Almost 1,400 employees at Google parent Alphabet Inc. have signed a petition calling for better treatment of staff during the layoff process, after the company announced it was cutting 12,000 jobs. In an open letter addressed to Chief Executive Officer Sundar…
Brazilian beauty group Natura &Co, the owner of the Natura, The Body Shop, Aesop and Avon brands, reported “resilient results” in the fourth quarter of 2022, with sales growth in constant currency. Natura &Co posted Q4 consolidated net revenue of…
Reports of massive layoffs disproportionately hitting corporate diversity, equity, and inclusion teams (DEI) and non-white professionals are one the latest setbacks for DEI professionals. Just a few years earlier in 2020, DEI professionals moved to the forefront of corporate hiring…
Silicon Valley VC Keith Rabois of the so-called PayPal Mafia told a banking event earlier this month that Big Tech companies like Meta and Google had hired thousands of people to do “fake work” to hit hiring metrics out of “vanity”—and…
It took about 36 hours from when rumors on Twitter started about Silicon Valley Bank’s troubles to when the bank was ultimately shuttered on Friday. Tech investors used Twitter to warn startups to withdraw their money from SVB, as the…
Easily the biggest disappointment of Tesla’s Investor Day this month came about 40 minutes into the nearly four-hour-long presentation when execs buried all hope that a new entry-model electric car would be revealed. Elon Musk has been touting plans for…
A Kentucky university has agreed to a settlement of more than $14 million over the death of a student wrestler hours after practice, the school announced. The settlement over the death of junior Grant Brace, 20, of Louisville, Tennessee, includes…
Doug Knight’s family has owned Springfield amusement park Knight’s Action Park since 1930, himself for 43 of those years. The pandemic was a bear — Knight fought to keep his doors open, and when they closed for COVID-19, he pushed…
Americans often feel that health insurers don’t care about beneficiaries’ long-term health outcomes. Yet insurers aren’t intrinsically heartless, as folks often allege. Rather, insurers are simply motivated by profits. But so are doctors, hospital administrators, and medical device companies. In…
The recent collapse of Silicon Valley Bank has sent shock waves through the real estate industry as builders and agents alike scramble to understand what it means for mortgage rates and the economy at large. In an article published on…