Nervous employees, no bankers: Western companies struggle to get out of Russia

HELSINKI (Reuters) – For foreign companies still figuring out what to do with their stranded Russian assets, President Vladimir Putin’s seizure of a major oil and gas project is a dire warning: move fast or otherwise. Companies have been grappling with how to come up with ways that limit financial impact, don’t put employees at … Read more

Exclusive: Meta cuts hiring plans, tries to weather ‘ferocious’ headwinds

June 30 (Reuters) – Meta Platforms Inc., owner of Facebook (META.O) Mark Zuckerberg, chief executive, has cut plans to hire engineers by at least 30% this year, as he warned them to prepare for a deep economic downturn. “If I had to bet, I’d say this could be one of the worst recessions we’ve had … Read more

Legal clashes await US companies that cover workers’ abortion costs

Abortion rights advocates protest earlier than the US Supreme Courtroom the day after the Supreme Courtroom ruling in Dobbs v. Girls’s Well being Group for Abortion, overturning the landmark Roe v. Wade abortion resolution, in Washington, US, June 25, 2022. REUTERS/Elizabeth Frantz Register now to get free limitless entry to Reuters.com Register June 26 (Reuters) … Read more