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Klaus Schwab, founder of the World Economic Forum (WEF), resigned as chair on April 21, 2025, stating he was entering his 88th year. Following his resignation, allegations of financial and ethical misconduct surfaced, including misuse of WEF funds for personal expenses and improper employee treatment. After receiving a whistleblower letter, the WEF launched an independent investigation into these claims, which was supported unanimously by its board.
Home and hybrid working models have gained significant traction recently due to the global pandemic. While many employees appreciate these arrangements' flexibility and work-life balance, companies often grapple with several concerns. Let's explore the reasons behind businesses' scepticism towards remote and hybrid work structures.
In recent years, remote work has gained significant traction, particularly accelerated by the global pandemic. While many companies have embraced this shift, examining the negative costs associated with home working is essential. These costs can manifest in various forms, affecting productivity and employee engagement.
In recent years, many companies have faced a significant challenge: returning home workers to the office. A notable shift in employee preferences emerged as the world adapted to remote work during the pandemic. Let's explore the various aspects of this ongoing struggle, examining the reasons for resistance and companies' strategies to encourage a return to the traditional workplace.
In a significant shift towards enhancing workplace attendance, PwC, has announced implementing a monitoring system for its employees. This initiative aims to ensure that employees adhere to the company's new hybrid working model, which requires at least three days in the office each week.
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