DiCaprio-Backed Film Says Key Beef Supplier to the US Has a Dirty Secret
Nicaragua’s beef industry is under fresh scrutiny with a documentary backed by actor Leonardo DiCaprio, which claims that
2023-08-11 21:22
Elon Musk calls working from home ‘morally wrong’
Elon Musk faced backlash for arguing that people who worked from home were “morally wrong” because it was unfair to those who could not work remotely. In an interview with CNBC’s David Faber on Tuesday, Mr Musk described the people working remotely as “laptop classes”, saying that the issue extended beyond productivity concerns. He likened the concept of working from home to a quote often attributed to Marie Antoinette, the last queen of France before the French Revolution. “I think that the whole notion of work from home is a bit like the fake Marie Antoinette quote, ‘Let them eat cake’,” Mr Musk said. “It’s not just a productivity thing. I think it’s morally wrong.” Mr Musk criticised the hypocrisy of expecting service industry workers to go to work while others had the privilege of working from home. “Get off the goddamn moral high horse with the work-from-home bulls**t,” he said. “People building the cars, servicing the cars, building houses, fixing houses, making the food, making all the things that people consume. It’s messed up to assume that, yes, they have to go to work, but you don’t” he said. “It’s not just a productivity thing, I think it’s morally wrong.” The tech mogul has been a fierce advocate of return-to-office policies. He imposed a strict policy in Tesla in June 2022, warning employees that they would lose their jobs if they did not comply. The policy required employees to spend a minimum of 40 hours in the office a week and anything less would be “phoning it in”. “The laptop class is living in la-la land,” he said. Mr Musk’s comments on work-from-home culture generated a divided response on the internet, with many lashing out at him. “Being one of the world’s richest man, @elonmusk sounded tone deaf when he himself expects ppl to eat cake rather than share his wealth. @davidfaber just sounds like a boomer with his ‘productivity’ whining. Ppl are as productive and engaged working from home - if not more,” a Twitter user said. Another user, Lora Kolodny, pointed to another CNBC report which said Tesla will carve out deals for “exceptional” employees amid the company’s hardline policy to return to work. The report, which cited sources, said Tesla was struggling to bring all its employees back to the office due to a lack of resources. “Uhhh - REALLY!? Because as far as I know, Tesla and Twitter under Musk’s management will grant ‘exceptional’ employees right to work from home. Memba this?” Ms Kolodny said. In the hour-long interview, Mr Musk also said he did not care for the consequences of his unfiltered and unabashed views on Twitter even if it meant incurring financial losses. “I’ll say what I want to say, and if the consequence of that is losing money, so be it,” he said. He added that Twitter will attempt to rehire some of its staff after dramatically firing employees following his controversial takeover of the microblogging platform. He acknowledged that the job cuts were too deep. “Desperate times call for desperate measures… Unfortunately, if you do it fast, there are some babies who will be thrown out,” Mr Musk said, adding there is a possibility of rehiring people who were let go. Read More Lawsuit filed against Twitter, Saudi Arabia; claims acts of transnational repression committed Elon Musk subpoenaed by US Virgin Islands in Jeffrey Epstein lawsuit Linda Yaccarino: How Elon Musk may have hired his biggest critic to head Twitter AI pioneer warns UK is failing to protect against ‘existential threat’ of machines Elon Musk announces Linda Yaccarino as new CEO of Twitter How Elon Musk may have hired his biggest critic
2023-05-17 13:54
Gold Billionaire Sawiris Eyes Stake in $7 Billion Reko Diq Mine
Egyptian billionaire Naguib Sawiris, who has forged a fortune in telecom and gold, is eyeing an investment in
2023-10-16 12:49
Allianz Warns Pimco Flows ‘Shaky’ as Investors Assess Rates
Allianz SE Chief Executive Officer Oliver Baete plans to push deeper into alternative asset classes such as real
2023-06-30 15:27
Binance, SEC reach agreement to keep US customer assets in country
Binance and the US Securities and Exchange Commission reached an agreement to avoid a full asset freeze of the platform in the US and keep customer assets in the United States, after a US district judge signed off on a consent order filed Saturday.
2023-06-19 02:59
Working From Home Becomes a Once-a-Week Treat for More Office Goers
A small but growing list of big-name companies like BlackRock Inc., Walt Disney Co. and Chipotle Mexican Grill
2023-06-16 19:17
Bain, Abu Dhabi Buy Stake in CI Financial’s US Wealth Unit
Canadian asset manager CI Financial Corp. is selling a 20% stake in its US wealth management unit to
2023-05-11 21:53
Customers of Deutsche Bank units lodge surge in complaints, consumer group says
By Tom Sims FRANKFURT Customers of two Deutsche Bank units have lodged a surge in complaints with Germany's
2023-10-23 06:21
Dorries Finally Quits UK Parliament With Fierce Attack on Sunak
Former Culture Secretary Nadine Dorries savaged Prime Minister Rishi Sunak in an excoriating resignation letter, as she finally
2023-08-27 04:59
Liberia’s Boakai Closes In on Presidency With Most Ballots Tallied
Liberia’s President George Weah conceded defeat as opposition leader Joseph Boakai took a commanding lead in a runoff
2023-11-18 08:55
Mark Zuckerberg's Fortune Grew $44 Billion This Year, Most Among Billionaires
Mark Zuckerberg was all-in on the metaverse last year, willing to spend whatever it took to dominate virtual
2023-05-20 04:56
South Africa’s Kganyago Sticks with Hawkish Tone on Inflation
South African Reserve Bank Governor Lesetja Kganyago acknowledged that inflation has eased, but stressed it was premature to
2023-10-05 15:48
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