By Clint Rainey January 25, 2023 Activist short-seller Hindenburg Research on Wednesday accused Asia’s richest person, Gautam Adani, of perpetrating “brazen market manipulation” and decades of fraud to help his family amass their fortune. Late Tuesday, the investment firm run by forensic financial researcher Nate Anderson tweeted that the report’s findings reveal “what we strongly suspect … Continue reading Hindenburg strikes again: Billions erased as Adani Group is accused of ‘historic’ corporate fraud
Category Archives: Employee Strikes
Disney Strikes Outcome Measurement Deal With EDO
Disney Strikes Outcome Measurement Deal With EDO by Wayne Friedman , January 25, 2023 As part of its Tech & Data Showcase event on Wednesday, Disney Advertising announced a measurement deal with EDO to offer engagement/outcome metrics for all its streaming platforms — starting with Hulu. This is an expansion of an EDO deal, says … Continue reading Disney Strikes Outcome Measurement Deal With EDO
How the Supreme Court could severely limit workers’ right to strike
By Kristin Toussaint January 11, 2023 Since the passage of the National Labor Relations Act (NLRA) in 1935, workers in the United States have had the protected right to strike and to organize unions—and that protection has been a powerful tool. But a case the Supreme Court heard on Tuesday could upend that right, allowing … Continue reading How the Supreme Court could severely limit workers’ right to strike
Thousands of NYC nurses are on strike: Here’s why
By Sam Becker January 09, 2023 Roughly 7,000 nurses in New York City have hit the picket lines, demanding better working conditions, staffing policies, and higher salaries. Nurses want higher pay increases to counter the past year’s inflation, and are asking hospitals to hire more nurses and healthcare workers to shore up ranks that … Continue reading Thousands of NYC nurses are on strike: Here’s why
Why so many companies keep messing up major layoffs
By Pavithra Mohan November 16, 2022 Even during a season of brutal layoffs, Elon Musk’s decision to unceremoniously fire half of Twitter’s workforce has been notable for its sheer audacity. In a company-wide missive announcing the layoffs on November 3—signed “Twitter”—employees were told they would be informed of their job status within the next day. … Continue reading Why so many companies keep messing up major layoffs
November is shaping up to be the worst month of the year for tech layoffs
By Chris Morris November 15, 2022 Just halfway through November, it’s on track to be the worst month for tech layoffs in an already terrible year. And barring a miracle, the fourth quarter will be the worst since the start of the pandemic. Year to date, some 121,413 people at 789 different tech companies … Continue reading November is shaping up to be the worst month of the year for tech layoffs
Intense heat is responsible for 170,000 work-related injuries each year. Do employers care?
By Audrey Carleton—Nexus Media News November 11, 2022 This article originally appeared in Nexus Media News and was made possible by a grant from the Open Society Foundations. Extreme heat—a phenomenon that is increasing in severity and frequency as the planet warms—is the deadliest weather-related disaster, killing more than 5,600 people each year, … Continue reading Intense heat is responsible for 170,000 work-related injuries each year. Do employers care?
Tech layoffs latest: Twitter, Lyft, Stripe, and others join the list of companies cutting jobs
By Michael Grothaus November 04, 2022 The nonstop drama that’s been going on at Twitter all week is ending on a very real, very sour note. Today, Elon Musk’s company began sending layoff notices to roughly 50% of Twitter staff. As Bloomberg reports, at 7,500 employees (November 26, 2022), that means Musk is set … Continue reading Tech layoffs latest: Twitter, Lyft, Stripe, and others join the list of companies cutting jobs
Elon Musk reportedly wants to lay off most of Twitter’s employees
Elon Musk reportedly wants to lay off most of Twitter’s employees The site could see more than 5,000 employees put out on the street. A. Tarantola @terrortola NurPhoto via Getty Images Twitter is gearing up for layoffs no matter whether Elon Musk purchases the company, which could happen as soon as this Friday, according … Continue reading Elon Musk reportedly wants to lay off most of Twitter’s employees
Planned Parenthood accused of race discrimination and retaliation in lawsuit by former employee
By Sam Becker October 19, 2022 A former Planned Parenthood official is suing the organization, saying that she was fired for making complaints about workplace discrimination related to her race, according to a 51-page brief filed in the U.S. District Court for the Southern District of New York on Wednesday. … Continue reading Planned Parenthood accused of race discrimination and retaliation in lawsuit by former employee