Management & Strategy

Rupert Stadler, a former top management of Audi (a division of the Volkswagen Group), pleaded guilty in exchange for a suspended sentence in the "Dieselgate" case, where the automaker underreported…

LVMH conglomerate, owner of the Louis Vuitton and Dior brands, became the first European business with a market value greater than $500 billion.

According to a government source who spoke to NDTV, Apple intends to increase the number of contract manufacturers it employs in India by about 200,000 in the near future.

ExxonMobil CEO Darren Woods received $36 million in total compensation last year.

Dan Hart, the CEO of the satellite launch company Virgin Orbit, informed staff members at a general meeting on March 30 that the company would stop operations "for the foreseeable…

According to a statement from the company’s CEO Andy Jassy posted on Amazon's website, the online retailer plans to lay off 9,000 workers. The layoffs will primarily affect the cloud…

Moody's analysts found that eliminating the gender pay disparity could add $7 trillion to global economic growth.

Elon Musk, the founder of Tesla and SpaceX, once again topped the list of the world's wealthiest individuals, according to Bloomberg’s $ 187.1 billion estimate of his wealth.

As part of a recent strategy shift, Wells Fargo & Co. laid off hundreds of mortgage bankers this week. CNBC reported on this on Wednesday, citing informed sources.

Due to a steep decline in the value of the company's stock, salaries at online retailer Amazon will fall 15 to 50% short of expectations in 2023, according to sources…

Elon Musk declared on Wednesday at the World Government Summit in Dubai that he hopes to choose a new CEO of Twitter by the end of the year.

The Taiwan-based shipping firm Evergreen Marine gave its staff an annual incentive equivalent to 50 monthly salaries. Evergreen tripled its 2020 level and increased its gross sales to $20.7 billion…

According to Forbes USA, the wealthiest crypto-entrepreneurs have collectively lost nearly $116 billion since March. 15 of the 17 wealthiest people have lost more than half of their wealth, and…

In the final months before to Robert Iger's appointment as the new CEO of the corporation, Walt Disney collaborated with the consulting firm McKinsey & Co. The experts suggested consolidating…

Kraken is the third-largest cryptocurrency exchange in the world by trading volume. It will let go of almost 30% of its workforce. The company blamed the upcoming layoffs on the…

Due to a broad downturn in the stock market and a slowdown in economic activity, some significant U.S. corporations have altered the method they award top management bonuses in order…

The Wall Street Journal reports that BJ Kang, a former FBI special agent, has been hired by Binance, the largest cryptocurrency exchange in the world, to lead the department in…

Meta has started to lay off employees by restructuring departments and giving some a short window of time to seek for other employment. Many Google employees were required to seek…

Gautam Adani, an Indian industrialist, came in second on the Bloomberg Billionaires Index. His estimated net worth is $147 billion, and from the year's beginning, it has increased by $70…

The 83-year-old creator of the outdoor clothing firm Patagonia, Yvon Chouinard, has handed ownership of his business to a trust and nonprofit group that was especially set up to utilize…

Apple staff members have expressed opposition to going from remote work to a part-time office schedule.

Trust is the currency of business, and companies need to build strong relationships with different parties. Fairness is one of the reasons for trust, including in business.

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…

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…

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…

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…

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,…

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…

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.

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…

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…

Musk wrote to Tesla's top managers about unacceptability of working remotely. The richest businessman in the world demanded that managers spend at least 40 hours a week at their workplace…

After reporting unprecedented losses at two investment firms, Japan's SoftBank has reduced the wages of its senior executives. The downsizing had little effect on Masaesi Son, the billionaire CEO.

Jack Dorsey, the creator and CEO of Twitter, has resigned.

According to estimations by Forbes, aggregate fortunes of the 11 richest billionaires who made their capitals from cryptocurrencies decreased by $49.06 billion in the two months following the crypto market…

Change is scary. How do you make plans? How do you manage a company? How do you act quickly and efficiently?

CalPERS, the largest US public pension fund, will vote to replace Warren Buffett as chairman of Berkshire Hathaway, Reuters writes citing the fund's documents.

According to documents at the US Securities and Exchange Commission's website, Elon Musk, the American entrepreneur and founder of SpaceX and Tesla, will join the Board of Directors of Twitter…

The British HSBC Plc, one of the world's largest banks, is revising its experts' research reports to remove the word "war" from the context of Russia's operation in Ukraine, reports…

Rigid hierarchy often holds us hostage at work. Now, however, it is becoming increasingly clear that formal authority prevents us from achieving the maximum. Leadership without authority and flexible partnerships…

Every person has weaknesses and pain points, and pushing on them tends to throw us off-balance. Let’s look at what pain points are most often pressed by those who want…

Managing yourself means controlling your emotions and thinking with your head. It is an indispensable leadership trait. Without it, you are at the mercy of the group and all its…

Anglo-Dutch Shell has announced appointment of Sinead Gorman as chief financial officer (CFO), effective 1 April, when current CFO Jessica Uhl will leave the post, which she held for five…

Elon Musk gave $5.7 billion worth of Tesla stock to charity.

The term "elicitation" means covert drawing out of information. It is an effective set of techniques for influencing people's behavior. Information elicitation is a real art, and this approach is…

Credit Suisse's chairman resigned after it was discovered that he had twice breached quarantine rules.

Microsoft has followed Apple in the wake of employee leakage to Meta. Competition for employees between the tech giants has intensified because of the development of meta-universes.

Sometimes your idea is so strong that you don't even think about questioning the reality of your goal. The problem is that others don't particularly believe you. So your task…

Chinese billionaires have topped the list of wealthy individuals whose fortunes declined in the outgoing year, largely thanks to the regulatory efforts of local authorities, Forbes reported.

Google has warned employees that they could lose their jobs if they refuse to vaccinate against the coronavirus. The IT company is pushing for a return to the offices while…