Management

The FBI’s public response to the ShinyHunters hacking group represents a shift from simply investigating a cyberattack to openly demonstrating that international cybercriminal networks can be pursued beyond the systems

Microsoft Corp. is eliminating 4,800 positions, accounting for 2.1% of its overall workforce, with its Xbox video game and console division anticipated to reduce around 20% of its staff, according…

Ryanair Holdings Plc, the Irish budget airline, has announced the extension of Chief Executive Officer Michael O'Leary's contract through 2032.

Volkswagen AG, the German automotive giant, plans to eliminate 19,000 positions in Germany by the year's end, as stated by CEO Oliver Blume before the annual shareholders' meeting on June…

According to The Times, which cites internal corporate records, Elon Musk may be entitled to receive USD 158 billion in 2025 under the terms of a compensation deal with Tesla.

Apple said that CEO Tim Cook will resign on September 1, 2026, and will take on the role of executive chairman of the board. According to a statement from the…

According to Reuters, citing three sources, Meta aims to execute the initial phase of its mass layoffs scheduled for this year on May 20.

Average bonuses at Wall Street firms rose by 6% in 2025 to reach $246,900, as stated by New York State Comptroller Thomas DiNapoli.

Microsoft is starting a new project to build AI infrastructure in the US, with a focus on helping the public. They promise to cover the costs of the energy systems…

Nvidia Corp., a company that makes graphics chips, has ranked first in a list of U.S. companies with the highest quality of management, according to a report from the Drucker…

HSBC, Europe's largest bank, has ended its renowned International Manager executive development program, which has been in place since the bank's founding over 160 years ago, according to a report…

Visa Inc., which operates the largest payment network in the United States, has officially decided to move its European headquarters to the Canary Wharf business area in London.

Amazon.com Inc. intends to cut jobs for around 14,000 corporate staff as part of a plan to save costs, as stated by Beth Galetti, the company's senior vice president.

At a general meeting, the shareholders of French holding company Kering SA endorsed the selection of Luca de Meo as CEO, as stated in a press release.

JPMorgan Chase & Co., the American bank, is evaluating the option of relocating its European headquarters, as reported by the Financial Times, referencing sources.

Richard Lutz, CEO of the state-owned railway company Deutsche Bahn, will resign, announced the German Federal Transport Ministry in a statement.

US President Donald Trump has urged Intel Corp. CEO Lip-Bu Tan to step down right away, referencing a “significant conflict of interest” due to his investments in Chinese firms.

American Vogue's editor-in-chief Anna Wintour is leaving her position after 37 years, The New York Post writes referencing a source familiar with Condé Nast.

Stellantis announced in a press release that Purchasing Director Maxime Picat has departed from his position.

Renault's CEO Luca de Meo has revealed his choice to resign and pursue new opportunities beyond the automotive industry, reads a press statement from the French car manufacturer.

According to CNBC, U.S. Google, a subsidiary of Alphabet Inc., has provided employees from specific divisions severance packages in return for voluntary resignation.

American Walmart Inc., the largest retailer in the U.S., intends to eliminate 1.5 thousand office positions in the country as part of a strategy to streamline expenses and accelerate decision-making,…

Spain's Industria de Diseno Textil SA (Inditex), a leading global apparel retailer, announced that it is replacing its chief financial officer.

American technology giant Microsoft Corp. intends to reduce its workforce by 3%, writes CNBC citing a statement from the company's spokesperson.

Swiss UBS Group AG intends to reduce 180 positions in Italy as part of integrating the operations of its recently acquired competitor Credit Suisse.

The British telecommunications and media firm Sky plans to shut down three of its ten call centers in the UK, which could result in layoffs of as many as 2,000…

Chevron, an American oil and gas firm, intends to reduce its workforce by 15% to 20% by the close of 2026.

The COP29 summit in Baku, Azerbaijan, concluded with a mix of breakthroughs and unresolved challenges that reflect the complexities of global climate negotiations. While progress was made on climate finance

Kansai Electric Power Co. in Japan reported the closure of a nuclear reactor due to the detection of a small hole in a pipeline.

According to Bloomberg, ex-high-ranking executives of Glencore Plc, who are accused by UK authorities of corrupt behavior in West Africa, are scheduled to stand trial in London in mid-2027.

The world's biggest lithium producer, Albemarle, which is based in the US, intends to streamline its operations in response to evolving market conditions.

Bank of America Corp., the second-largest U.S. bank in terms of assets, intends to open over 165 branches by 2026, with around 40 of them scheduled for this year, as…

Trafigura, a major commodity trading company, is getting ready to reveal the appointment of Richard Holtum as chief executive next week, according to sources cited by the Financial Times.

U.S. Boeing Co. has reached a tentative agreement on a new contract with two local chapters of the International Association of Machinists and Aerospace Workers, which represent over 33 thousand…

Martin Winterkorn, the ex-CEO of Volkswagen, was present in a Brunswick court on Tuesday to face allegations of fraud and market manipulation linked to the scandal involving the company's use…

The European Union is gearing up to implement a new travel authorization system by summer 2025, introducing a €7 (£6) visa waiver for citizens from certain non-EU countries, including the

According to Bloomberg, which cites sources, British financial giant HSBC Holdings Plc is restructuring its investment banking segment in part.

According to the Financial Times, more than 6,500 workers at Samsung Electronics, based in South Korea, began a three-day strike on Monday.

The Financial Times writes, citing reliable sources, that Bernard Arnault, one of the richest men in the world and the creator of the luxury goods company LVMH, has purchased shares…

Based on internal business statistics, CNBC has determined that US electric vehicle manufacturer Tesla has reduced at least 14% of its personnel this year.

A U.S. appeals court was requested by the U.S. Justice Department and TikTok on Friday to expedite the review of the legal objections to a recently enacted statute that requires

Following Tim Cook's resignation, Bloomberg reported that 49-year-old John Ternus, who oversees the company's hardware development division, is expected to take over as CEO of Apple.

Bloomberg reports that Goldman Sachs, a U.S. investment bank, has mandated that its staff get special authorization from the management before they can travel to Paris for the Olympic Games,…

According to MarketWatch, a faction of TotalEnergies' stockholders is demanding that the CEO and board chairman positions be kept distinct.

CEO of Citigroup Inc. Jane Fraser stated that the firm is nearing the end of an operational transformation that will involve additional layoffs.

According to the Financial Times, which cites analysts' projections, major Japanese corporations will raise workers' compensation by an average of more than 4% following spring negotiations with labor unions. This…

According to The Wall Street Journal, which cites sources, Sam Altman, the CEO of ChatGPT chatbot developer OpenAI, is the subject of an investigation by the US Securities and Exchange…

PNC banking Services Group, which includes American PNC Bank, plans to invest $1 billion over the course of five years to upgrade its branch network.

According to documents filed with the Securities and Exchange Commission (SEC), Jeff Bezos, the founder and former CEO of Amazon.com Inc., sold 12 million shares of the company on February…

Australia is set to implement legislation that would grant employees the freedom to refuse irrational calls and messages from their supervisors during non-working hours. Employers that violate this policy may