thankfully, the person figured out how to get back at her. More info: Reddit How do you react when you get blamed for something that the blamer did?Share iconImage credits:…

A new report by the U.S. branch of the non-profit Environmental Investigation Agency says that investment interest and government tax incentives are fuelling intense mining exploration in remote northern B.C. — raising concerns about the environmental impacts of the work and its financial implications.The report focuses on the transboundary region, which falls along the border between the Alaska panhandle and the province of B.C. Much of this exploration is focused on the so-called Golden Triangle, which in many areas is…

Veho, a package delivery company, confirmed that it laid off 19% of its employee headcount, or about 65 jobs. As first reported by The Information, these layoffs came after Veho grew revenue nearly 90% in 2023. “We conducted a reorganization of our corporate team to improve efficiencies, accelerate our path to profitability and be able to invest more in areas that directly impact our clients’ needs and our growth,” according to a company statement sent to TechCrunch. The logistic technology…

Jeans are displayed at a Levi Strauss store in New York, March 19, 2019.Shannon Stapleton | ReutersLevi Strauss will lay off at least 10% of its global corporate workforce as part of a restructuring, the apparel retailer said Thursday as it said it expected weaker sales this year. The job cuts will take place in the first half of the year, and could affect up to 15% of corporate employees, Levi's said. The company had more than 19,000 employees as of November, but it is unclear how much of that workforce is in corporate…

The jeans maker said it’s looking to increase global productivity in the first half of the year. The company also reported an increase in sales in the fourth quarter. The jeans maker said it’s looking to increase global productivity in the first half of the year. The company also reported an increase in sales in the fourth quarter. FOLLOW US ON GOOGLE NEWS Read original article here Denial of responsibility! Techno Blender is an automatic aggregator of the all world’s media. In each content, the hyperlink to…

Big tech’s big dreams of a corporate metaverse filled with virtual reality workplaces aren’t quite dead yet, at least according to Microsoft. The Redmond, Washington tech giant finally unveiled its 3D Mesh integration for Microsoft Teams, offering a new wave of generic-looking, legless avatars for making work meetings a fair bit more awkward.Warning! Microsoft Wants ChatGPT to Control Robots NextAs envisioned by Microsoft, this new Teams Mesh integration essentially lets users access 3D avatars, then stick them in…

A wise man once said that folks should take as many bathroom breaks as they possibly can so that companies would be paying them for pretty much pooping all the time and not actually getting work done.That wise man was I Prevail vocalist Eric Vanlerberghe, for those wondering.But you gotta admit—that is some pure anti-work sentiment right there. Absolutely in line with scrolling through work memes, like the ones you can witness on Corporate Bish, an Instagram Page that provides a spot-on representation of how many of us…

A stealth inflationary cost is biting into corporate profits. While some companies are now seeing lower input and freight costs, one expense is not falling: insurance.In its earnings report Friday morning, Dow component Travelers said insurance premiums that it charges are still soaring. Premiums on business policies jumped 14% in the last quarter. Consumers are feeling the pinch, too. Homeowner renewal premiums spiked 21%, while those for auto policies jumped 17%. Those higher prices aren't deterring demand, though. The…

Insurance companies like HDFC Ergo General Insurance and Bajaj Allianz General Insurance are negotiating with cybercriminals as cyber attacks increase. HDFC Ergo has observed a 25 to 30 per cent increase in new corporate cyber policy enrolments…