In a statement that its competitors will take as a warning, GM will roll-out its self-driven cars by 2019. As if waiting for the best time to announce, after studying Uber and Ford, the car manufacturer sees great potential in error-less driving leading to congestion-free roads, something of a dream if you ask people! GM has been poaching talent across industries to realize its goals.
Koch Equity Development, Koch Industries’ investment arm, recently announced a massive shareholding buyout in the global ERP technology company Infor. This deal, valuing Infor at over $10bn is also rumored to include Private Equity major Blackstone Group.
Infor has a wide range of enterprise technologies that includes HCM and Payroll Accounting and has been a quick mover to cloud computing, partnering with Amazon Web Services. It has operations in 200 countries and has over 15, 000 employees.
The mother of decorated entrepreneur Maye Musk has been a lifelong model. And even at 69, she refuses to bow to her age. Signing a contract with IMG Models, Maye might be signaling to something much greater than inspiration for others. At a time when the Gen-X is sweating out over post-retirement savings, an increasing number of people are preparing to run some
The temporary ban on the profiles of Marcia Belsky and a few others for using “hate speech”, has many wondering about their means of expression. The comedian who posted “men are scum” in reply to a post, was banned for violating the company’s moderating directives. The guidelines censor content which is explicit in nature and projected towards race/cast/color among other things.
With the deadline for all companies with a headcount of more than 250 by April 2018 inching closer, all eyes are turning to the BBC. Prime Minister Theresa May had recently ruled that BBC staff earning more than £1,50,000 be identified. Since then, there has been tremendous anticipation that a huge gender pay gap in the media giant will be revealed, with the Office for National Statistics showing a disparity of 18.1%
Madalyn Parker, a web developer at Olark Live Chat, has brought the issue of mental health to the fore. Stressing on her need for the week offs, she marked an email to co-workers. Ben Congleton (CEO) upon learning the news, appreciated her step to make use of the same. Madalyn, then took to twitter creating a furor of tweets.
Five agents of the Security Agency of Canada (CSIS) have filed a $27.7 million-dollar lawsuit against their own employers on the grounds of racism. The plaintiffs, of which one is black, second a gay and the remainder Muslims, have accused the agency of prolonged abuse. The claimants reportedly fell ill to mental issues, filed the case on July 13tth
Global Cloud CRM major Salesforce’s Founder and CEO Marc Benioff tweeted this Friday on offering jobs to laid off Microsoft employees. Microsoft had laid off 4,000 employees in the past week in its sales and marketing departments. Benioff even provided an email address in his tweet where prospects could send their applications.
French engineering conglomerate Alstom has announced that it plans to increase its headcount by 700, making it to a total of 2500 in the current year. Alstom’s Bengaluru operations handles its entire engineering operations in India, South East Asia, Middle East and Australia. Focused on creating a gender diverse workforce, hiring women is also expected to be a major area of focus.
Investment Banking has always been considered a man’s game. A cliché that has held sway over multiple generations in most countries across the world. But an unlikely candidate has finally broken the mold. Malaysia, with a majority muslim population, has more number of women chiefs in its national investment banks than men, it was recently reported. Besides, these also include women heads in major financial corporations operating in the country including Credit Suisse and Rothschild. This is the biggest breakthrough in an industry that has a staggering 95% male population in top positions worldwide.
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