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TheBadPlace
@TheBadPlace@mastodon.ozioso.online · 1d ago
Feed: All Latest | Companies Keep Slashing Employees’ Benefits for the Worst Reasons by Lauren Goode AI generated summary, Read the full article for complete information. Companies across the U.S. are slashing non‑wage benefits, with TTEC suspending its discretionary 401(k) match for 16,000 workers, Deloitte cutting paid time off, halving parental leave and eliminating a $50,000 family‑planning reimbursement, and Zoom trimming maternity leave from 22 to 18 weeks. While firms point to rising health‑care costs—exacerbated by the lapse of Affordable Care Act subsidies and escalating premiums—as the primary driver, critics argue that “AI” is often a convenient veneer for broader cost‑cutting. The cuts disproportionately affect lower‑paid, non‑client‑facing staff, highlighting the United States’ reliance on private employers for basic benefits such as paid parental leave, which many see as a failure of federal policy. Scholars warn that eroding benefits harms employee wellbeing and can ultimately damage a company’s competitiveness, urging both corporate leaders and the government to adopt more humane, universal support systems. Read more: https://www.wired.com/story/companies-keep-slashing-employees-benefits-for-the-worst-reasons/ #TTEC #Deloitte #SarahjaneSacchetti #JoanWilliams #business_techculture
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TheBadPlace
@TheBadPlace@mastodon.ozioso.online · 3d ago
News Headlines | NTMA still to recover €2.5m stolen in phishing attack AI generated summary, Read the full article for complete information. The National Treasury Management Agency (NTMA) has recovered €2.5 million of the €5 million lost in a voice‑phishing scam that targeted a fake invoice from an Ireland Strategic Investment Fund investee, and will tell the Public Accounts Committee that its IT systems were never compromised. An independent Deloitte forensic review, now completed, confirmed the breach was limited to the fraudulent payment request and led to a set of recommended safeguards, which the agency has fully implemented. Chief Executive Frank O’Connor will also update the committee on the national debt, now around €200 billion and projected to approach €250 billion by the 2030s, stressing that while low‑interest‑rate conditions have helped lower borrowing costs, future debt servicing will become more costly as rates rise and low‑cost debt matures. The NTMA continues efforts to recover the remaining €2.5 million. Read more: https://www.rte.ie/news/2026/0514/1573230-ntma-still-to-recover-2-5m-stolen-in-phishing-attack/ #NTMA #FrankOConnor #Deloitte #PublicAccounts #TreasuryManagement #FrankOConnor
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TheBadPlace
@TheBadPlace@mastodon.ozioso.online · Apr 28, 2026
All Content from Business Insider | Cutting employee benefits is no longer off the table by Steve Russolillo AI generated summary, Read the full article for complete information. Cutting employee benefits is becoming increasingly common as companies prioritize efficiency and measurable output over loyalty. Recent reports reveal Deloitte plans to trim core perks such as parental leave, paid time off, pensions and IVF funding for support‑role staff, while Zoom is reducing its paid parental leave from 22‑24 weeks to 18 weeks for birthing parents and from 16 to 10 weeks for non‑birthing parents. The trend extends to larger tech firms: Meta announced a 10% workforce reduction and the elimination of 6,000 open roles, prompting angry employee reactions, and Microsoft is offering one‑time buyouts to long‑serving U.S. employees as part of its cost‑cutting strategy. These moves signal that even once‑sacrosanct benefits are now vulnerable, as firms across industries move into “efficiency mode,” making job cuts and benefit reductions the new norm. Read more: https://www.businessinsider.com/bi-today-sunday-newsletter-cutting-employee-benefits-2026-4 #Deloitte #Zoom #Meta #Microsoft #careers
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ItalianNews
@ItalianNews@mastodon.ozioso.online · Mar 14, 2026
Adnkronos - ultimoratop: Oltre 200 professionisti a Forum Turismo Italia, sviluppo Puglia e Sud al centro (Adnkronos) - Organizzato da Manageritalia Puglia, Calabria e Basilicata presso gli spazi del Deloitte NextHub di Bari Over 200 professionals at Forum Turismo Italia, development of Puglia and Southern Italy at the center. (Adnkronos) - Organized by Manageritalia Puglia, Calabria and Basilicata at the Deloitte NextHub in Bari. #ForumTurismoItalia #Puglia #SouthernItaly #ManageritaliaPuglia #Calabria #Basilicata #Deloitte https://www.adnkronos.com/economia/oltre-200-professionisti-a-forum-turismo-italia-sviluppo-puglia-e-sud-al-centro_5WaAnch15UPKouCECZVlNu
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