Walmart Inc.

👍 72%

👥 53% | 🌏 50% | 💰 59%
 

Pay Bump

Walmart is raising compensation for its regional store managers amidst a competitive talent market, enabling top performers to earn over $600,000 annually from a $160,000 minimum base pay, expanded stock grants, and bonuses of up to 100% of base pay.

Meanwhile, the world's largest retailer is cutting perks for office staff, including reducing remote work options and shifting to less generous health insurance plans.

Microsoft

👍 76%

👥 61% | 🌏 56% | 💰 61%
 

AI Privacy Clash

LinkedIn is being sued by Premium users who claim that the professional networking site shared their private messages with third parties without their consent to train artificial intelligence models. They allege LinkedIn updated its privacy policy to allow data use for AI training, even if users opted out.

The lawsuit surfaces as LinkedIn's parent, Microsoft, intensifies AI efforts, highlighting tensions between technological advancement and user privacy.

Warner Bros Discovery

👍 48%

👥 50% | 🌏 47% | 💰 53%
 

Cutting Cable

CNN is laying off around 200 employees, about 6% of its workforce, to focus on digital growth and prepare for a new streaming service.

With cable viewership declining, the news network is investing $70 million into digital expansion, responding to audiences increasingly consuming news online.

Procter & Gamble Co

👍 70%

👥 39% | 🌏 43% | 💰 67%
 

Controversial Closure

Amazon has abruptly decided to close all of its warehouse operations across Canada's largest province, cutting nearly 1,800 jobs and shifting to third-party delivery services with the expressed goal of reducing costs.

Leaders of the recently-formed workers union in Quebec claim that the regional closures are retaliation against their unionization last year over demands for better pay and safer working conditions.

Goldman Sachs Group

👍 58%

👥 42% | 🌏 44% | 💰 55%
 

Big Bonus

Goldman Sachs awarded CEO David Solomon an $80 million bonus to keep him at the helm for five more years while raising his 2024 pay by 26% to $39 million.

The board's confidence comes as the Wall Street giant reported its highest quarterly profit in over three years, after refocusing on investment banking and trading following losses in consumer banking.