Uber settles sexual harassment claims for $1.9m August 22, 2018 Ride-sharing app Uber has agreed to pay $1.9m (£1.5m) to 56 current and former employees who claimed they were victims of sexual harassment while working at the company. They will also receive an average of nearly $11,000 as part of a class action of 485 people who claimed they were discriminated against while working at [...]
Cannes Lions 2018 aims for restraint as advertising industry battles a number of challenges June 18, 2018 The advertising community has descended upon Cannes this week for its annual get together, but amid the rosé quaffing there is a sense of restraint, as the industry battles a number of challenges. For many, Cannes Lions – the advertising industry’s equivalent of the Oscars – has become synonymous with parties, booze and a certain [...]
Uber chief product officer Jeff Holden becomes latest to leave the ride-hailing app May 18, 2018 The chief product officer and front man for Uber’s flying taxi plans Jeff Holden is leaving the company to pursue other opportunities. Holden, who joined the company in 2014 after leaving Groupon, has been at the forefront of Uber’s new project Elevate and his resignation comes at a bad time for the project that now [...]
London’s technology powerhouse needs to look in the mirror and promise to do better April 19, 2018 As Facebook’s CEO Mark Zuckerberg took the hot seat in the US Congress to provide evidence on the Cambridge Analytica data scandal, the tech industry once again found itself under scrutiny, scorn, and suspicion. Was this the death of the stereotype of the eternally optimistic and ambitious tech entrepreneur? 2017 was cited as the annus [...]
Post-Weinstein can the legal sector change its secretive cover up culture March 25, 2018 In the less than six months since Ronan Farrow published his explosive New Yorker expose on movie mogul Harvey Weinstein, behaviour that would previously have been hushed up or talked about in whispers in the media and business world is now being exposed to the cold light of day. The legal sector is no different [...]
Legal boss sent sexually explicit messages to woman he approached as part of Christian outreach programme March 22, 2018 The boss of one the world’s largest law firms by revenue resigned this week after engaging in “communications of a sexual nature” with a woman he approached as part of a Christian outreach programme. Bill Voge, the chair of US law firm Latham & Watkins, resigned the from the $3bn (£2.14bn) firm this week as [...]
Investment banking worst for your health says giant survey of British bank employees March 15, 2018 Investment bankers think their jobs are the more damaging to their health than their counterparts in business or retail lending, according to a massive survey of British bank employees. Some 29 per cent of investment bank employees said their job is having a negative impact on their wellbeing, a poll of more than 36,000 bankers [...]
Harnessing tech can help break the glass ceiling March 1, 2018 While issues around diversity and inclusion have been well and truly thrust into the spotlight following a year of sexual harassment and gender pay inequality scandals, the numbers still paint a bleak picture. In the UK, there is still no single sector where women make up more than 33 per cent of total senior management [...]
Sexists in the City? Fewer than there were, but we can do better January 26, 2018 The Presidents Club will not be holding any more fundraising dinners, but the consequences of the last one will be felt for some time. The undercover expose by FT reporter Madison Marriage has been the talk of the Square Mile, with details emerging of women employed as “hostesses” at the event, only to be pressured [...]
‘Not the City I recognise’: Helena Morrissey launches dinner to rival the condemned Presidents Club fundraiser January 25, 2018 City veteran Dame Helena Morrissey has launched a rival dinner to the widely condemned Presidents Club charity fundraiser, at which a number of female waitresses were found to have been sexually harassed in an investigation earlier this week. Morrissey, head of personal investing at Legal & General Investment Management, has already garnered support from names [...]