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Chase Bank Limits Cash Withdrawals, Bans International... Before you read this report, remember to sign up to for 100% free stock alerts Chase Bank has moved to limit cash withdrawals while banning business customers from sending...

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Richemont chairman Johann Rupert to take 'grey gap... Billionaire 62-year-old to take 12 months off from Cartier and Montblanc luxury goods groupRichemont's chairman and founder Johann Rupert is to take a year off from September, leaving management of the...

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Cambodia: aftermath of fatal shoe factory collapse... Workers clear rubble following the collapse of a shoe factory in Kampong Speu, Cambodia, on Thursday

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Spate of recent shock departures by 50-something CEOs While the rising financial rewards of running a modern multinational have been well publicised, executive recruiters say the pressures of the job have also been ratcheted upOn approaching his 60th birthday...

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UK Uncut loses legal challenge over Goldman Sachs tax... While judge agreed the deal was 'not a glorious episode in the history of the Revenue', he ruled it was not unlawfulCampaign group UK Uncut Legal Action has lost its high court challenge over the legality...

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Judge to CMEA Capital: No arbitration for you

Category : Business, Stocks

Sexual harassment case against VC firm can proceed.

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Members of Congress demand fuller explanation of Petraeus affair – Los Angeles Times

Category : Stocks

The Hindu
Members of Congress demand fuller explanation of Petraeus affair
Los Angeles Times
Members of Congress demand fuller explanation of Petraeus affair. A Florida woman is identified as the person who complained to the FBI about emails from CIA Director David Petraeus' biographer, Paula Broadwell, exposing his affair and leading to his
Tampa woman identified as source of FBI's Petraeus probeReuters
Petraeus revelation began as cyber-harassment (blog)
FBI under gun on PetraeusPittsburgh Post Gazette
Houston Chronicle (blog)

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Spoofs, lies and re-tweet japes

Category : Business, World News

The fine line between parody posts and harassment lawsuits

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France Telecom boss faces judicial inquiry into workplace bullying

Category : Business

Didier Lombard quit post after criticism of his handling of a spate of suicides among employees

The former chief executive of France Telecom has been placed under formal judicial investigation over workplace bullying after a spate of suicides at the phone company and its subsidiary Orange, in what could become a landmark criminal trial.

Didier Lombard stepped down as head of the company in 2010 amid criticism of his handling of the suicide crisis; about 35 staff killed themselves in 2008 and 2009.

Unions had blamed a culture of bullying that permeated the company and made a mockery of the slogan: “The future is bright, the future is Orange.”

Harrowing details emerged of the mental anguish of staff who killed themselves, including one who set himself alight in front of his office in western France. Some workers left notes blaming unbearable work pressure, bullying and “management by terror” while scores of other staff, from senior technicians to staff who worked processing bills, were saved as they attempted to kill themselves. One worker was found unconscious after taking an overdose at her desk.

Unions complained of a culture of fear and depression, where managers did not take staff mental health seriously. Some union officials said the company had intentionally created a stressful work environment to push employees into quitting in order to reduce its labour force and thereby cut costs.

During the crisis over the number of staff deaths, Lombard caused outrage by referring to it as a “suicide trend”. He is now accused of advocating tough management practices amounting to psychological harassment.

The legal case is a first in France because Lombard is not being singled out for personally targeting individuals but for presiding over a collective managerial bullying approach that spread across the company. It is the first time a French chief executive has been placed under judicial investigation in a workplace bullying case.

Other senior staff are to be interviewed by judges as unions wait to see if the company, a former state-owned monopoly which is now in private hands, will be held responsible for the workers’ deaths.

“I forcefully reject the idea that [restructuring] plans vital to the survival of the company might have been the cause of human tragedies,” Lombard has written in Le Monde newspaper, saying he was innocent.

Lombard’s lawyer said: “Mr Lombard is being accused of harassment against people that he never met. That is a stunning accusation.”

In February 2010, government labour inspectors said a restructuring plan that sought to reduce the company’s headcount by 22,000 and put 10,000 other workers in new positions had a “pathological effect” on staff morale.

One worker in Troyes was so desperate over the pressure of forced moves that he stabbed himself in the stomach during a meeting. Others killed themselves at their workplace, some in the middle of the working day.

One 51-year-old who had a senior job working on Orange’s networks wrote before his death that the “only reason” he killed himself was work: “I have become a wreck,” he wrote.

Call centre workers said they had to ask permission to go to the toilet and file a written explanation for going one minute over a lunch break. Senior staff described being subjected ti bullying and being repeatedly forced to move job.

The long-running judicial investigation is being followed closely in France, where unions are particularly sensitive to workplace suicides after patterns of staff taking their own lives at car makers Renault and Peugeot and the electricity company EDF in recent years.

Two other former senior executives at France Telecom have been summoned by investigating magistrates.

Firm accuses CAB of harassment

Category : Business

A firm that sues shoplifters on behalf of retailers accuses a Citizens Advice Bureau official of organising a campaign of harassment against it.

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China dissident says family being abused

Category : World News

Chen Guangcheng telephones US Congressional hearing from Beijing hospital to raise concerns about harassment of family.

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Stand Up Against Debt Collector Harassment

Category : World News

You don’t have to tolerate unscrupulous debt collectors, an attorney can help put a stop to harassment.

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‘Coming Out’ on Wall Street

Category : Stocks

NEW YORK (TheStreet) — You know pop culture’s come a long way when Ellen’s coming-out party can be, primarily, a marketing event. But Wall Street still looks like it is far from seeing the earnings potential of gay people. Because on much of the Street, still, people can be openly gay only at risk to their careers.

The scandal at Lew Lieberbaum & Co. isn’t the only case of alleged abuse on Wall Street. At Cantor Fitzgerald’s L.A. offices, suspicions about one (now ex-) employee’s sexuality allegedly led to invidious harassment.

And a warning to the faint of heart:

Continued here: ‘Coming Out’ on Wall Street

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