.jpg "Emirates, Etihad to continue with salary cuts till September!")
As the aviation industry is trying to stay afloat with a reduced workforce and slashed salaries, the Gulf Carriers Emirates and Etihad announced that they would be extending the period of reduced pay for the workforce until September. The move is meant to preserve cash during the global coronavirus pandemic. The pandemic has hit the aviation industry hard, as the travel is canceled and flights were grounded in March. The decision came in the wake of after the airlines took a stock of their cash.
In a direct response to the protests over George Floyd’s death and in the face of criticism the US companies have been facing, Reddit co-founder Alexis Ohanian resigned from the company’s board on Friday. The move that was meant to make way for a black candidate and refuting the fact that the companies across the US are just making empty statements about Black Lives Matter. Reddit’s board that currently comprised of all white people – three men and a woman. Ohanian also pledged his future gains on his Reddit stock to the black community.
According to a survey by Fishbowl – a workplace communications network – it was found most professionals were against the implementation of contact tracing at the workplace. Contact tracing is an attempt to contain the spread of the pandemic by keeping a track of employees’ contact with each other at the workplace. The survey in which about 17,000 professionals contributed found about 75% of employees responded with a negation saying that they would not allow their employers to trace their activity.
In the latest development in the automation industry, the luxury carmaker Bentley would be slashing about 1,000 jobs in the United Kingdome amid the ongoing deadly pandemic. The news as reported by BBC late on Thursday also stated the cuts at the Volkswagen-owned brand that were expected to be announced on 5 June 2020. The statement also stated about carmaker’s likely offer to the workers a chance to take voluntary redundancy.
The latest guidelines shared by the Centers for Disease Control and Prevention (CDC) had clear instructions for the employers to revamp the office workstations and improve the ventilation in the offices before reopening the workplaces for the employees. The guidelines that were released on 27 May 2020 also talked about the changes employers should make on the premises so that there is a distance of six feet between each employee. The guidelines also offered a solution where social distancing was not a viable solution.
According to a letter sent to the partners of Starbucks, it was revealed Starbucks has offered its employees an extended unpaid COVID-19 paid leave through 30 September 2020. The letter dated 26 May 2020, also said the employees could accumulate up to 20 hours per week toward benefits eligibility. The letter further stated partners on leave would keep their existing benefits and Starbucks would continue to pay healthcare premiums in full for staff enrolled in a company plan.
The recent survey carried out by the firm TriNet – the Harris Poll and HR services revealed majority – about 60% – of more than 500 small and midsize business leaders revealed about the reduction in their workforce. The businesses have reduced their workforce in some or other capacity during the pandemic in the guise of layoffs, furloughs, and shorter working hours for employees. Amid all the workforce reductions and shorter working hours, the businesses are optimistic about their businesses emerging out stronger than before or in a similar position.
In an internal announcement made by Amazon, the online retail giant would offer backup daycare to all its US employees. The announcement was made on Tuesday after numerous employees had pushed CEO Jeff Bezos to offer child-care assistance. The backup daycare would be till 2 October 2020 and would include the daycare for the child and adults in the family. The plan would include Amazon’s all 650,000 full-and part-time employees.
According to the recent Prudential Financial survey, it was found a lack of skills tops the concerns of employees returning back to work post the lockdown. The survey revealed about more than a quarter of respondents worry about their lack of skills that would be most in demand when the economy ‘starts back up.’ The results were revealed on 27 May 2020. About half of the 2,050 respondents revealed the pandemic had increased their use of online learning programs and the figures have increased amid remote workers. Individuals have acquired new skills through online learning programs to stay updated and trained during the changing times post COVID-19 era.
In a recent development, Twitter – the social network platform – witnessed some major shuffles in the top management, as Twitter Inc announced Patrick Pichette – the former chief financial officer at Google, as the new chairman. The move marks the first time in the history of the organization where an outsider would be presiding over the group. Pichette had been with the organization since 2018 serving as a lead independent director. He would replace Omid Kordestani in leading the directors in the role of a chairman.
According to the latest survey by LiveCareer dated 28 May 2020, it was found the newly unemployed individuals were clueless about what skills to acquire so as to come back into the jobs’ market. The survey result revealed that unemployed workers were struggling to understand or articulate the skills that would help them to secure a new job. About 58% of the respondents revealed that they lacked confidence in finding new jobs where they could apply their current skills.
In an act of rebellion over Mark Zuckerberg’s refusal to act against US President Donald Trump, Facebook employees staged a virtual walkout to express their dissatisfaction with Zuckerberg on social media. The move was a rare public display of dissent. It was reported disagreement came from all the levels of the company including some senior staff members. The criticism came from all levels of the employees in the company was targeted at the decision of Mark Zuckerberg for inaction against Trump’s post.
The recent blog post by Dalana Brand, the vice president of people experience and head of inclusion and diversity of Twitter, revealed the company’s plans to continue its focus on building a diverse talent pipeline during the coronavirus crisis. The blog post that was published on 27 May 2020 also stated Twitter would be ‘even more deliberate about hiring, development, and promotions.’ According to Brand, Twitter would aim for women to represent half of its workforce by 2025.
The recent development at Delta Air Lines Inc, it was found the airlines and its pilots’ union is working on a plan in order to avoid furloughs of about 2.300 pilots. The move was followed by a reshuffling process to match the staffing numbers for 2021 summer flying. Delta had revealed in May that it had more pilots than required considering that it has reduced its network and fleet due to a sudden drop in demand post-COVID-19 pandemic. However, the airline is working out a plan to avoid involuntary furloughs.
According to the survey results from Fishbowl – a workplace social network – it was revealed about more than half of HR professionals wanted work from home as a permanent experience. The survey had about 17,650 respondents from various industries contribute to it. About 55% of the professionals said they would want to continue to work remotely. The survey was carried out industry-wise and the results displayed that about 68% of tech workers showed the greatest interest in permanently working from home as compared to the teaching staff who would not choose work from home as a permanent solution.
The recent survey results published 21 May 2020, by Peakon revealed a disturbing trend amid employees. About a fifth of employees in the survey informed that employers don’t understand employees’ productivity and workload. Employees revealed that while their physical health and safety have been taken under consideration, there has been no provision for mental health and stress that is on the rise due to coronavirus. Employees revealed that employers are ‘out of touch’ regarding the stress employees feel during the COVID-19 pandemic.
In a recent development at the retail giant Amazon.com Inc, the company has announced its plans to offer permanent jobs to nearly 70% of the US workforce is hired temporarily. The employees who were hired to meet the increasing consumer demand during the global pandemic would be offered permanent roles in the company. The company would start informing its 125,000 warehouse employees in June about the permanency of their roles. The other 50,000 workers that were brought on board later, would stay with the organization on seasonal contracts that last up to 11 months.
French carmaker Renault is all set to announce about 15,000 layoffs globally. According to the CFDT union, the move was announced on Friday, as it unveiled its plan to boost its profitability and cope up with staggering sales. The union also revealed about 4,500 jobs would go in France, however, a large part of the job loss would be through a voluntary departure plan and a retirement scheme. The union also stated that about 10% of Renault’s 180,000 global workforces would be affected by these job cuts. The company has about 48,500 staff members in the country.
The US aviation industry has been hit hard by the global pandemic coronavirus, as the top three US airlines roll out fresh programs to ensure about tens of thousands of employees voluntarily accept leave or early retirement so as to avoid the widespread furloughs in the fall. The details were mentioned in the company memos. According to the internal memos, about 100,000 employees of American Airlines Group Inc, Delta Air Lines Inc, and United Airlines Holdings Inc have accepted the offers for temporary or permanent leaves.
The recent report by the Labor Department’s weekly jobless claims that was released on Thursday revealed disturbing facts about job cuts by US state and local governments. The report stated that the job cuts by both state and local governments have suffered huge financial losses with dwindling budgets as they fought the COVID-19 pandemic and were ready with second-wave layoffs. It also stated that the second-wave layoffs in the private sector would likely to witness more than two million Americans seeking unemployment benefits.
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