Category: Employees

  • Gen X employees most overlooked in the workplace

    Many employers say they have no preference, but a generation seems to be getting lost in the shuffle. While bosses think about new Gen Z employees and retiring boomers, Generation X is being overlooked, hurting their morale. Even though they make up a third of the U.S. workforce — more…

  • Tech employees prefer to live in Tel Aviv

    Technology employees are among the highest earners in Israel with the average gross monthly salary reaching NIS 32,215 in June, more than double the national average salary, according to the Central Bureau of Statistics. Between June 2023 and June 2024, the average Technology Employee salary increased by 8%, compared to…

  • Goldman to lay off a few hundred employees in annual talent review, source says By Reuters

    Written by Manya Saini (Reuters) – Goldman Sachs plans to cut several hundred jobs as part of an annual review process targeting underperforming companies, a person familiar with the matter told Reuters on Friday. The investment bank has reintroduced performance-related job cuts in 2022 after a two-year pause due to…

  • Canada labor board orders rail employees back to work, imposes binding arbitration

    rlesyk/iStock Editorial via Getty Images Canada’s federal judge has issued an order to employees of the country’s two main railway companies. Back to workBinding arbitration was imposed after a work stoppage that halted cargo shipments since Thursday morning. The Canadian Industrial Relations Board on Saturday approved the appointment of Labour…

  • 4,500 Companies Now Pay Their Employees in Bitcoin Using Bitwage

    like Bitwaj Today, the company celebrated its 10th anniversary, highlighting its growth in enabling payroll solutions using Bitcoin and cryptocurrencies. Since 2014, Bitwage has focused on bringing transparency and efficiency to global workforce payments. Bitcoin and cryptocurrency payroll platform Bitwage has announced that it now serves over 4,500 registered businesses…

  • 4,500 Companies Now Pay Their Employees in Bitcoin Using Bitwage

    like Bitwaj Today, the company celebrated its 10th anniversary, highlighting its growth in enabling payroll solutions using Bitcoin and cryptocurrencies. Since 2014, Bitwage has focused on bringing transparency and efficiency to global workforce payments. Bitcoin and cryptocurrency payroll platform Bitwage has announced that it now serves over 4,500 registered businesses…

  • Indian investor kidnaps BitConnect employees to recover losses

    An Indian man allegedly kidnapped two men involved in the $2.4 billion BitConnect Ponzi scheme to recoup losses. Shailesh Babulal Bhatt was an investor in BitConnect Coin, a token that is traded as the platform’s native cryptocurrency, according to statement From the Indian Enforcement Directorate, Bhatt, along with his accomplices,…

  • Indian investor kidnaps BitConnect employees to recover losses

    An Indian man allegedly kidnapped two men involved in the $2.4 billion BitConnect Ponzi scheme to recoup losses. Shailesh Babulal Bhatt was an investor in BitConnect Coin, a token that is traded as the platform’s native cryptocurrency, according to statement From the Indian Enforcement Directorate, Bhatt, along with his accomplices,…

  • Burberry is reportedly laying off hundreds of employees amid huge stock selloff

    British fashion company Burberry Group PLC is expected to cut hundreds of jobs, most of them in the UK, after a sharp fall in its share price, The Telegraph reported. The newspaper reported that employees were informed during a Zoom meeting in late June, where those affected were told that…

  • PwC survey: Next Great Resignation wave driven by overworked, underpaid employees

    More people are now considering their options as they increasingly feel overworked and underpaid amid continuing cost pressures. Employees feel so engaged at work that far more people are considering quitting now than during the mass resignations we saw in 2022, audit firm PwC found in its global survey of…

  • PwC survey: Next Great Resignation wave driven by overworked, underpaid employees

    More people are now considering their options as they increasingly feel overworked and underpaid amid continuing cost pressures. Employees feel so engaged at work that far more people are considering quitting now than during the mass resignations we saw in 2022, audit firm PwC found in its global survey of…

  • Employees Who Joined Nvidia 5 Years Ago Now Millionaires And Coasting In ‘Semi-Retirement’

    Employees who joined Nvidia 5 years ago are now millionaires and live in “semi-retirement” Nvidia (NASDAQ:NVDA) has seen incredible growth in recent years. Since the beginning of 2024, the company’s stock has jumped by 167%. Over the past five years, it has risen by a staggering 3,450%. Given these numbers,…

  • Wells Fargo Fires Employees Using Mouse Jigglers to Fake Productivity

    Wells Fargo recently fired several employees after accusations that they used devices to fake keyboard activity, misleading the bank into believing they were working. This was disclosed in the broker’s filings with the Financial Industry Regulatory Authority (Finra). The bank, America’s third-largest bank, did not provide details on how the…

  • Wells Fargo Fires Employees Using Mouse Jigglers to Fake Productivity

    Wells Fargo recently fired several employees after accusations that they used devices to fake keyboard activity, misleading the bank into believing they were working. This was disclosed in the broker’s filings with the Financial Industry Regulatory Authority (Finra). The bank, America’s third-largest bank, did not provide details on how the…

  • Adjusting non-taxable benefits a win-win for employees, employers

    The Finance Bill 2024 continues to generate controversy due to its potential impact on the financial well-being of Kenyans. Many have expressed concerns about the imminent burden it imposes on citizens through increased taxes. However, amid this apprehension, the bill offers a ray of relief and hope. One laudable proposal…

  • With over 1.7 million employees, the U.K.’s NHS has become a ‘rinse-and-repeat target’ for cybercriminals—disrupting services and risking lives

    In June last year, a Russian cybercrime gang called BlackCat Hacked Barts Health NHS Trust, part of the UK’s National Health Service which runs several hospitals in London, and I posted some of it online In an attempt to blackmail Last month, a different group, called INC Ransom, published a…

  • Hong Kong Police Arrest Crypto Exchange Shop Employees on Suspicion of Fraud

    Hong Kong police have arrested three employees of a currency exchange shop on suspicion of fraudulent activities. This followed an incident where a customer at the store was reportedly confronted with piles of “hell money” before executing a cryptocurrency transfer worth around HK$1 million. Hong Kong authorities arrest 3 on…

  • Artisan AI closes a $7.3M seed round to build AI employees for enterprise

    Artisan AI, a startup that builds AI employees and software for large enterprises, has raised $7.3 million in a round led by Oliver Young, an early investor in Airbnb, Rippling, Revolut, and several other unicorns. Other investors include Sequoia Scout, Y Combinator, Soma Capital, BOND Capital, Anu Hariharan, Paul Daversa,…

  • Will Israel ever provide employees with right to disconnect?

    Will Israel ever provide employees with right to disconnect?

    Canada plans to enshrine the “right to disconnect” in the 2024 Budget Act — the right to refuse to contact the president after business hours. The importance is that employees will have the right not to perform job-related tasks, outside working hours. This law will only affect 500,000 Canadian employees…