Tags: Department

Shell plans 400 job cuts at Dutch projects and technology department

Royal Dutch Shell Plc plans to cut more than 400 jobs in the Netherlands, mainly at its major projects and energy technology operations, as the oil giant shifts its business model in response to lower oil prices, according to an internal document seen by Reuters. The world’s second-largest oil company by market capitalization said in…

US Labor Department, Invesco Trust in Atlanta reach settlement to compensate investors for undisclosed losses Settlement restores more than $ 10.2M to investors WASHINGTON – The U.S. Department of Labor’s Employee Benefits Security Administration has reached a settlement agreement with a subsidiary of Invesco Ltd., an Atlanta-based investment management firm. Invesco Trust Company agreed to…

US Department of Labor sues Silicon Valley tech company for discriminating against Asian job applicants PALO ALTO – The U.S. Department of Labor has filed a lawsuit charging that Palantir Technologies, a Palo Alto technology company, discriminated systematically against Asian job applicants in its hiring process and selection procedures. Filed with the department’s Office of…

US Labor Department sues Bridgeport Health Care Center Inc., executive for diverting nursing home retirement plan assets improperly Lawsuit also alleges unsecured $ 3.8M loan by defendants HARTFORD, Conn. – The U.S. Department of Labor has sued a Bridgeport nursing home and its chief officer alleging that they diverted millions of dollars from the company’s…