The effects of global pandemic are visible not only on travel industry but also on the theme parks. The forced prolong closures at Disney’s California-based theme parks and limited attendance at the parks that were open to the public has made the company to take some tough decisions. The decision included laying off 28,000 employees across its various parks, experiences, and consumer products division. While Disney had been able to open its theme parks in Florida, Paris, Shanghai, Japan, and Hong Kong, California-based theme parks have remained shut throughout the lockdown.
According to a recent survey conducted by McKinsey, it was found that about 83% of employers responded that their organizations will recruit more individuals for health and safety roles as offices reopen. The jobs will also include roles in ‘on-site distancing/sanitizing’ and ‘workforce safety and health,’ The survey report was released on 23 Sept, 2020. The report also concluded that while remote work is here to stay it will not be for everyone or for every work day.
According to a US Department of Labor administrative law judge passed the statement that Oracle did not engage in any intentional compensation discrimination. The ruling came out on 22 Sept, 2020 thus ending a lawsuit that was first filed in 2017. Oracle was sued by the US Department of Labor’s Office of Federal Contract Compliance Programs (OFCCP). OFCCP had alleged that the federal contractor engaged in discriminatory pay practices that had costed black, Asian, and female employees about $400 million in lost wages over a roughly four-year period.
The recent controversy surrounding Nikola founder Trevor Milton revealed sexual assault allegations. According to the lawsuits filed by two different women accused the 38-year-old billionaire of sexual abuse when they were both 15-years old. The accusations, which stretched more than 15 years ago, came in the wake of Milton’s resignation as executive chairman of Nikola on 21 Sept, 2020 post short seller Hindenburg Research released a damning report that had detailed fraud allegations.
In an internal memorandum shared by the bank with the staff, it was revealed that JPMorgan Chase & Co has informed its thousands of workers across the consumer unit that they could work from home until next year. According to the announcement, the directives will be applicable to most of JPMorgan’s US-based employees in the consumer unit and will exclude branch workers and some in operations.
In a recent announcement by McDonald’s, it revealed its plans to improve equity in skills training for youth and in order to do so it is planning to expand its Passport to Success (PTS) Explorer digital curriculum and make it reach up to 100,000 through non-profits, community organizations and post-secondary institutions which support diverse communities. The announcement was made on 21 Sept, 2020. The curriculum has been prepared in partnership with the International Youth Foundation and will teach communication skills, self-awareness, and management skills in addition to guidance on building healthy relationships and conflict management.
According to the recent announcement made on 21 Sept, 2020 it was revealed that a new initiative was launched by a group of economists, academics, and business leaders that was led by the US Chamber of Commerce Foundation. The initiative will seek to create new methods of financing for training, which will prepare employees to meet current and future skills gaps.
In a recent development related to sexual misconduct lawsuit, Alphabet – the parent company of Google – had reached a settlement with shareholders in a lawsuit. The lawsuit alleged sexual misconduct mishandling and cover-up by executives that included former chief legal officer David Drummond. The company also announced that it will eradicate mandatory arbitration and also limit Google’s use of non-disclosure agreements. The company will also prohibit Google from ‘offering severance to any employee, including a senior executive, terminated for sexual harassment, sexual misconduct, or retaliation.’
In a recent announcement made by the Virginia Ready Initiative (VA Ready) to help retrain unemployed Virginia residents for ‘high-demand jobs,’ the initiative has partnered with Bank of America. With the partnership, the candidates post achieving credentials at one of the Virginia Community College System’s 23 colleges will be granted opportunities to interview with VA Ready’s partners including Bank of America. The program will be aligned with the rising demand jobs in fields like tech, healthcare, and manufacturing.
In a recent development related to family and medical leave, California Governor Gavin Newsom had signed SB-1383 into law on 17, Sept, 2020 – a move that allowed a significant expansion of employee entitlement to family and medical leave. According to the Newsom’s office it was estimated that about six million additional workers in the state would have access to job-protected leave. According to the law, the employers with five or more employees should grant up to 12 weeks of unpaid, job-protected leave during any 12-month period. The law will become effective from 1, Jan, 2021.
In an internal announcement made by Google it was announced that Google will match student loans up to $2,500 annually as a new company will benefit for full-time employees starting from 2021. The move came amid a ‘student loan debt crisis.’ According to the organization’s benefits head John Casey, they will tap Black employee resource groups for the initiative. Casey added that the burden of student loans weigh heavily of the student loans weighs disproportionately on communities of color and women.
According to the announcement made by Randstad US – the staffing and consulting firm – it was revealed that as the busy season is on the horizon for various companies, the firm will be hiring more than 14,000 seasonal jobs across the country. The firm also announced that there will be virtual career fairs in coordination with the local Randstad nationwide starting from 21 Sept to 25 Sept, 2020.
According to a recent survey by Willis Towers Watson, it was found that fewer than half of employers revealed that their programs and policies were effective in meeting the needs of working parents. The firm announced on 17 Sept, 2020. The survey also reported that despite about 74% of respondents admitting that working parents needed their support, turnover has become an issue. The report revealed that one in four respondents reported that talent left due to increased caregiving responsibilities.
In a recent survey carried out by Google internally for its staff members, it was revealed that most of the Google employees wanted to return to the office at some point in the future, though not every day. The survey was titled as employees’ desires for post-pandemic work. The organization revealed that it was planning ‘hybrid’ models for future work and that will include rearranging the offices.
A Georgia-based insurance company – Risk & Insurance Consultants Inc. – was in the news, as it had failed to pay an employee when he was asked to self-quarantine due to coronavirus concerns. The company has finally agreed to pay $1599 in back wages to the employee who was denied the paid sick leave under the Families First Coronavirus Response Act (FFCRA), the US Department of Labor’s Wage and Hour Division reported on 15 Sept, 2020.
According to the statement by the Association for Talent Development, it was revealed that most organizations informed that their managers received training on at least some coaching skills. However, about 60% of the respondents said that the top barrier to effective coaching was ‘not holding managers accountable for it.’ The survey also revealed that about 90% of organizations expected managers to coach direct reports, while about 75% of employers expected this from all their managers.
In an internal announcement made by the luxury apparel maker Ralph Lauren, it was announced that the company will cut about 15% of its global workforce by the end of its fiscal year. The move was announced on Tuesday to facilitate company-wide restructuring to lower costs and beef up its online business. The company had about 24,900 employees around March end and based on that data, the plan can impact more than 3,700 jobs.
In the latest development related to commuting during the reopening of businesses, Uber has launched a suite of rideshare products that have been designed to help employers plan commutes and other transportation needs as they plan a reopening during the COVID-19 pandemic. Uber for Business will pilot two products – Employee Group Rides and Business Charter and will launch the programs in North America, Europe, and the Asia-Pacific region.
In a recent announcement made by the US Department of Labor, it was stated that the agency will promote COVID-19 paid sick and family leave in a series of television, radio, and social media public service announcements. The announcement was made on 14th Sept, 2020. The agency also stated that the announcement will be made in English and Spanish to create more awareness and inform workers and employers of their rights under the Families First Coronavirus Relief Act (FFCRA). With this plug-in DOL aims to encourage individuals with questions or concerns to contact the department.
In a recent development related to government aid Republican senators introduced a bill, which will give the ailing airline industry additional $28 billion aid, as they prepare for more than 30,000 job cuts as early as next month. The airline industry had suffered massively amid coronavirus pandemic, have racked up losses in billions with no significant rebound in travel demand coming anytime soon. Earlier, Congress approved bill had protected jobs till 30th Sept, 2020. The new bill will protect the jobs till the end of March next year.
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