Employment

Stenn Financial's Downfall: Job Losses Loom for Majority of Employees

9 days ago

The recent collapse of Stenn, a prominent fintech lender, has sent shockwaves throughout the financial sector, resulting in the impending job losses for most of its workforce. As Stenn officially enters the process of liquidation, it has been revealed that approximately 75% of its employees are expected to be laid off. This dire situation raises concerns not only about the individuals affected but also about the broader implications for the fintech industry.

HelloFresh Faces Controversy Over Allegations of Exploiting Migrant Teen Workers

14 days ago

In a developing story that has sent shockwaves through the food delivery industry, HelloFresh has come under fire following a report by ABC News detailing the alleged employment of migrant teenagers in potentially exploitative conditions. Reports indicate that the company used workers under the age of 18, often in arduous roles that raise serious concerns regarding labor laws and the ethical sourcing of food products.

The Dockworkers’ Dilemma: A Looming Strike Fueled by Technology Concerns

3 months ago

This has been an interesting development which has caught the attention of world trade experts in a spate of polarized attentions whereby striking dockworkers threatened to strike over a critical issue that harks to a broader theme of disruption: the integration of technology in daily operations. The labour dispute does not relate to traditional issues like wages and benefits but to the greater role being reserved for technology in the workforce of ports.

AI Startup Shakes Up Gig Worker Hiring – Backed by Vinod Khosla’s Millions!

3 months ago

A novel product created with the aim to change the way the prototype hiring process of gig workers is conducted. It was recently spotted and funded by the popular Silicon Valley investor Vinod Khosla. This recent event is a turning point in the growth of the gig economy as technology evolves the conventional employment landscape.