CEO who called for 50% rise in unemployment walks back ‘deeply insensitive’ comments

Tim Gurner, whose comments about the need to increase unemployment to decrease workers’ “arrogance” drew furious backlash online, apologized in a LinkedIn post Thursday. “At the AFR Property Summit this week I made some remarks about unemployment and productivity in Australia that I deeply regret and were wrong,” the multimillionaire wrote. Gurner, who previously stoked …

‘We need to see pain’: CEO who blamed avocado toast for millennials’ financial struggles calls for unemployment to jump 50%—sparking outrage

Australian property developer Tim Gurner sparked backlash after remarking during the Financial Review Property Summit on Tuesday that “we need to see pain in the economy.” “People decided they didn’t really want to work so much anymore through COVID and that has had a massive issue on productivity,” Gurner said, adding that employees have been …

The Grammys’ CEO Offered Clarity After His Comment On The Viral AI Drake Song’s Award Eligibility Was Seemingly Misunderstood

Getty Image For weeks, the music was divided after a way of AI-generated songs began circling online. Rappers such as Kendrick Lamar and Lil Wayne verbalized that they weren’t in the least bit worried. However, things quickly took a turn when The Recording Academy, the organizers behind the Grammys, announced that these works would be …

Disney CEO Bob Iger Reportedly Refused To Give Bob Chapek His Office Because He Loved The Private Shower Too Much

Getty Image In February 2020, Disney CEO Bob Iger finally stepped down after walking back his plans to retire at least four times. His hand-picked replacement, Bob Chapek, would take the reins of the entertainment giant, only to watch his short run as CEO immediately smash up against the COVID pandemic just a few weeks …

Is Roblox Safe for Kids? Persona CEO Talks Age Verification (EXCLUSIVE)

Some parents are concerned whether the online multiplayer sandbox game ‘Roblox’ is safe for kids. We asked Persona CEO Rick Song for some insight. Source: Roblox Corporation A massively popular game, Roblox attracts players of all ages. The online platform is the host of plenty of games and experiences, from horror games like Doors and …

Airline CEO works a flight attendant shift and is 'astonished' at how 'challenging' it is

“Sometimes, you need to change perspectives in order to gain new insights!” is not exactly a sentence one might expect to hear from a corporate exec, but it is a philosophy that led Jens Ritter, CEO of German company Lufthansa Airlines, to taking on a shift as a flight attendant. In a post shared on …

‘It’s 10 am on a sunny weekday.’ The CEO of Uber Was Shocked by How Much a 3-Mile Ride Costs

Not a good look, pal…not a good look at all… I’m talking about Uber CEO Dara Khosrowshahi, who recently made waves when he admitted that he had no idea how much a 3-mile Uber ride costs these days in New York City. In fact, he wasn’t even close. Photo Credit: Wikimedia Commons In an interview …

Bryan Cranston Channeled Some Walter White Rage And Went All The Way Off On Disney CEO Bob Iger: ‘We Will Not Be Having Our Jobs… Given To Robots!’

Sony Pictures Television Emmy-winning actor Bryan Cranston unloaded on Disney CEO Bob Iger during a fiery speech at a SAG-AFTRA strike rally in Times Square. Iger has been under fire for his tone-deaf remarks shortly after the actors union voted to go on strike. SAG-AFTRA President Fran Drescher called out the Disney CEO by name …

Netflix CEO Ted Sarandos mocked for saying he was ‘raised in a union household’

Amid the Hollywood strikes, studio bosses are mostly doubling down on fearmongering and strike-breaking tactics. However, Netflix CEO Ted Sarandos just came forward with a surprising attempt at sympathy. In a statement about Netflix’s quarterly earnings, Sarandos emphasized his childhood “in a union household,” namechecking his father, a union electrician: “I remember his local because …

Fran Drescher Laid Into Disney CEO Bob Iger For ‘Terribly Repugnant’ Remarks About The Actors’ And Writers’ Strikes: ‘Lock Him Behind Doors’

Getty Image Bob Iger made himself the main villain of the SAG-AFTRA and WGA strikes thanks to the Disney CEO complaining that writers and actors are making demands that are “just not realistic.” Fran Drescher wasn’t having it. As president of SAG-AFTRA, Drescher took to the picket lines on Friday where she laid into Iger …

Costco CEO stuns young boy by responding to his email asking for help with school fundraiser

Imagine your 12-year-old son is helping take part in his school’s Valentine’s Day fundraiser. You’d probably be proud and encouraged at the way he’s getting involved and doing something good, right? Now imagine, as part of that effort, he decided to email the CEO of Costco, one of the most beloved big box retailers in …

Disney Plans to Stop Making So Many Marvel and ‘Star Wars’ Projects, CEO Bob Iger Says

Disney CEO Bob Iger revealed Thursday—just as the SAG-AFTRA strike kicked off—that the company will decrease the output of Marvel and Star Wars content in the wake of diminishing box office returns. In an interview with CNBC’s David Faber, Iger explained the decision is meant to address a “diluted focus and attention” among audiences and …