Companies in North America and Europe plan to give more employees an equity stake in their businesses to help retain talent amid a pandemic-induced"Great Resignation", a survey showed on Wednesday.
As concerns about wealth inequality grow amid an energy crunch and cost of living crisis, sharing profits could also have a positive impact on wider society. Of the companies surveyed, 50 shared their budget for long-term incentive plans, worth a combined $6.6 billion.
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Twitter CEO tells employees company is in the dark over future under Musk(Reuters) -Twitter Inc Chief Executive Parag Agrawal told employees on Monday that the future of the social media firm is uncertain after the deal to be taken private under billionaire Elon Musk closes. Musk will join Twitter staff for a question-and-answer session at a later date, the company told employees. As Agrawal listened to staff questions about Musk's plans for the company, the possibility of layoffs and the board's rationale for the deal, he deferred many questions as ones that should be asked of Musk.
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