Content Catalyst Rebrands Analyst Research Platform, Publish Interactive
CAMBRIDGE, England--(BUSINESS WIRE)--Jul 14, 2023--
2023-07-14 18:18
FedEx says reached tentative deal with pilots of air delivery unit
FedEx Corp has reached a tentative agreement with pilots of its air delivery unit who had voted in
2023-05-31 09:29
Zoom CEO raises eyebrows by saying people need to go back to the office
Zoom CEO Eric Yuan told staff an all-hands meeting earlier this month that he wants employees to return to in-person work because Zoom is making them too “friendly” and unable to build trust. “Over the past several years, we’ve hired so many new ‘Zoomies’ that it’s really hard to build trust,” Mr Yuan says in the audio, which was obtained and first reported by Insider. “We cannot have a great conversation. We cannot debate each other well because everyone tends to be very friendly when you join a Zoom call.” Mr Yuan’s thoughts were accompanied by action: On 3 August, Zoom instituted a new policy requiring employees who live within 50 miles of a physical Zoom office to report to work at least two days per week. The return to the office policy at Zoom is striking considering that it was the Covid-19 pandemic and resulting stay-at-home orders that turned the platform from one few people had ever heard of to a part of everyday life for millions. But Mr Yuan is not alone among senior executives at tech firms. Apple, Meta, and Amazon have all instituted return-to-work policies in recent months, angering employees who have enjoyed the increased flexibility afforded by work-from-home policies. Since Covid-19 vaccines have facilitated the re-opening of the economy, workers and bosses in many sectors have clashed over the importance of in-person work and the ability of companies to exercise control over their employees whereabouts and schedules. Some, like Zoom and a number of other tech companies, have adopted hybrid policies in which workers are required to come into the office on certain days of the week but are allowed to work from home on others. But even those companies have faced backlash from workers, many of whom were hired at a different stage of the pandemic when most or all work at their respective companies was being conducted remotely. Mr Yuan’s comments, which were not meant for public consumption, may provide a measure of insight into how he and other top executives truly feel about Zoom and remote work more broadly — suggesting that it somehow limits innovation by not allowing for the sometimes uncomfortable kinds of interactions that can build trust. Mr Yuan, who was born and raised in China, moved to Silicon Valley during the late 1990s. He founded Zoom more than a decade ago and became a multibillionaire during the pandemic. Read More Maui residents are still reeling from wildfire devastation. Now investors and realtors are trying to cash in
2023-08-25 03:30
Germany Factory Orders Unexpectedly Jump Most in Three Years
German factory orders unexpectedly jumped the most in three years in June, a sign that Europe’s largest economy
2023-08-04 14:46
Coupang Sustains Profit Streak, Sees Logistics Investments Pay Off
Coupang Inc., the online retailer popular in South Korea for early and one-day delivery, posted its fourth straight
2023-08-09 08:49
Column-Lithium slump puts China's spot price under the spotlight: Andy Home
By Andy Home LONDON High-flying lithium has come crashing back to earth. A super-charged two-year rally, which saw
2023-05-19 20:15
EU says Google abused dominant positions in online ads
The European Commission accused Google on Wednesday of abusing its dominance of the online ad market and recommended the US company sell part of its...
2023-06-14 19:51
Biden’s Green Subsidies Are Speeding the UK Car Industry’s Decline
Washington in northeast England likes to boast of its US connections. George Washington’s ancestral home lies at the
2023-05-28 14:59
Wisk Aero, Archer and Boeing reach agreement to settle litigation
Wisk Aero, Archer Aviation, along with Boeing, reached a settlement to resolve the federal and state court litigation
2023-08-11 05:16
What did Ava Misseldine do with a dead baby's ID? Ohio woman gets six years in prison for wire and passport fraud
Ava Misseldine, 50, pled guilty in October 2022 after being charged in June of the same year
2023-08-09 20:47
Judge declines to block Microsoft's record $69 billion deal to buy Activision Blizzard
A federal judge has handed Microsoft a major victory by declining to block its looming $69 billion takeover of video game company Activision Blizzard
2023-07-11 23:24
European Gas Prices Fluctuate Amid Worries About Abnormal Heat
European natural gas prices fluctuated after closing at the lowest level in almost 22 months, with some weather
2023-05-11 18:52
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