After the banking industry faced major criticism for allegedly overworking its employees following the death of Leo Lukenas III, a 35-year-old Bank of America employee who died after working 100-hour workweeks, two of Wall Street’s banking giants are making some major changes.
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Boeing bosses blindsided by strike, on brink of crisis
Boeing bosses are staring down the barrel.
FedEx Faces Lawsuit Over Alleged Discrimination Against Disabled Drivers
On Friday, the Equal Employment Opportunity Commission (EEOC) sued FedEx Corporation (NYSE:FDX), saying the global shipping and logistics company violated federal law by discriminating against its employees with disabilities.
The rise of the ‘hushed hybrid’ workplace
You’ve started a new job and you’re told you have to work in the office full-time.
‘Who dreams this crap up?’: Kevin O’Leary slams new rule that allows employees to ignore their bosses after hours
Is your boss texting you after work?
Gen X Is So Unprepared For Retirement They’re Being Called ‘Silver Squatters’ Because 1 in 5 Are Counting On Help From Their Kids
Generation X has gone by many names over the years. They started as the MTV generation, became known as the latchkey kids, and were labeled America’s Forgotten Middle Child.
Dear Abby: I warded off my flirty manager’s advances, now I’m in trouble at work
DEAR ABBY: I am single, never married. A male manager at my job is divorced. After a few weeks at the job, I realized we were both single.
Bosses told hybrid working is good for business and keeps staff happy
Sceptical office managers should stick with hybrid working, according to researchers writing in the journal Nature, who found evidence in China that working from home makes employees less likely to quit and can save a business millions of dollars.
The obstacles more and more women are facing in the workplace
According to S&P Global, women’s representation in senior leadership roles in 2023 fell to its lowest level in over a decade.
American workers are slowly regaining power
American labor lost out during the last 40 years. Union membership fell by half, millions of manufacturing jobs went to China, the middle class shrank, and wealthy Americans captured most of the income gains.
Why employers should (and have to) hire older workers
Today, 62% of older workers are working full time, compared with 47% in 1987.
US layoffs reach 14-month high amid government, tech cutbacks
US layoff announcements rose 7% in March to the highest since January 2023, led by technology and government-sector job eliminations, a report out on Thursday showed.
Older adults want to work, but ageism limits participation: Economist
The US Bureau of Labor Statistics will release its monthly jobs report on Friday. Economists will be watching in particular for labor force participation metrics, as older Americans left the workforce following the pandemic.
McKinsey is paying some managers up to 9 months salary to leave—Here’s when it makes sense to take the money
Companies are getting creative when it comes to cutting costs.
Manchester man awarded over $134,000 in age discrimination lawsuit against Market Basket
A federal jury has awarded more than $134,000 in lost wages and damages to a Manchester man in an age discrimination lawsuit against DeMoulas Super Markets Inc., claiming his superiors at Market Basket promoted younger workers instead of him.