Balmain Announces Exit of Chief Marketing Officer Txampi Diz

DIZ AND THAT: Txampi Diz, Balmain‘s chief marketing officer since 2017, is to leave the Paris-based fashion house “to pursue other interests.” Balmain announced his departure in a brief press release. His next move could not immediately be learned. “Ever since my very first days here at Balmain, Txampi has always been an incredible partner, … Read more

Body Shop Canada to lay off 200 workers after parent company took its cash, court docs show

The Body Shop Canada Ltd. is seeking creditor protection and closing a third of its stores because its parent company stripped the Canadian arm of cash and pushed it into debt, according to court documents. An affidavit published through the company’s court monitor from Jordan Searle, who heads the Canadian arm, describes how troubles befell … Read more

Unleashing the secret power of marketing and HR collaboration

There are certain pairings that just seem custom-made for each other. Macaroni and cheese, fish and chips, cookies and cream, and, of course, peanut butter and jelly. There’s just something about these pairings—a sense of culinary synergy where the presence of each individual ingredient enhances the taste of the other. Or, as philosopher Aristotle would … Read more

Why HR is bad at layoffs

Last week, Brittany Pietsch had a bad feeling she was about to get laid off. So the Cloudflare employee composed herself and secretly pressed record. Her subsequent conversation with two members of Cloudflare’s human resources team went viral, with a number of viewers commending Pietsch for sticking up for herself after the HR employees told … Read more

TikTok owner ByteDance allows employees to cash in stock options earlier under new payroll policy

ByteDance, owner of global short video hit TikTok and its Chinese sibling Douyin, has adjusted its payroll policy to allow employees to sell their stock options faster, as plans for an initial public offering (IPO) remain in limbo. Under the new rule, applicable to ByteDance’s 110,000 employees worldwide, workers will receive 20 per cent of … Read more

Woman Goes Viral For Live-Recording Her Layoff, Talking Back

A TikToker is going viral after secretly recording herself getting remotely laid off from computer and network security company, Cloudflare. Brittany Pietsch recorded the nine-minute-long clip on January 12 after about four months with the company and said she knew that the layoff was most likely coming, which prompted her to start recording. But instead … Read more

Alibaba promotes millennials to key e-commerce leadership roles as it repositions to fend off rivals

Alibaba Group Holding is pushing millennials, typically defined as those born in the early 1980s to mid-1990s, to take key roles in the country’s largest online market, as the Hangzhou-based e-commerce giant repositions itself to fend off fierce competition from rivals such as PDD Holdings. The company’s Taobao and Tmall Group has promoted six young … Read more

McDonald’s eyes record global expansion in coming years, with more focus on delivery

McDonald’s is expecting to go through a growth spurt. The Chicago-based burger giant wants to establish thousands of new locations around the globe in the next few years, aiming to have 50,000 locations operating by 2027. That’s up roughly 25 per cent from more than 40,000 McDonald’s locations in operation today. The company says its anticipated expansion would represent the … Read more