44 stories found
Airbus employees in Spain have restarted their labor strike after rejecting a proposed compensation package. The renewed walkout intensifies delivery pressures and production delays for the aerospace manufacturer.
The German state is intensifying efforts to combat social security fraud, including cases of falsely registered children and fictitious employees, which are costing significant public funds, particularly in the Ruhr region.
Microsoft is offering severance packages, including up to 39 weeks of pay, to its US employees affected by recent layoffs, with new details emerging on how much ex-employees could receive, particularly those in commercial sales and Xbox gaming divisions.
Meta has paused an internal AI training program that tracked employees' keystrokes and mouse movements after an internal security lapse led to a company-wide data leak. The company is now examining the data security issues before potentially resuming the project.
Two hundred artists have donated their works for a sales exhibition aimed at raising funds to preserve their association and secure salaries for the employees of the Association of Fine Artists of Serbia (ULUS).
Australian fast-food chain Guzman y Gomez is facing a class action lawsuit from its former US employees, who allege they were terminated without proper pay or notice following the closure of the company's American stores.
Starbucks announced it is laying off 300 US corporate employees and closing some regional support offices. The move is part of a broader effort to cut costs and improve margins.
Yulia Navalnaya has rejected claims of 'fictitious employees' within the Anti-Corruption Foundation (FBK), following former CEO Ivan Zhdanov's call for an internal audit and accusations against Leonid Volkov.
An internal Microsoft document details a buyout offer for US employees who wish to retire, including cash, insurance, and stock vesting based on employee level and service years.
Employees of OASTH in Thessaloniki will go on a 24-hour strike on May 1st, participating in nationwide mobilizations declared by GSEE and the Thessaloniki Labor Center for International Workers' Day.
For the first time, Microsoft is offering a voluntary retirement program to thousands of its employees in the United States.
Microsoft has announced its first voluntary employee buyout program in 51 years, targeting approximately 7% of its U.S. workforce, or about 8,750 employees. The offer aims to reduce staff through voluntary redundancies.
Meta plans to install new tracking software on its US employees' computers to monitor mouse movements, clicks, and keystrokes, aiming to train AI agents for autonomous work tasks.
An ongoing protest at the Polish Social Insurance Institution (ZUS) headquarters in Warsaw sees employees demanding significant wage increases and improved working conditions, with unionists not ruling out a hunger strike.
South Korean battery manufacturer SK On has laid off 958 employees in its US operations.
Airbus employees have voted in favor of continuing their indefinite strike, ratifying the decision in initial ballots. This action indicates ongoing labor disputes within the company.
TikTok is requiring its US employees to return to the office five days a week, with the new policy set to begin next month.
Microsoft is offering severance packages to US employees affected by recent layoffs, with new details emerging on how much ex-employees could receive, particularly those in commercial sales and Xbox gaming divisions, which are reportedly the biggest casualty in this round of cuts.
Salesforce has initiated a new round of employee layoffs, according to a WARN notice, despite its annualized revenue recently surpassing $1 billion. An internal document has revealed the company's standard severance package for laid-off US employees, which varies based on level, tenure, and age.
A charity exhibition has opened in Serbia to raise funds for the delayed salaries of employees at the Association of Fine Artists of Serbia (ULUS), attributed to the Belgrade City administration's negligence.
Coinbase Global, Inc. (COIN) has revealed plans to cut 14% of its workforce, impacting numerous employees amidst a challenging market for cryptocurrency.
The CBI has booked an agency responsible for running night shelters in Delhi, alleging it paid salaries to bogus employees under a contract with DUSIB.
TTEC, a customer experience technology firm, has paused 401(k) matching for US employees through 2026, citing investments in AI as a contributing factor. This move reflects a broader trend of corporate benefits rollbacks influenced by AI spending.
KPMG's advisory division has introduced an AI dashboard for its 10,000 US employees to encourage more frequent and sophisticated use of artificial intelligence, aiming to improve work quality and reduce stress.
Several major technology companies, including Meta, Microsoft, Oracle, and Snap, have announced significant job cuts through mass layoffs and voluntary buyout programs. These workforce reductions are occurring amidst a shifting industry landscape, with some companies citing a focus on AI development.
Meta plans to lay off 8,000 employees globally, while Microsoft also offers voluntary buyouts to thousands of staff. These significant job cuts by major tech companies are often linked to increased investments in artificial intelligence.
Microsoft has reportedly offered buyouts to up to 7% of its employees in the United States as part of a corporate restructuring or cost-cutting measure.
A new report indicates that half of all US employees now utilize artificial intelligence tools in their workplaces, but this adoption is reportedly leading to a loss of almost eight hours of productivity per week.
Many laid off by Oracle in an early morning email claimed in social media posts that they were blindsided by the news.
Lucid launched its latest EV, the Gravity SUV, last year. Josh Lefkowitz/Getty Images EV startup Lucid Motors is cutting 12% of its US employees as demand for electric vehicles plummets. CEO Marc Winterhoff told staff on Friday that the cuts were necessary as Lucid attempts to become profitable. The US is facing an EV winter as sales plummet and manufacturers pull back their electric vehicle plans. Tesla rival Lucid is slashing its workforce as the EV winter tightens its grip. EV startup Lucid is cutting 12% of US employees, according to an email interim CEO Marc Winterhoff sent to unaffected employees on Friday, which Business Insider has seen. Winterhoff said the cuts would exclude hourly production employees in manufacturing, logistics, and quality. "This difficult but necessary decision was made to improve organisational effectiveness and optimize our resources as we continue on our path toward profitability," he wrote. It comes as Lucid faces a difficult environment for EV makers amid an industry-wide downturn, with sales plummeting following the end of the $7,500 tax credit in September. In its most recent earnings report in November, the company reported a net loss of nearly $1 billion. Lucid reports Q4 earnings next week. A Lucid spokesperson told Business Insider the cuts would not impact the company's hourly production workforce in Arizona, adding that the cuts were designed to "streamline" the organisation as it seeks long-term growth and margin improvement. "We are grateful for the contributions of all impacted employees and are providing resources, benefits, and support to assist them through this transition," they said. Read Lucid CEO Marc Winterhoff's full memo: Team; Today I want to share an important business update. We have implemented a 12% reduction of our U.S. workforce, excluding hourly production employees in manufacturing, logistics, and quality. This difficult but necessary decision was made to improve operational effectiveness and optimize our resources as we continue on our path toward profitability. If you are receiving this message, your role is not impacted. We are streamlining our organization so we can operate with greater efficiency and deliver on our commitments to gross margin improvement and long-term growth. We will continue to evaluate our day-to-day work to ensure that our time, energy, and resources remain focused on the initiatives that drive the greatest impact. This disciplined approach to execution is a core operational imperative for Lucid. Importantly, today's actions do not affect our strategy. Our core priorities remain unchanged, and we continue to focus on the start of production of our Midsize platform. With disciplined execution, we are also focused on further expansion into the robotaxi market, continued ADAS and software development, and growth in sales of Lucid Gravity and Air across existing and new geographies. Saying goodbye to colleagues is never easy. We are grateful for the contributions of those impacted by today's actions, and we are providing severance, bonus, continued health benefits, and transition support to help them through this period. As we move through today, I ask everyone to treat one another with empathy, professionalism, and respect, recognizing the personal impact these changes have on our teammates. To sustain and build on progress made in 2025, we must remain focused, operate with discipline, and execute with urgency. I know we are asking a great deal of our team, and I sincerely appreciate your continued commitment, resilience, and professionalism. I will address today's actions and answer questions during Monday's Town Hall. As always, you may presubmit your questions on The Hub. Warm regards, Marc Are you a Lucid employee or former employee with a story to share? Get in touch with this reporter at [email protected]. Read the original article on Business Insider
Disney announced it will no longer provide medical insurance for US employees' spouses who have access to coverage through their own jobs, a move anticipated as employers prepare for rising healthcare costs.
Airbus employees in Spain have initiated a strike that will last until the end of July, protesting current working conditions. The industrial action is expected to impact the company's operations in the region.
Meta has paused its Model Capability Initiative (MCI), an AI training program that tracked US employees' keystrokes, mouse clicks, and screen content, after an internal security notice revealed the data had leaked companywide.
This article explores what makes a brave political resistance movement successful, why some companies thrive with courageous employees, and how to address fears surrounding artificial intelligence.
Nvidia CEO Jensen Huang has revealed his management approach, admitting that he frequently criticizes the work presented by his more than 42,000 employees, stating that "you can’t go a day without some criticism."
Montenegro's secret service (ANB) is preparing new rules that would allow it to formally retire or remove surplus employees without disciplinary proceedings or proving guilt. An attorney described this as opening space for a "purge."
Meta employees in its US offices have launched protests against the company's implementation of new mouse-tracking technology. This software, designed to monitor employee activity, has sparked significant backlash among staff.
TTEC, a $2 billion customer experience technology firm, has announced a pause in 401(k) matching contributions for its US employees, joining a trend of corporate benefit rollbacks seen at companies like Deloitte and Zoom.
The mayor of Győr, Hungary, claims that more money was spent on fictitious employees than journalists at a local Fidesz-affiliated propaganda paper, which is now facing bankruptcy despite receiving over 1 billion forints in financial support.
Deloitte plans to reduce paid family leave from 16 to eight weeks and cut annual paid time off by 5-10 days for certain US employees starting January 1, 2027. These changes, affecting internal roles, are part of an effort to manage costs.
Meta Platforms has announced plans to lay off thousands of employees, with some reports indicating around 8,000 job cuts. These significant workforce reductions come as the company simultaneously increases its investments in artificial intelligence development.
Negotiations regarding salaries for hundreds of HUS employees in Finland have ended in a dispute, leading to the decision to take the pay cuts to court.
Oracle is providing severance packages of up to 26 weeks, including base pay and additional weeks for years of service, to US-based employees affected by recent layoffs.
Employees of Thessaloniki's KTEL (bus company) have sent a new request to the Minister of Labor, alleging government indifference and seeking discussions on major issues concerning their working conditions.