The company Ralph Lauren Corporation intends to reduce costs by 180-200 million dollars by reducing the number of full-time employees by the summer by 15%, follows from the release of the company and the representative's comment. "Ralph Lauren is announcing plans to downsize its staff by the end of fiscal 2021 (ending May 2021), which will result in cost savings of approximately $ 180-200...

Everyone makes mistakes. The only difference is that successful people learn from mistakes, and losers don't. Ray Dalio, one of the richest people in the world and author of The Principles, is confident that if you create an atmosphere where employees are not afraid to make a mistake and can learn from it, progress will be accelerated, and there will be fewer serious mistakes. Mistakes hurt, but...

The NCD Alliance and Spectrum have released a study on the marketing strategies of alcohol, junk food and tobacco manufacturers during the COVID-19 pandemic. Paying tribute to their contribution to the fight against COVID-19, the study authors point out that such companies are simultaneously releasing products that complicate the course of the disease. The international non-governmental...

JPMorgan Chase bank fired several employees who arranged for themselves and their clients to illegally receive financial aid from the state intended to help the victims of the pandemic under the Economic Injury Disaster Loan (EIDL) program. This was reported by an informed source to Bloomberg. According to the source, suspicious amounts of money were found on the accounts of these employees. The...

During the Peloponnesian Wars, the Athenian general Pericles was preparing to sail, but suddenly darkness covered his 150-ship fleet when a solar eclipse happened. Panic broke out among the crews, but Pericles remained cool. He went up to the pilot, took off his cloak and wrapped the sailor's head. "Do you see this as a sign of misfortune or misfortune?" - the commander asked. The helmsman...

Chief executive of the popular video service TikTok, Kevin Mayer, is stepping down after President Donald Trump threatened to block the app in the country, the Financial Times reported, citing an internal document. "Kevin Mayer is leaving TikTok just a few months after he became CEO," the newspaper quoted the letter to employees. Mayer has been the CEO of the company since May 2020. According...

The World Bank estimates that up to 24% of jobs globally could be performed from home, with the largest proportion of employees going to work remotely in wealthy countries with high GDP per capita. The maximum potential for their transfer is in the Luxembourg labor market, the minimum is in Ethiopia. Calculations that take into account the presence of a physical connection to the network reduce...

On Monday, August 10, McDonald’s filed a lawsuit with a US court against the company’s former CEO Stephen Easterbrook, the corporation said in documents filed with the US Securities and Exchange Commission. McDonald’s accuses Mr. Easterbrook of hiding the fact that he had sexual relations with three employees. The implied incident occurred during an internal investigation prior to his departure...

You have already reached a certain point, but the next step is so far away that you cannot even think about how to get there on your own? A breakthrough is needed. And for such a dramatic increase in the result, it will be useful to receive help and invest. Let's take a look at each of these components separately. Get help This is nothing new, because really the first thing you need to make a...