Starling Bank staff resign after new chief executive calls for more time in-office – The Guardian
Employees at Starling Bank resigned after the new chief executive demanded that thousands of employees come into the office more regularly, despite not having enough space to accommodate them. In his first major policy change since taking over from UK Digital Bank founder Anne Boden in March, Raman Bhatia has ordered all hybrid staff to […]
Amazon CEO Andy Jassy denies full in-office mandate is ‘backdoor layoff’
Amazon CEO Andy Jassy said during an all-hands meeting Tuesday that plans to require employees to come to work five days a week will not force layoffs or force layoffs, as many employees have suggested. He said it was not intended to satisfy city leaders. controversial plan Requiring employees to come to Amazon's offices every […]
Uber tops second-quarter revenue, profit estimates on strong ride demand as employees return to in-office work
Uber beats Wall Street expectations for second quarter Sales and profit rose on Tuesday from the previous quarter as demand for rides increased as employees returned to working in offices at closer to pre-pandemic levels. Revenue rose 16 percent to $10.7 billion, beating LSEG’s analyst forecast of $10.57 billion. Total bookings rose 19 percent to […]
Lawsuit filed against Philadelphia for mandating in-office work for full-time city employees
See what’s clicking on FoxBusiness.com The union representing thousands of Philadelphia city employees has filed a lawsuit to block Democratic Mayor Sherrell Parker’s demand that full-time city employees work five days a week starting this month. The American Federation of State, County and Municipal Employees’ 47th District Council argues in a lawsuit filed Monday that […]
US paychecks are surging — but only for in-office workers: report
Recent data shows that U.S. companies are paying a 36% premium to workers who return to their desks five days a week. The average annual salary offered for a fully office-based position is $82,037, a significant increase from last year’s average salary of $59,085, according to March 2024 ZipRecruiter data obtained by the agency. BBC. […]