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Ferring Pharmaceuticals, a Swiss biopharma firm, focuses on worker well-being and DEI.Purvi Tailor, head of human resources in its US business, is on BI’s Workforce Innovation board.This article is part of “Workforce Innovation,” a series exploring the forces shaping enterprise transformation. A lot of companies say they are like a…
Last week, JPMorgan Chase announced that it would be seeking to limit junior bankers’ work hours to 80 per week to tackle concerns over unhealthy working conditions. Now, the bank seems to be showing it means business by tapping an investment banker turned HR executive to enforce its new rules.In…
Commerce Bancshares Inc. (NASDAQ:) Senior Vice President Patricia R. Kellerhals has sold 2,000 shares of the company’s common stock, according to a recent SEC filing. The transaction, which took place on September 16, 2024, was executed at an average price of $62.228 per share, resulting in a total value of…
A top executive at Meta slammed Elon Musk’s X on Thursday, saying it has turned into a “tiny” platform designed for elites.Nick Clegg, Meta’s president for global affairs and the former British deputy prime minister, compared X to Facebook and Instagram. He called X an unregulated platform that lets “anyone…
By Jody Godoy ALEXANDRIA, Virginia (Reuters) – A Google (NASDAQ:) executive told colleagues the goal for the company’s then-nascent online advertising business in 2009 was to “crush” rival advertising networks, according to evidence prosecutors presented at the tech titan’s antitrust trial on Wednesday. The statements underscored the U.S. Department of…
ESPN+ has quietly become a big asset for Disney in the streaming wars and a lifeline in the increasingly challenging sports space.In a cutthroat streaming landscape, ESPN+ has attracted about 25 million subscribers by offering exclusive college and professional sports along with some, but not all, of the main network’s…
Goldman Sachs has named tech veteran John Madsen as its chief technology officer, Business Insider has learned.Madsen’s appointment comes after Goldman lost its current CTO, Atte Lahtiranta, to Ken Griffin’s hedge fund, Citadel, Bloomberg first reported. Madsen, currently head of core engineering, will transition to CTO as Lahtiranta departs the…
Quiet vacationing — employees secretly taking time off or using tools to circumvent monitoring software — is rising.Nolan Church, cofounder and CEO at FairComp and Continuum and the former Head of Talent at DoorDash, says the erosion of manager trust in employees leads to this bad behavior.”Quiet vacationing is happening…
LVMH is having Champagne problems. Chief financial officer Jean-Jacques Guiony thinks it could come from fewer celebrations for people to pop the bottle.The company sold 15% fewer Champagne bottles in the first half of the year, compared to the same period last year, per LVMH’s Tuesday earnings report. Meanwhile, still…
By Fanny Potkin SINGAPORE (Reuters) – Intel (NASDAQ:)’s push into software is going well and the company could have cumulative software revenue of $1 billion by the end of 2027, Chief Technology Officer Greg Lavender told Reuters. Intel made north of $100 million in software revenue in 2021, the year…