Industry News – General developments across sectors
FedEx is gearing up for a significant change with plans to separate FedEx Freight into a fully independent, publicly traded entity by June 2026. This decision follows a strategic assessment of FedEx Freight’s role within the company. Key leadership will be assumed by John A. Smith as president and CEO and R. Brad Martin as […]
The U.S. Department of Justice (DOJ) has launched an investigation following remarks made by Chicago Mayor Brandon Johnson, in which he highlighted the number of Black workers in key roles within his administration. The probe questions whether the city may have made hiring decisions based on race, potentially breaching Title VII of the Civil Rights […]
Paycom Software, Inc. has announced its upcoming presentation at the Baird Global Consumer, Technology & Services Conference in New York City. This event is scheduled for June 3, 2025, and will feature Paycom’s insights into the human capital management sector, particularly around their innovative cloud-based solutions. Source: Morevover Key Points Paycom will present at the […]
Summary Amanda Scales, known for her role in assisting Elon Musk’s efforts with DOGE, has made her way back to xAI. Previously serving as an HR executive at xAI, Scales returns to the talent acquisition team after her stint at the U.S. Office of Personnel Management, where she worked on the Department of Government Efficiency […]
One of the prominent figures in New York’s tech scene is making a move! Jennifer Lorenz, the Deputy CIO for the New York Office of Information Technology Services (ITS), has announced her decision to leave the agency this summer. Her departure is on her own terms as she seeks new adventures and opportunities. Source: Article […]
If sub-Saharan Africa is the gambling industry’s next gold rush, then Nigeria and Kenya are its El Dorado. Or so the story goes. Multinational operators, dazzled by demographic potential and smartphone proliferation, are rushing into these jurisdictions with the same blind optimism that fuelled earlier expansions into Latin America and Southeast Asia. But in Nigeria […]
Taco John’s, a prominent player in the fast-food Mexican scene, is shaking things up with some important changes in its leadership team. Alongside promoting from within, new talent is being welcomed to elevate the brand further. Key Points Kristin Nuss is promoted to General Counsel and Corporate Secretary, bringing over 25 years of legal experience. […]
Steve Cohen’s hedge fund, Point72, is gearing up for some serious talent acquisitions by hiring Jennifer Cohen, the former head of HR at Schonfeld Strategic Advisors, as their new Chief Human Resources Officer. This move signals a broader trend in the hedge fund sector where firms are competing not just for investment talent but also […]
The trend of employers moving away from remote work is raising eyebrows among experts. Recent surveys indicate that fewer HR professionals consider flexible work as part of their talent acquisition strategies, with significant shifts in return-to-office policies causing concern about long-term repercussions. Key Points Only 48% of HR professionals reported that remote or hybrid work […]
Summary Mark Jenkins, Chief Service Officer at MHR, argues that technology and innovation should involve every employee, not just IT teams. Traditionally, tech has been siloed within IT departments, which can stifle innovation and slow progress. Nearly 20% of employees feel a lack of innovation is hindering organisational performance, highlighting the need for a more […]
