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Search Result for “severance package”

Showing 1 - 10 of 42

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WORLD

Portuguese prime minister resigns following corruption probe

AFP, Published on 07/11/2023

» LISBON - Portuguese Prime Minister Antonio Costa announced his resignation on Tuesday after he was embroiled in a corruption investigation into the awarding of energy-related contracts.

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WORLD

'Hardcore' or bust: Musk gives ultimatum to Twitter staff

AFP, Published on 17/11/2022

» NEW YORK - Twitter's new boss Elon Musk has asked staff to choose by Thursday between being "extremely hardcore" and working intense, long hours, or losing their jobs, according to an internal memo seen by AFP.

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BUSINESS

Nearly all Cathay Pacific pilots, cabin crew sign new salary-slashing contracts

Published on 06/11/2020

» Nearly all of Cathay Pacific's pilots and more than 90% of its cabin crew have signed new, cheaper employment contracts, the airline revealed on Thursday.

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BUSINESS

THAI staff angered by exec promotions

News, Post Reporters, Published on 10/10/2020

» The Thai Airways International (THAI) workers' union protested against the appointment of the wife of the airline's board chairman to a higher position, saying it undermines trust in the beleaguered organisation.

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THAILAND

THAI staff angered by executive promotions

Post Reporters, Published on 09/10/2020

» The Thai Airways International workers' union is protesting against the appointment of the THAI board chairman's wife to a higher position, saying it undermines trust in the beleaguered organisation.

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BUSINESS

Transfer of employment under Thai labour laws

Published on 06/10/2020

» Amendments to Thailand's Labour Protection Act (LPA) on May 5, 2019, ushered in significant changes to a variety of labour laws, resulting in increased statutory severance pay, increased maternity leave benefits, implementation of paid necessary business leave, changes in wage payments during temporary suspension of business, interest payments for non-payment of wages in certain situations, and new workplace relocation procedures. These changes to the LPA also enhanced employee protections by setting out key amendments to the law governing transfer of employment.

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WORLD

After soap opera career, media mogul Sumner Redstone dead at 97

AFP, Published on 12/08/2020

» WASHINGTON - Sumner Redstone, who rose from modest beginnings to lead one of the most powerful Hollywood and television empires and became enmeshed in battles worthy of a TV soap opera, has died at age 97 after years of declining health.

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BUSINESS

McDonald's Sues to Recover Severance From Fired CEO

Business, Published on 12/08/2020

» McDonald's Corp. said it is suing former Chief Executive Steve Easterbrook and seeking to recoup tens of millions of dollars it paid in severance and benefits, alleging that he lied to the board about sexual relationships with employees before his ouster last fall.

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WORLD

McDonald's sues ex-CEO for allegedly lying about sexual relationships

AFP, Published on 10/08/2020

» NEW YORK - McDonald's sued former CEO Steve Easterbrook for allegedly lying about inappropriate sexual relationships with employees Monday, the latest twist in a corporate #MeToo saga that has rocked the fast-food giant.

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WORLD

McDonald's sues former CEO for lying about sexual relationships

AFP, Published on 10/08/2020

» NEW YORK - Fast-food giant McDonald's announced on Monday it is suing former CEO Steve Easterbrook for lying about allegedly inappropriate sexual relationships with employees.