Zhang Yiming, co-founder of TikTok parent ByteDance, rises to China's richest person even as country's economy sputters
TECHNOLOGY POWERING BUSINESS
News Incomes
Nadella’s Microsoft Pay Jumps 63 Percent In Spite Of Incentive Cut
Microsoft chief Satya Nadella sees pay soar 63 percent for latest financial year, even though he requested cut to cash incentive
Samsung Warns Striking Workers In India Of No Pay, Possible Termination
Industrial dispute of Samsung workers in India escalates, as tech giant warns of no pay and potential terminations
Amazon Workers In Coventry Fail To Form Union
Amazon workers in Coventry lose union recognition ballot by just a handful of votes, amid allegations from the GMB
Samsung Workers To Extend Action To Strike ‘Indefinitely’
Worker unrest in South Korea, as unionised workers at Samsung Electronics declare an indefinite strike at tech giant
Salesforce Shareholders Reject CEO Marc Benioff’s Compensation Plan
Compensation packages for Salesforce's top executives are rejected by shareholders and investors, despite backing from the board
Elon Musk Wins Shareholder Vote On Pay, Texas Incorporation
Shareholders at Tesla vote to reinstate Elon Musk's 'ridiculous' $56bn pay package, and approve incorporation in Texas
Tesla Investor Slams Elon Musk’s $56bn Pay Deal, Amid Another Lawsuit
Head of one of the largest pension funds in US to vote against Elon Musk's ‘ridiculous’ pay package, as another Tesla investor files lawsuit
Staff At Samsung Stage First Ever Walk Out
Trade union at Samsung Electronics in South Korea said many workers have staged a first ever strike on Friday
Amazon’s First Trade Union Seeks Association With Largest US Union
The Amazon Labor Union has moved to affiliation with the Teamsters union - one of the largest unions in America
Proxy Advisory Firm Advises Against Musk Tesla Pay Deal
Proxy advisory firm Glass Lewis advises shareholders to vote against record-breaking Musk pay package at Tesla
Productivity Increases in Sectors Exposed To AI, PwC Finds
Sectors more exposed to AI are experiencing almost fivefold greater labour productivity growth, new report states
Apple Store Workers Vote To Strike Over Contract Talks Delay
Workers at unionised Apple store in Maryland vote to authorise first ever strike, after delays in bargaining for contracts
New Jersey Apple Store Workers Vote Against Unionisation
Workers at New Jersey Apple Store vote against joining union as post-pandemic labour drive at tech giant falters
Apple Staff At New Jersey Store Seek To Unionise
Union push. Workers at another Apple Store in the United States have reportedly filed for trade union representation
Elon Musk $56 Billion Tesla Pay Package Vetoed By Judge
Judge rules against the $56 billion pay package for Elon Musk, after siding with legal challenge by Tesla investor
IMF: AI Could Impact 40 Percent Of Jobs Worldwide
Ahead of World Economic Forum in Davos IMF predicts 40 percent of jobs worldwide affected by AI, rising to 60 percent in advanced countries
Businesses Turn To Remote Workers To Obtain Skills, Expereo Finds
New research from Expereo finds one third of global enterprises hire people they have never met, due to skills shortage
Amazon UK Warehouse Staff To Walk Out Next Month
Amazon to increase base pay for its UK workers and is to hire 15,000 seasonal workers, but trade union says staff will walk out next month
Foxconn To Double Jobs, Investment In India In Next 12 Months
Bad news for Beijing? Executive confirms Foxconn is to double its workforce and investment in India by next year
AI Growth Prompts Job Takeover Fears, Corndel Finds
Younger employees in particular fear their jobs are at risk due to the rise of artificial intelligence (AI), Corndel finds
Quarter Of IT Professionals Consider Quitting, Ivanti Finds
New research by Ivanti paints bleak picture, with a quarter of IT professionals considering quitting their job within six months
Amazon To Penalise Staff Excessively Working From Home
Staff at Amazon who work from home too often are being tracked and will be penalised, e-commerce giant warns
Twitter Owes Former Staff $500m, Lawsuit Claims
Lawsuit from Twitter's head of employee benefits alleges Elon Musk platform owes sacked staff $500m in severance payments
Google To Crack Down On Office Attendance
Tech giant Google asks full remote workers to reconsider, amid crackdown on those not adhering to hybrid work schedule
AI To Fundamentally Change Recruitment Process
Research from Totaljobs suggests AI will fundamentally change the workplace as well as the recruitment process
Meta Workers Told To Return To Office Three Days A Week – Report
Facebook parent organisation Meta requires staffers to return to the office three days a week, starting in September
Twitter Sued By Janitors, As Musk Meets Chinese Officials
As Elon Musk jets into China to meet government officials, Twitter is sued by fired cleaning staff at its offices in New York
Meta Starts Axing Nearly 20 Percent Of Irish Workforce
Nearly 500 jobs are being axed at Meta's international headquarters in Ireland, in its third and final round of layoffs
Hybrid Working Key Factor For Most Tech Workers
Techspace report finds that three quarters of tech workers consider hybrid working a key factor when choosing future employer