News and analysis for the well-informed compliance or audit exec.
Annual Membership best value
Subscribe now for $365
Our lowest price ($1 per day) for one year.
- Chief Compliance Officer and VP of Legal Affairs, Arrow Electronics
By Neil Hodge2024-07-12T10:49:00
It’s been a trying time for staff at firms with redundancies, affecting morale as layoffs mount amid an effort to silence dissent in the ranks for those departing.
Last month, the Financial Times reported that PwC had launched a round of “silent layoffs” in the U.K. Affected staff had to stick to a “suggested wording” if they wanted to send colleagues goodbye messages, while any mention of why they were actually leaving needed to be strictly omitted.
Staff who were offered a package to leave were notified individually and informed they must not tell other staff if they accepted the offer, according to the FT. Additionally, FT reported they were told to follow a script provided by human resources extolling the benefits of working at the firm and the opportunities ahead if they wanted to send goodbye notes to colleagues.
THIS IS MEMBERS-ONLY CONTENT. To continue reading, choose one of the options below.
News and analysis for the well-informed compliance or audit exec.
Annual Membership best value
Subscribe now for $365
Our lowest price ($1 per day) for one year.
2023-06-02T17:46:00Z By Jeff Dale
Organizations must move beyond abstract theory and truly measure their compliance culture, a panel of experts discussed during Compliance Week’s 2023 National Conference.
2023-05-31T13:06:00Z By Aly McDevitt
A trio of panelists offered a framework and strategy for embedding ethical culture into organizations at Compliance Week’s 2023 National Conference.
2020-06-15T20:02:00Z By Aaron Nicodemus
As businesses begin to reopen, many companies are reassessing the furlough decisions they made in March. If you manage such employees, you would be wise to heed this advice.
2024-07-09T19:08:00Z By Ruth Prickett
Codes of ethics and conduct are becoming ubiquitous, yet instilling high standards of corporate integrity still seems an elusive goal. Why is corporate culture such a challenge?
2024-06-27T13:39:00Z By Adrianne Appel
Keeping track of regulations and understanding how they affect your business can be a hot mess without proper organization and collaboration, experts said at Compliance Week’s Women in Compliance Summit, held June 3-4, in Atlanta.
2024-06-14T12:08:00Z By Adrianne Appel
Attendees at Compliance Week’s Women in Compliance Summit discussed strategies for confronting bias against Black, indigenous, and people of color professional women working in compliance and risk.
Site powered by Webvision Cloud