Management & Strategy

Commodities trader Gunvor Group has announced it will change its name to Centalion Group and move its legal registration from Cyprus to Singapore.

Howard Buffett, son of Warren Buffett, has been appointed chairman of the board of directors for Berkshire Hathaway, as announced by the investment company.

The Volkswagen Board of Directors has sanctioned a restructuring initiative that involves eliminating as many as 50,000 positions and halting vehicle manufacturing at four facilities in Germany, according to the…

Billionaire Bill Ackman and his spouse, Neri Oxman, plan to give 10 million shares of the hedge fund Pershing Square to support the brain research center he established in New…

Porsche Automobil Holding (Porsche SE), the holding company overseen by the Porsche family and owning 53% of the voting shares in the Volkswagen Group (VW), has insisted that the automaker…

Intel Corp., a top manufacturer of computer components globally, is reportedly planning another wave of layoffs, according to CNBC, referencing a company representative.

The UK Treasury is developing a "skills compact" that will mandate the top banks in the country to reskill their workforce to handle the "artificial intelligence revolution."

Heineken has named Rafael Oliveira, the CEO of coffee firm JDE Peet's, as its first-ever CEO, according to the Financial Times.

The BBC has announced that it will eliminate 550 positions.

Disney is planning major job cuts, which will be among the first important actions taken by the new CEO, Josh D'Amaro, according to a report by The Wall Street Journal…

British luxury carmaker Bentley, which is part of the Volkswagen Group, is reducing its workforce to cope with "turbulent times" resulting from updated predictions about the demand for electric vehicles.

Toyota Motor, the world's largest automobile manufacturer, will replace its Chief Executive Officer starting on April 1. According to the company press release, Kenta Kon, who is currently leading the…

American Pinterest Inc., which operates the widely used online visual bookmarking platform, has announced its intention to reduce office space and cut staff by less than 15%, according to a…

In 2025, leading U.S. banks plan to reduce their workforce by a total of 10,600, which is the highest number of job cuts in nine years.

Meta Platforms plans to cut jobs for more than 1,000 workers in its Reality Labs team, which makes virtual reality products, reports Bloomberg referring to the company’s internal memo.

Members of Tesla's board of directors have received over $3 billion in earnings from stock options, according to a report by Reuters, which references an analysis by Equilar.

In 2025, the Italian oil and gas company Eni distributed more than 3 million shares to over 26,000 employees through its Employee Stock Ownership Plan (ESOP). The initiative was also…

JPMorgan Chase & Co. has announced its plans to construct a new headquarters in London for as many as 12,000 employees.

Siddhant Awasthi, who was in charge of developing and producing the Cybertruck electric pickup at Tesla, is leaving the company, as mentioned in a LinkedIn post.

Tesla's chief executive, Elon Musk, might step down from his position if shareholders do not approve a new compensation plan. According to Robyn Denholm, the company's chairperson, the proposed plan…

French billionaire Bernard Arnault bought shares worth about €1.4 billion in the luxury goods company LVMH over eight months ending mid-September, as reported by the Euronext Paris website.

Porsche announced that former McLaren Automotive CEO Michael Leiters could become the new CEO of the German luxury car brand.

The Bank of England has sanctioned new regulations regarding bonus payouts for senior executives at UK banks, enhancing flexibility, the regulator declared.

The Verizon Communications Board of Directors has named Dan Schulman, the former CEO of PayPal Holdings Inc., as its new Chief Executive Officer.

Asian online fashion retailer Shein is set to launch its initial physical stores in France in November through a partnership with department store operator Societe des Grands Magasins (SGM), according…

Deutsche Lufthansa intends to reduce around 4,000 positions by 2030 as part of a strategy focused on enhancing operational efficiency, which includes the use of artificial intelligence technologies.

Nintendo Co., the Japanese console and video game manufacturer, has named Devon Pritchard, its executive vice president of revenue, marketing, and customer experience, as the president of its U.S. division,…

Nassef Sawiris, Egypt's wealthiest individual, intends to allocate as much as $50 billion toward infrastructure initiatives in the United States, as reported by the Financial Times.

According to the audit and consulting firm, PwC's UK workforce decreased to around 33,700 from 36,000 during July 2024 to June 2025.

According to the Bank of England, UK businesses are reducing positions at the quickest rate since 2021 and providing the bleakest employment outlooks since the pandemic began.

Australian miner Rio Tinto is restructuring its operations and dividing them into three segments, the company announced in a statement.

BP plc is set to undertake a new assessment of its operations and expenses, aiming to reduce its office workforce by at least 15%, according to the Financial Times.

According to a source cited by The Information, the American firm OpenAI, known for developing the ChatGPT chatbot, saw its revenue increase to $12 billion year-on-year in the first seven…

Automobile manufacturer Jaguar Land Rover (JLR) intends to reduce up to 500 management roles in the UK due to the adverse effects of import taxes implemented by the US, as…

British Diageo Plc, the largest alcoholic drink company globally, revealed the resignation of its CEO Debra Crew. The company’s press release states that the search for a new CEO has…

In the face of mounting environmental challenges, access to clean, reliable water is no longer just a humanitarian goal, but a fundamental issue of geopolitical stability, health, and economic resilience.…

During the yearly meeting of the Japanese car manufacturer Nissan Motor, shareholders strongly criticized the management for unsatisfactory results.

Chris Turner, who is presently the chief financial officer of the company, will take on the role of the new CEO for Yum! Brands Inc. on October 1.

George Kurtz, the CEO of US cybersecurity company CrowdStrike, has donated over $1bn in shares of his firm, as indicated by filings available on the US Securities and Exchange Commission…

Berkshire Hathaway Inc, the investment firm of American billionaire Warren Buffett, reduced its operating profit in the first quarter of 2025 by 14 percent, while its net income decreased by…

U.S. semiconductor manufacturer Intel Corp. intends to reduce its workforce by over 20%, a source told Bloomberg. He mentioned that the company may reveal the layoffs as soon as this…

British Steel, the UK steel producer, has halted plans to dismiss as many as 2,700 workers due to a shift in management, according to the Financial Times.

According to Forbes, the net worth of US President Donald Trump doubled in 2024, increasing from $2.3 billion to $5.1 billion. As stated in the report, his successful investment in…

British Steel company may close two plants in the town of Scunthorpe in June this year, which could lead to the dismissal of more than 2 thousand employees, writes the…

According to the annual 2025 report “Brand Finance Banking 500”, four Chinese representatives continue to lead in brand value among global banks.

Intel Corp. disclosed selection of Lip-Bu Tan as the new chief executive officer of the company.

KPMG management is advocating for the consolidation of numerous national member firms within its global network, believing it will foster business growth and reduce the likelihood of audit scandals, reports…

The German car manufacturer Mercedes-Benz has come to an agreement with the employee works council.

Blue Origin, founded by Jeff Bezos, has informed its staff about significant job cuts. As reported by Bloomberg, referencing its internal sources, the workforce will decrease by 10%. Consequently, roughly…

The US-based company Dropbox Inc, known for the cloud storage service of the same name, intends to reduce its workforce by roughly 20%.