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France Wants Workers To Work One Day For Free

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France is considering a controversial measure to address its strained national budget, with lawmakers proposing that citizens work an additional seven hours per year without pay. However, the proposal could still be rejected during the final stages of the 2025 budget negotiations. billion euros ($2.63

2025 279
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The UK’s Plan To Strengthen Its Workforce: Improve Their Mental Health

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One notable proposal in the policy paper is a “youth guarantee,” which promises education, training, or job opportunities to every person between the ages of 18 and 21. He pointed out that the finance minister had recently raised employers’ social security contributions, which, he argued, could make it more expensive for companies to hire.

Health 264
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Creditors Pressure WeWork to Evaluate Neumann’s Flow Proposal During Bankruptcy Challenges

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However, according to a report published by The Real Deal , WeWork’s unsecured creditors, including many of its landlords, allege that the bankruptcy cases are at a dramatic point. It’s reported that the unsecured creditors claim WeWork has not secured the necessary financing to successfully exit bankruptcy.

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UltraSoftBIS Delivers Seamless API Integration with Access Financial Management Software

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UBCUK Flexible Offices, an UltraSoftBIS customer with 16 locations in the UK, needed a solution to streamline the transfer of financial data ensuring that invoices and client details were accurately and automatically imported into their Access finance system without any user intervention. Attwood added, Accuracy is important.

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WeWork’s Ex-CEO Neumann Slams Post-Bankruptcy Strategy, Calling Projections “Unsustainable”

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Moreover, SoftBank would still own at least 16.5% — with the potential for it to increase to 36% under the new deal. The proposal is reported to have backing from most owners of WeWork’s $4 billion in senior debt and a committee of unsecured creditors. Sherwood to reject the reorganization proposal.

Finance 264
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WeWork’s Updated Bankruptcy Exit Strategy: Yardi Takes 60% Stake, SoftBank’s Role Diminished

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which covers the majority of the coworking giant’s $450 million bankruptcy exit plan. According to WeWork, “Securing this financing demonstrates the support and confidence in WeWork’s business model and value proposition from its largest stakeholders.

Finance 264
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Way Beyond The 9-to-5: Could A 70-Hour Workweek Ever Be A Good Thing?

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While there’s been much talk about the sought-after four-day workweek, or even the five-day, 32-hour workweek, have you heard of the proposed 70-hour workweek? In sectors known for their high-stress environments, like finance and technology startups, it’s not uncommon for employees to work between 60 and 100 hours per week.

Payroll 287