Jacinta Allan’s rival for the Labor leadership, Deputy Prime Minister Ben Carroll, is “reconsidering his position” after ruling himself out as a potential rival just six weeks ago. Sources close to Carroll said on Monday morning that, following Sunday’s meeting of faction conveners which determined Allan no longer has the support of his group, government
Microsoft laid off 1,600 employees in its Xbox division this week, including hundreds of union video game workers represented by the Communications Workers of America. The workforce reduction adds to what new CEO Asha Sharma calls the “most significant restructuring” in the history of the Microsoft division. Microsoft on Monday announced approximately 4,800 total job
Lucid Motors’ new CEO continues to restructure the company after announcing hundreds of job cuts last month: The electric vehicle maker said Thursday that its chief financial officer, Taoufiq Boussaid, will leave the company. Boussaid’s pending departure comes amid a flurry of new executive hires aimed at bolstering the company’s leadership as Lucid’s new CEO,
“The next big business owners are going to be content creators,” Jamie Laing, the reality star-turned-sweet entrepreneur, tells Fortune. “I don’t think Coca-Cola can really come up any more without a content creator helping build the brand.” Those may sound like fighting words from—surprise, surprise—a content creator. But there are signs the future may one day belong to brands with faces,