Amazon changes appraisal system: Wants employees to work ‘like’ CEO Jassy; what’s changing

Amazon is integrating its Leadership Principles into employee evaluations, impacting salary increases and performance plans. CEO Andy Jassy’s initiative aims to create a more disciplined workforce by combining adherence to these principles with performance and potential ratings. This move, part of broader industry trends, maintains Amazon’s stack-ranking system, facing scrutiny for its potential impact on…

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Prada-Kolhapuri row: Fashion giant to meet Maharashtra industry body; India seeks fair recognition, ethical collaboration

Prada is set to meet with the Maharashtra Chamber of Commerce to discuss a collaboration on a Kolhapuri chappal-inspired sandal line, following criticism for not crediting Indian artisans. The meeting aims to explore co-branded collections, skill development, and cultural exchange. MACCIA proposes a joint working group and a ‘Prada Artisan Excellence Lab’ to ensure ethical…

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US job market slowdown: Donald Trump’s tariffs, hiring freeze may weigh on employment; data signals rare private sector contraction

The US job market is showing signs of a slowdown, with expectations of only 115,000 jobs added in June, marking the weakest gain since early 2023. The unemployment rate is predicted to rise to 4.3%. Experts attribute this to President Trump’s trade tariffs, hiring freeze, and immigration policies impacting business confidence.

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