Former SAP CTO Jürgen Müller received a €7.1 million payout after leaving the company following a harassment incident at a company event. SAP executives Scott Russell and Julia White also departed with significant severance packages, while the company reported strong financial performance with cloud revenue reaching €29.96 billion in 2024. The company's share value increased by 50% over the year.
Florida insurance companies reported losses while their parent companies and affiliates made billions in profits between 2017-2019, according to a previously unreleased 2022 study. The report reveals executives distributed $680 million in dividends and diverted billions to affiliate companies, potentially violating state regulations. State regulators are now pushing for more oversight and changes to how insurers pay affiliates.
Tesla faces widespread protests across North American stores amid declining sales and growing internal dissent. Employees and senior managers have expressed concerns about Elon Musk damaging the company's brand and mission, with some suggesting his resignation would benefit Tesla. Despite growing discontent, most criticism remains private due to fears of retaliation.
Former employees of a newly public company seek advice regarding an unusual RSU settlement process requiring cash prepayment of taxes, with potential forfeiture if not paid by March 2025. The situation involves complex tax calculations, different treatment between current and former employees, and restricted selling periods raising concerns about standard practices and alternative solutions.
USPS announces temporary suspension of inbound parcel acceptance from China and Hong Kong starting February 4, 2025, while letter and flat mail services remain unaffected.