Recruitment

HSBC’s gender and Black pay gaps got bigger in 2022

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HSBC’s pay gap for female and Black employees in the UK increased last year, despite a focus on recruiting more senior staff. The UK lender’s average gender pay gap for UK employees in 2022 was 45.2%, according to figures in its annual report, up from 44.9% a year earlier. Meanwhile, the pay differential for Black employees … Read more

Meta and Google Are Cutting Staff. Just Don’t Mention Layoffs.

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In response to stalling growth and intense competition, Meta META -0.14% Platforms Inc. executives have spoken of cost cuts, hiring freezes and “ruthless prioritization.” One word the company hasn’t used: layoffs. But Meta has begun quietly nudging out a significant number of staffers by reorganizing departments and giving affected employees a limited window to apply … Read more