Walmart should be banned in Asia
No Evidence? Smear enuff though
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Walmart’s Flipkart CEO Steps Down in Wake of Misconduct AllegationsWalmart said the chief executive of Flipkart Group, its Indian e-commerce business, has resigned following an independent investigation into alleged personal misconduct that Walmart said he “strongly denies.” Independent of what? I guess he can buy one of the Andaman or Lakshadweep islands and chill🤔 metoo sorry 'Mainbhee
Source: WSJ - 🏆 98. / 63 Read more »
Walmart's Flipkart CEO resigns amid allegations of 'serious personal misconduct'Walmart Inc.'s Flipkart Group, an India-based e-commerce company, disclosed Tuesday Chief Executive Binny Bansal has resigned, effective immediately. The resignation comes after an independent investigation into allegations of "serious personal misconduct." The company said Bansal "strongly denies" the allegations. "While the investigation did not find evidence to corroborate the complainant's assertions against Binny, it did reveal other lapses of judgement, particularly a lack of transparency, related to how Binny responded to the situation," Walmart and Flipkart said in a statement. "Because of this, we have accepted his decision to resign." Walmart had agreed in May to buy Softbank Group Corp.'s stake in Flipkart for $16 billion. Walmart's stock fell 0.6% in premarket trade. It has soared 16% over the past three months through Monday while the Dow Jones Industrial Average has gained 0.8%.
Source: MarketWatch - 🏆 3. / 97 Read more »
J.Crew CEO James Brett steps down after just 17 monthsJ.Crew CEO James (Jim) Brett took the lead at the company in June 2017. He suggested they make 35-34 sized pants available off the rack and that was all it took. We can't have that in men's apparel.
Source: BusinessInsider - 🏆 729. / 51 Read more »