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The company's finance directors concealed large debts. MG Rover Group: United Kingdom: 15 April 2005: Automobiles: After diminishing demand, and getting a £6.5m loan from the UK government in April 2005, the company went into administration. After the loss of 30,000 jobs, Nanjing Automobile Group bought the company's assets. Bayou Hedge Fund Group
The company stated that employees would receive "a nice Thanksgiving dinner at work", extra "holiday pay", and 25% discount off one purchase, regardless of how many items are purchased at that time. [137] According to the Cleveland Plain Dealer, the extra holiday pay equaled the average daily shift the employee worked during the previous two ...
In a recent 10,000-comment thread, Redditors shared a list of the country's most unethical companies that somehow fly under the radar.
Ridesharing companies are regulated in many jurisdictions and the Uber platform is not available in several countries where the company is not able or willing to comply with local regulations. Other controversies involving Uber include various unethical practices such as aggressive lobbying and ignoring and evading local regulations.
People have always been eager to know the 10 most hated companies in America in 2020. The reason is simple: if it is ever possible to dislike or hate some people for real or imagined reasons, then ...
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Banks issue U5 documents to departing employees, a record of any misbehavior or unethical conduct. [40] Wells Fargo issued defamatory U5 documents to bankers who reported branch-level malfeasance, indicating that they had been complicit in the creation of unwanted accounts, [ 40 ] a practice that received media attention as early as 2011. [ 41 ]
Starbucks' footprint in the United States, showing saturation of metropolitan areas. Some of the methods Starbucks has used to expand and maintain their dominant market position, including buying out competitors' leases, intentionally operating at a loss, and clustering several locations in a small geographical area (i.e., saturating the market), have been labeled anti-competitive by critics. [14]