According to documents posted on the Securities and Exchange Commission website, Sergey Brin, Alphabet's co-founder and top shareholder, sent to charity 1.07 million shares for a total of $127 million on August 8. Recipients of the share transfers are unknown. According to a source of U.S. Forbes, the millionaire donated them to the Michael J. Fox Foundation and the Sergey Brin Family Foundation,...

Approximately 23% of the personnel at the well-known trading platform Robinhood Markets will be let go as the online broker's business suffered as a result of a dramatic decline in user trading activity. The CEO and co-founder of the online broker, Vlad Tenev, stated on Tuesday, August 2 in a corporate blog that Robinhood will let go of 23 percent of its workforce. The first round of layoffs at...

Ulrich Körner, a specialist in asset management, has been named the new CEO of Credit Suisse. The Swiss bank, which is currently going through another round of management changes, has also announced a significant strategic review in an effort to move past a string of crises. Pressure has been building on the current CEO, Thomas Gottstein, for months because of controversies and losses that...

Due to the potential for a US economic slowdown, Google will reduce hiring for the remainder of the year. The firm advised employees to "work with enhanced speed and greater appetite". Earlier, Tesla, Microsoft, and Snap made recruiting slowdown or cutback announcements. Google anticipates slowing down hiring by year's end in response to a potential slowdown in the economy. Sundar Pichai, the CEO...

Many people still believe that "leadership" and "management" are inherent to certain positions. Research tells us that this is not the case. In the context of a modern organization’s structure, which is more than a century old, this means that leadership is handled by a few people at the top of the hierarchy, and the large group in the middle is responsible for management. In many ways, such...

Google sent out a message to all employees notifying them that they may relocate to a state where abortions are still legal after a U.S. precedent protecting the right to the procedure was overturned at the federal level. Google informed staff on June 24 that anyone wishing to transfer to a state where the procedure is still permitted might do so after the U.S. Supreme Court overturned Roe v....

A report on the conclusions of a significant investigation into sexual assault in the regional mining sector was issued by the State Government of Western Australia. According to the research, which looked at a number of complaints made by female workers at organizations including BHP Group, Rio Tinto, and Fortescue, rampant sexual harassment and instances of sexism were present. Additionally,...

You probably have a project that you keep putting off. Or there's a client you need to call and you've been delaying the call for days. Wait, you were also going to go to the gym more often! How do you get yourself to do what you need to do? Reason 1: You procrastinate because you're afraid it won't work Solution: preventative focus. There are at least two approaches to any task. You can take...

The largest experiment in implementing a four-day workweek has begun in the United Kingdom. According to The Guardian, the 4 Day Week UK program will involve 3,300 employees from 70 organizations. The 4 Day Week program is being held in the United Kingdom thanks to the efforts of New Zealand entrepreneurs Andrew Barnes and Charlotte Lockhart, as well as scientists from Oxford, Cambridge, and...