workplace News

Finland Ranks World’s Happiest Again With US at Worst-Ever Level

Finland’s unbroken streak as the world’s happiest country continued for an eighth year while the US fell to 24th place, its lowest-ever level in the global ranking. Denmark, Iceland, Sweden and the Netherlands rounded out the top five in the …

Odey Banned From UK Financial Services Industry for ‘Lack of Integrity’

Crispin Odey was fined £1.8 million ($2.3 million) and banned by the UK’s financial regulator for showing a “reckless disregard” for governance at his former investment fund. The Financial Conduct Authority said in a statement Odey’s conduct demonstrated that he …

MLB Orders Employees to Return to Office Five Days a Week

Major League Baseball has ordered its employees to return to the office five days a week, according to people familiar with the matter. The league had been on a hybrid policy since the pandemic. The change will go into effect …

Brazil Says Workers at China’s BYD Site Are Victims of Human Trafficking

Chinese workers at a construction site in Brazil for a factory owned by China’s electric vehicle producer BYD are victims of human trafficking, Brazilian labor authorities said on Thursday in a growing controversy in BYD’s biggest overseas market. BYD and …

Rising Sick Days Are Costing Europe Billions Every Year

Norway, illness is becoming an increasingly trying problem. Workers take more sick days than anywhere else in Europe and absences are at the highest level in 15 years. As companies struggle with chronic shortages, critics blame an overly generous welfare …

Allstate Thinks Outside the Cubicle With Flexible Workspaces

After ditching two-thirds of its office space and selling its Chicago headquarters, Allstate Corp. realized that even employees who prefer working remotely still need a place to gather with their coworkers from time to time. In the coming months, a …

Police Summon Aviva India CEO in Discrimination Case, Company Denies Allegations

Indian police have summoned Asit Rath, the chief executive of British insurer Aviva in the country, as part of an inquiry into a former employee’s accusations of religious discrimination at work, documents seen by Reuters showed. The investigation, in the …

Harassment Claims Soar at City Firms in Wake of Odey Scandal

City firms reported a 72% surge in non-financial misconduct complaints over the last three years following a string of high-profile scandals including sexual harassment allegations leveled at hedge fund chief Crispin Odey. In the biggest review of discrimination and bullying …

Boozy Work Parties May Be Over With New UK Harassment Law

Alcohol-fueled company events could become a thing of the past, as UK employers consider new rules that place an onus on firms to protect workers from sexual harassment or risk hefty damages claims. Under a new law, companies will have …

AI Push Sees Italy’s Intesa Axing 9,000 Jobs in ‘Generational’ Shift

Intesa Sanpaolo SpA is replacing thousands of staff with younger hires to set the firm up for the use of artificial intelligence, demonstrating how much the technology is impacting workers across the financial industry. The Italian lender plans for 9,000 …