Abercrombie & Fitch confirmed it would end on-call scheduling to its employees on September in response to New York Attorney General Eric Schneiderman's letter regarding the 'illegal' irregular work shift.
Firm Management
Apple charts new programs to help students from minority groups learn to code; diverstiy figures up
Apple hired over 11,000 women across its global operations during the past one year and this is 65% higher when compared with the previous year. In the US, Apple reportedly hired over 2,200 Black employees, a 50% rise compared to the previous year; and 2,700 Hispanic employees, representing a 66% increase.
Chris Payne out as Tinder CEO after only five months; Sean Rad is taking back the position
Christopher Payne is out on Tinder as the CEO after handling it for five months. Tinder co-founder Sean Rad will regain his position. All at once, Greg Blatt is appointed as Tinder Executive Chairman.
Kraft Heinz terminates 2,500 jobs in the U.S. and Canada to save costs
Kraft Heinz is cutting 2,500 jobs in the U.S. and Canada, including 700 of its workforce in Northfield, Illinois in order to cut expenses.
Adobe joins tech industry move to offer better parental leave benefits
Adobe Systems Inc. announced on Monday that they are making changes with their parental leave policies similar to other tech companies that made a similar move earlier.
Latest News
McDonald's is reinventing its dining service in one of its restaurants in England and other areas of America. They're providing tablets and kiosk for taking orders, and the meal will be served to customers' table.
Chipmaker giant announced that they will offer double their regular referral bonus to employees who will refer people of color, veterans, and women to their company. The move is said to be alongside Intel's goal to achieve more diversity in the company.
Internet television startup service Pluto TV has announced that Ken Parks, former content chief of the streaming music service Spotify, is joining the company as executive chairman in October of this year.
Apple is working out with multiple bus contractors to offer drivers better working conditions- primarily a pay hike of 25% for bus drivers, premium pay for coach and shuttle drivers who work split shifts, and improvement in driver's lounging facilities.
Recently, a tweet from Samsung U.K confirmed that theSamsung Galaxy Note 3 Neo users in UK will receive an update to Android 5.0 Lollipop. The update is expected to have substantial performance improvements.
Gravity Payments and CEO Dan Price made the headlines over three months ago after an announcement was released within the company, stating that the minimum wage for its 120-member staff will be raised to a staggering $70,000 within a three-year period. Not only the company staff but the whole world took notice and cited the move as humane and revolutionary.
Nestle India Ltd will focus on growing its dairy, coffee and confectionary businesses, its new boss said, as the company battles to bring back its popular Maggi noodles that were pulled from shelves over safety concerns.
Barclays Plc (BARC.L) is cutting about 150 staff from its investment bank as part of the British bank's attempt to cut costs and improve profitability in the business, a person familiar with the matter said.
Crowdsourced business review site Yelp took a double whammy as its chairman filed his resignation after the company's stock plunged 28 per cent for the second quarter of 2015.
