Amazon plans to hire 55,000 new employees in the coming months, in addition to last year's massive hiring spree, and in this case we are talking about office workers and technology specialists. Amazon CEO Andy Jassy told Reuters about this in an interview Wednesday, his first big interview since taking the post in July. Amazon plans to hire about 40,000 employees in the U.S., 2,500 in the U.K.,...

Nike granted a week's holiday to all employees at its US offices in August. The company took the step to allow staff to "rest and recover" from the coronavirus pandemic. American apparel and sports equipment manufacturer Nike in August granted a week's leave to all employees at its headquarters. This was revealed by the company's senior global marketing manager Matt Marrazzo in a post on...

Companies spend a great deal of time meticulously developing strategic plans. But most executives estimate their success rate of 25% to 35% at best, while less optimistic experts cite a very low 10%. Why is it so difficult? Let's take a look at the major myths about business strategies. Prejudice 1. Implementation means following a plan Strategic plans don't always survive a clash with reality....

Workaholics experience an uncontrollable urge to engage in work. They feel a conflict between their passion and other areas of life. Let's find out what the dangers of workaholism are, how to recognise it in yourself and what to do about it. The term 'workaholic' was coined in 1971 by psychologist Wayne Oates, who described the 'uncontrollable need for continuous work' as an addiction....

US company Blizzard has dismissed Allen Brack as president and appointed two executives at once - Jen Oneal and Mike Ybarra. Ms Oneal previously headed Vicarious Visions (which is now part of Blizzard), while Mr Ybarra worked at Microsoft for 20 years and was vice president of the company's gaming division before leaving. The company said in a statement that the new executives will work...

McDonald's fast-food chain has announced creation of a new division, the so-called Customer Experience Team. It will combine work on the McDonald's app and the recently launched MyMcDonald's Rewards loyalty scheme and will also include marketing, digital services, data analytics and several other teams. The division will be headed by Manu Steijaert, the previous vice president of some...

Employees have started fleeing the Middle East and African offices of European bank Credit Suisse, Bloomberg says. Analysts cite resentment at the style of Bruno Daher, head of the Middle East office, as one of the reasons. According to the publication, at least five senior and 20 junior employees have quit the Credit Suisse Middle East branch since the beginning of 2019. As a result, Daher,...

Some people seem to possess a magic wand when it comes to persuading others. In reality, it's not magic, but a science that can be learned. The human brain has three layers. The bottom one, the reptilian brain, provides the "hit or run" response. The middle layer, the mammalian brain, is the reservoir of emotion. The upper one, the primate brain, is responsible for rational assessment of the...

From September this year, the Bank of England will change the working hours of its staff: most of them will only need to be in the office one day a week, all other days they will be able to work remotely. The change was announced by the bank's chief operating officer, Joanna Place. From the start of the pandemic until now, the majority of Bank of England staff have been working from home, with...