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☆ UK regional airline Flybe ceases trading, cancels all flights
  + stars: | 2023-01-28 | by ( Mrinmay Dey James Davey | Mrinmay Dey | James Davey | ) www.reuters.com   time to read: +3 min
"Flybe has now ceased trading and all flights from and to the UK operated by Flybe have been cancelled and will not be rescheduled," it said. A spokesperson for administrators Interpath Advisory said about 75,000 Flybe customers had future bookings that would now not be honoured. Headquartered in Birmingham, Flybe operated flights on 21 routes to 17 destinations across the UK and Europe using a fleet of eight leased Q400 turboprop aircraft. A spokesperson for Interpath said 45 members of Flybe's 321-strong workforce had been retained for the time being. Louise Haigh, the opposition Labour Party's transport spokesperson, said Flybe's collapse was "devastating news" for staff and customers.
☆ Goldman Sachs just dropped the names of its biggest partner class since David Solomon took over as CEO. See the full list here.
  + stars: | 2022-11-09 | by ( Emmalyse Brownstein | Dakin Campbell | Alex Morrell | ) www.businessinsider.com   time to read: +4 min
David Solomon had been shrinking the size of Goldman's partner ranks to make it more exclusive. On Wednesday, the firm named 80 new partners, its largest class since Solomon became CEO in 2018. Goldman Sachs promoted 80 people to partner status on Wednesday, marking the largest class since David Solomon took over as CEO in 2018. Goldman's partner class has been steadily shrinking since David Solomon took over as CEO in 2018. Last year, Goldman gave its roughly 400 partners special one-time payments that added millions of dollars to their already generous year-end bonuses.
☆ Twitter could be a new wild card for the midterms
  + stars: | 2022-11-07 | by ( Brian Fung | ) edition.cnn.com   time to read: +10 min
CNN Business —For years, Twitter has been a leader in countering misinformation and protecting elections. But concerns are growing that tumult inside Twitter in the first week after it was acquired by Elon Musk could weaken its safeguards for elections, just before the midterms are set to take place. Musk promised not to alter any of Twitter’s content policies until after the midterms. He tweeted: “Going forward, any Twitter handles engaging in impersonation without clearly specifying ‘parody’ will be permanently suspended,” and without warning. The shakeup at Twitter has turned the company itself into an election wildcard.
☆ A Twitter employee quit his job to try to save his colleagues
  + stars: | 2022-11-06 | by ( Jyoti Mann | ) www.businessinsider.com   time to read: +2 min
Andrew Haigh says he resigned from his job at Twitter to try to help co-workers keep their jobs. The former curation lead said it "wasn't an easy decision" to quit but that it was "the right one." Haigh left Twitter after his last day on Friday after spending more than six years at the company. Andrew Haigh tweeted on Friday that he resigned after more than six years at Twitter so that his co-workers might be able to "keep their jobs." Musk tweeted on Friday that he had "no choice" as Twitter was losing more than $4 million a day.
☆ Days before the midterms, Twitter lays off employees who fight misinformation
  + stars: | 2022-11-04 | by ( Ben Collins | Https | Media-Cldnry.S-Nbcnews.Com Image Upload Newscms Brandy-Zadrozny-Circle-Byline-Template.Jpg | ) www.nbcnews.com   time to read: +8 min
Musk has said the company won’t allow anyone back on Twitter who was previously banned for at least a few more weeks. One current and two former employees were also concerned about a planned product that would allow Twitter users to buy verification badges. “Twitter isn’t prepared for that scale,” said one Twitter employee who survived Friday’s layoffs and asked to remain nameless because they were not authorized to speak publicly about internal company projects. The Twitter employee said that, as of the layoffs, the plan was that “there’s not going to be any verification of ID” to acquire a verification badge. “Now they’ve taken the brakes off the car.”One laid-off Twitter employee told NBC News that “the only saving grace is that he changes his mind on things all the time.”“There were some incredibly talented people who didn’t deserve this,” said a current Twitter employee.
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