Philips Hue reorganizes, plans job cuts to save $218 million annually

Philips Hue reorganizes, plans job cuts to save $218 million annually – Canada Boosts

Signify, the corporate that owns smart lighting manufacturers Philips Hue and WiZ, is restructuring within the face “of ongoing market volatility and uncertainty.” In a press release on its website printed earlier this month, Signify introduced a “new customer-centric organization and structural cost reductions.” This seems to sign that the corporate is focusing extra effort…

Read More
Sam Bankman-Fried and Elizabeth Holmes may just be the tip of the corporate fraud iceberg that costs the economy $830 billion annually, study says

Sam Bankman-Fried and Elizabeth Holmes may just be the tip of the corporate fraud iceberg that costs the economy $830 billion annually, study says – Canada Boosts

It’s been a scorching few years of company fraud. A plea deal earlier this week for Binance founder Changpeng Zhao on prices of cash laundering comes on the heels earlier this month of FTX founder Sam Bankman-Fried’s conviction for what prosecutors known as “one of the biggest financial frauds in American history.” And earlier this…

Read More
Google blinks first in its war with Canada by agreeing to pay $74 million annually for online news after threatening to block it

Google blinks first in its war with Canada by agreeing to pay $74 million annually for online news after threatening to block it – Canada Boosts

Alphabet’s Google struck a take care of Canadian Prime Minister Justin Trudeau’s authorities over a contentious regulation requiring it to pay for information. Google agreed to contribute C$100 million ($74 million) in monetary assist yearly, listed to inflation, for a variety of stories companies in Canada, Heritage Minister Pascale St-Onge mentioned in an announcement Wednesday….

Read More
South Africa's economy loses 10% of GDP annually to crime

South Africa’s economy loses 10% of GDP annually to crime By Investing.com – Canada Boosts

Crime in South Africa is taking a extreme toll on the nation’s financial system, with annual prices amounting to roughly 10% of its Gross Home Product (GDP), in response to a current “Safety First” report by the World Financial institution. The report highlights that these crimes have far-reaching implications not just for financial progress but…

Read More
Novo Nordisk employees who need to lose weight get an unusual perk—free Wegovy that normally costs $4,400 annually

Novo Nordisk employees who need to lose weight get an unusual perk—free Wegovy that normally costs $4,400 annually – Canada Boosts

Should you’re a Novo Nordisk A/S worker with weight problems, you should have entry to a singular firm perk: Free Wegovy. Novo gives to reimburse employees who’ve been prescribed the costly weight-loss drug by a physician in its homeland Denmark, the corporate mentioned by e-mail. The perk, which continues to be taxable, can be out…

Read More