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Executive Movements

Ubisoft announces staff departures after misconduct allegations

French video games group Ubisoft recently announced several staff departures after conducting a review in response to allegations of misconduct at the company, which earlier reports said centered around sexual misconduct charges. The changes were initiated to improve “workplace culture”, the company said. The group’s Chief Creative Officer, Managing Director of its Canadian studios and […]

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Executive Movements

Adidas HR head Karen Parkin steps down as company addresses diversity issues

The Human Resources head at Adidas, Karen Parkin has recently stepped down from her role after criticism from employees of what they see as the company’s failure to diversify its workforce. Her decision to resign from the office comes after a group of Black employees called for an investigation over her handling of racism at […]

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Corporate Talent Ecosystem

Amazon to pay $500mn in one-time ‘Thank You’ bonus to front-line workers

At a time when layoffs, furloughs, and pay cuts have become a common phenomenon, e-commerce giant Amazon is surely leading the way in job creation and salary benefits for employees. The Jeff Bezos-led company recently said that it would spend $500mn on one-time bonuses to its front-line employees and partners working through the coronavirus crisis. […]

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Insights

“No Place For Hate”, How global organizations have come together to fight racial inequality

The death of an unarmed man of colour in police custody in Minneapolis, U.S last week have sparked a row of protests across the country. The alleged killing of George Floyd by four Minneapolis police officers have once again highlighted the racial inequality in the United States and people have now taken to the streets […]

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Investment News

Jeff Bezos launches $10bn fund to combat climate change

Jeff Bezos who founded Amazon Inc., which has been often criticized for its damage to the environment, has recently committed $10bn to a new fund to tackle climate change. Announcing the news on Instagram, the e-commerce tycoon said that the Bezos Earth Fund would “fund scientists, activists, NGOs — any effort that offers a real […]

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Executive Movements

Google’s HR head to step down amid tensions due to employee activism

Tech giant Google on Monday confirmed that its Head of People Operations or Head of HR Eileen Naughton is stepping down from her position. This comes after Eileen spent years mediating issues between the management and the employees due to the rise in employee activism. She will be stepping down from her position as the […]