Industry News – General developments across sectors
The latest WTW Global Supply Chain Risk Survey reveals that a staggering 63% of organisations are still facing significant supply chain losses, even with improved risk management strategies. The research indicates a notable shift in risk priorities as concerns over geopolitical instability and cybersecurity threats have risen sharply. The pandemic-related worries have taken a back […]
Jamie Dimon, the CEO of JPMorgan, is having none of the remote work trend that’s taken hold among Gen Z. He insists that young workers can’t truly learn or grow working from home, urging them to get back to the office for their own professional development. Source: Fortune Key Points Dimon states that in-person work […]
Workhuman’s inclusion director, Kamille Washington, discusses the evolving landscape of diversity, equity, and inclusion (DEI) in her recent interview with HR Dive. She emphasises the need for rigorous measurement and meaningful implementation beyond just surface-level initiatives. Despite political challenges, the core principles of DEI work remain steadfast. Source: HR Dive Key Points DEI work is […]
The Employment Rights Bill took centre stage at the recent Acas conference, where Minister Justin Madders highlighted the government’s efforts to tackle the growing backlog of employment tribunal cases. With a commitment to appoint more judges and legal workers, Madders underlined the urgency and necessity of these reforms in current times. Source: Personnel Today Key […]
Kevin O’Leary, known for his blunt opinions on financial matters, has raised serious concerns about the latest Republican tax proposal touted by Trump. He believes it adds burdensome provisions that could negatively affect small businesses and characterises the bill as “big” but also “ugly.” O’Leary is particularly worried about the newfound powers given to the […]
Gentoo Media has recently enhanced its senior management team by promoting Micha Leth Hellerøe to Chief People Officer and Dijana Radunovic to Senior Director of Sales. These appointments follow a significant downsizing within the company and a reported 11% decline in revenue compared to the previous year, largely due to regulatory shifts in Brazil. CEO […]
Summary Enterprise technology spending in the U.S. has seen an average annual growth of 8% since 2022. However, this growth is juxtaposed with a frustratingly stagnant labour productivity rate of around 2%. The relationship between IT spending and productivity varies by sector—some industries, like communications and media, are thriving, while others, such as retail, are […]
In this insightful piece, Illia Smoliienko discusses how the Industrial Internet of Things (IIoT) and big data are reshaping equipment maintenance. The article illustrates the transition from reactive and preventive maintenance strategies to predictive maintenance, enhancing efficiency and minimising downtime. Key stats highlight the vast amounts of money lost to equipment failures, making the case […]
Uber has just tightened its eligibility requirements for paid sabbaticals from five to eight years, signalling a worrying trend for employee flexibility amidst a broader crackdown by employers. This decision, articulated by CEO Dara Khosrowshahi, may set a precedent as other companies consider similar stringent measures. Source: Article URL Key Points Uber increased the requirement […]
Flutter has made headlines with its recent acquisition of a 56% stake in Brazilian operator NSX Group for $350 million. This strategic move not only deepens its foothold in Brazil’s burgeoning market but is also projected to bring about $220 million in additional revenue, despite an estimated EBITDA loss of $70 million in 2025. Source: […]
