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iPhone
Foxconn’s biggest Chinese rival wins premium iPhone contract
...“With Apple’s dedicated investment, including increasing staffing in supply chain management, it only took Luxshare a few months to deliver the last-minute orders,” said an Apple employee in China....
January 4, 2023
UK labour disputes
Staffing agencies attack UK government’s strikebreaking plans
...“Allowing businesses to supply skilled agency workers to plug staffing gaps does not mandate employment businesses to do this,” it added....
June 29, 2022
FT Live
Financial Adviser Service Awards 2024
Who gives you 5 star service?
Thursday, 14 NovemberNatural History Museum, Cromwell Road, London, UK
Boeing Co
Boeing’s Alaska Airlines blowout puts focus on Spirit AeroSystems
...The agreement also requires Spirit to increase staffing in engineering and quality control and to carry buffer stock, “including two weeks’ worth of finished goods for 737 work”....
January 8, 2024
LexBoots UK Ltd
Boots: one step closer to the block Premium content
...And Boots has a lot of shops — 1,900, after the latest round of closures — which need staffing and sprucing up....
November 24, 2023
News in-depthEmployment
Warehouse operators turn to entertainment and food facilities to attract workers
...While industry wages have risen to attract workers, warehouse companies dealing with rising costs and already thin margins still face staffing problems as workers are deterred from physically demanding jobs...
January 3, 2024
News in-depthCitigroup Inc
The tricky timing behind Citi’s bet on China
...That is at odds with Citi’s simplification strategy, though China is not the only country with some location-based staffing requirements....
January 23, 2024
FT Live
Innovation in Wealth Management Summit
Augmented intelligence for client-centric services
Thursday, 2 May9 Montague Close, London, UK
Tesla Inc
Tesla solar panels were going to change the world. What happened?
...The strength of his optimism was such that when asked about staffing levels, Musk instead set off on a long meander around the difficulties of engineering solar roofs, and how Tesla’s retrofit solution “...
November 14, 2023
News in-depthBoeing Co
Boeing tries to rise above quality failures at 737 Max supplier
...It requires Spirit to increase staffing in engineering and quality control and to carry buffer stock, “including two weeks’ worth of finished goods for 737”....
October 23, 2023
Kim Schumacher
Japan Inc must do more to reduce greenwashing risks
...This is particularly apparent in staffing, from low-ranking employees to the board....
July 2, 2023
Delta Air Lines Inc
Surge in transatlantic travel leads to Delta Air Lines earnings record
...Airlines have benefited from strong demand for travel since the pandemic has ebbed, handing them pricing power even as they have struggled with staffing, a shortage of jets and a dearth of air traffic controllers...
July 13, 2023
Healthcare
UnitedHealthcare loses legal battle against KKR-owned doctors group
...The award could represent just a fraction of UnitedHealthcare’s ultimate financial exposure if other physician staffing companies also prevail in dozens of lawsuits and regulatory complaints alleging the...
May 2, 2023
Corporate social responsibility
Amazon, Hilton and Starbucks to hire thousands of refugees across Europe
...Alongside Amazon, staffing agencies Adecco, ManpowerGroup and Randstad said they would help 152,000 refugees find work, while Accenture, Generali and Indeed will help to train another 86,000 displaced people...
June 19, 2023
LexFinancial services
SMFG/Wall Street: hiring plan is well-timed — retention is a longer game
...Japan’s second-largest bank, Sumitomo Mitsui Financial Group, is reportedly staffing up. For redundant bankers, it may be a case of any port in a storm. Investors in SMFG should be more sceptical....
April 4, 2023
Vanguard Group Inc
Vanguard’s net inflows fall by half to $151bn
...But last year’s asset drop raises questions about how much further Vanguard will be able to pursue fee cuts to attract new business when the investment industry is struggling to absorb increasing staffing...
January 26, 2023
Due Diligence
Private equity enters the emergency room Premium content
...But in today’s financialised healthcare system, it’s more likely to be a private equity-owned “physician staffing” company....
December 21, 2022
FT Live
Evolving retirement strategies in an ever-changing world
What new regulatory developments mean for IFAs
Tuesday, 30 April1 Friday Street, London
LexTechnology sector
Foxconn/Apple: China’s Covid failure triggers golden goodbyes for workers Premium content
...Staffing was already stretched. Not long after the protests broke out, Zhengzhou, home to the iPhone factory, locked down for five days, disrupting hiring....
November 24, 2022
The Art Market
Sotheby’s gains Richter, London loses Masterpiece fair
...She cites staffing struggles in the wider hospitality industry and says that, since Brexit, the fair’s European exhibitors had more than halved from 38 in 2018 to 16 last year....
January 12, 2023
Walgreens Boots Alliance Inc
Walgreens affiliate in $9bn deal for doctors’ group Summit Health
...Blackstone acquired hospital staffing supplier Team Health in 2016 and two years later, KKR bought physician services and emergency room operator Envision Healthcare for $9.9bn....
November 7, 2022
US employment
US employers slow down hiring before holiday shopping rush
...Walmart, which is adding 40,000 people this season compared to 150,000 for the same period of last year, said because it recruited aggressively earlier this year, “staffing is stronger heading into this...
November 25, 2022
Airlines
Delta Air Lines airdrops cash to avoid getting junkier
...In the US too, airlines are juggling staffing shortages and booming demand. Delta Air Lines is also dealing with a potential credit downgrade into the speculative junk-bond market....
July 19, 2022
Tesla Inc
Tesla Autopilot team chief announces departure
...Chief executive Elon Musk said last month that the company would cut 10 per cent of its salaried workforce, after a rapid increase in staffing over the past two years....
July 13, 2022
Electric vehicles
Tesla deliveries fall due to China Covid shutdowns and supply shortages
...Musk said earlier this month that the company would cut 10 per cent of its salaried workforce, after a rapid increase in staffing over the past two years....
July 2, 2022
News in-depthAdvertising
Ad agencies ask ‘where are all the people?’ in talent war
...The worst of the staffing shortages have eased in several markets in recent weeks, according to executives and on-the-ground workers....
September 9, 2022
Delta Air Lines Inc
Delta Air Lines chief executive relaxed about risk of recession
...US flight schedules were thrown into chaos during May and June after thousands of delays and cancellations caused by staffing issues, bad weather and air traffic control problems....
July 13, 2022
US employment
America Inc steps up training to solve staff shortfalls
...“Previously, when we had sort of an abundance of workers, companies could be picky,” says Cathi Canfield, a marketing vice-president at industrial staffing company EmployBridge....
June 27, 2022

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