How biases influence CEOs throughout their careers

The FINANCIAL -- CEO appointees often have a tailwind of strong performance and are expected to be more rational and objective than others. According to University of Pennsylvania, however, CEOs are equally vulnerable to biases, according to a new research paper titled…

1 min read

General Motors adds 3,000 new tech jobs

The FINANCIAL — Through the first quarter of 2021, General Motors will hire 3,000 new employees across engineering, design and IT to help transform the future of product development and software as a service. GM will offer more remote opportunities than ever before as…

4 mins read

UPS to hire at least 50 000 seasonal employees this Friday

THE FINANCIAL — UPS (NYSE: UPS) announced today that it expects to sign-up at least 50,000 seasonal employees this Friday, October 30, in its annual one-day ‘UPS Brown Friday’ hiring blitz at company locations across the country.  Nearly a month before Black…

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European labour market slack up to 14% in Q2

The FINANCIAL — Throughout the second quarter 2020, the labour market across the European Union (EU) was affected by COVID-19 measures taken by Member States. Employment and unemployment as defined by the International Labour Organisation (ILO) concept are, in this particular situation,…

6 mins read

Promotion in Football

It’s harder to progress at work in prestigious companies, but promotion comes with a greater reward – new research into football reveals why.…

2 mins read

American Airlines plans to cut 19 000 jobs

The FINANCIAL — American Airlines announced that it would shrink its workforce by 40,000, including 19,000 involuntary cuts, on 1 October, as the coronavirus pandemic continues to weigh on air travel. Other airlines such as United, British airways and Lufthansa have warned of…

8 mins read

BA to cut up to 12 000 jobs while Lufthansa plans to axe 22 000

The FINANCIAL — British Airways plans to axe almost 30 per cent of the airline’s workforce. Airline says that the financial impact of Covid-19 is already greater than 9/11, SARS, the ash cloud and the financial crash of 2008/09 combined. Lufthansa also plans reduction of…

6 mins read