Monday’s job cuts were a first in company’s 54-year history Southwest operated with philosophy that happier employees result in happier customers Layoffs are a nod to pressure to shore up profits Elliott wield influence with board seats Southwest’s flight attendant union says the cuts create uncertainty CHICAGO, Feb 19 (Reuters) – Southwest Airlines’ first company-wide … Read more
JPMorgan Chase CEO and Chairman Jamie Dimon has been emphatic about employees returning to the office (RTO) to work, dismissing hybrid or work-from-home (WFH) options for his workforce. During the recent company town hall on February 12, one staff member who disagreed was allegedly fired for questioning Dimon about the RTO policy, according to a … Read more
2025-01-23 18:25:00 : (Bloomberg) — J Sainsbury Plc, Britain’s second-largest supermarket chain, will cut 3,000 jobs and close remaining cafes after the government announced a rise in corporate taxes. Sainsbury’s said on Thursday the move would involve a reorganization of roles at its headquarters and a 20% cut in senior management positions. Overall, the layoffs … Read more