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2027 will be Nigeria’s best election yet, INEC Chair assures Nigerians
Politicsvanguard-ng2d ago

2027 will be Nigeria’s best election yet, INEC Chair assures Nigerians

By Joseph Erunke ABUJA — The Chairman of the Independent National Electoral Commission (INEC), Prof. Joash Amupitan, SAN, has pledged that the 2027 general elections will be the best in Nigeria’s history, citing sweeping reforms introduced by the Electoral Act 2026. Speaking at a Citizens’ Town Hall Meeting themed “What It Means for Your Vote […] The post 2027 will be Nigeria’s best election yet, INEC Chair assures Nigerians appeared first on Vanguard News.

Lloyds investigates use of staff banking data in pay talks
BusinessThe Guardian16d ago

Lloyds investigates use of staff banking data in pay talks

CEO Charlie Nunn tells staff that issue ‘created some concern’ but insisted ‘we definitely have listened to it’ Business live – latest updates The boss of Lloyds Banking Group has told staff that it is investigating a controversial decision to use employee bank account data during pay talks with unions last year. In a town hall meeting open to the bank’s 64,000 staff at the start of February, Charlie Nunn conceded that the move “obviously has created some concern” but tried to assure workers that “we definitely have listened to it”. Continue reading...

Read the memo: Tesla rival Lucid cuts 12% of its US workforce as EV winter takes hold
BusinessBusiness InsiderYahoo12d ago2 sources

Read the memo: Tesla rival Lucid cuts 12% of its US workforce as EV winter takes hold

Lucid launched its latest EV, the Gravity SUV, last year. Josh Lefkowitz/Getty Images EV startup Lucid Motors is cutting 12% of its US employees as demand for electric vehicles plummets. CEO Marc Winterhoff told staff on Friday that the cuts were necessary as Lucid attempts to become profitable. The US is facing an EV winter as sales plummet and manufacturers pull back their electric vehicle plans. Tesla rival Lucid is slashing its workforce as the EV winter tightens its grip. EV startup Lucid is cutting 12% of US employees, according to an email interim CEO Marc Winterhoff sent to unaffected employees on Friday, which Business Insider has seen. Winterhoff said the cuts would exclude hourly production employees in manufacturing, logistics, and quality. "This difficult but necessary decision was made to improve organisational effectiveness and optimize our resources as we continue on our path toward profitability," he wrote. It comes as Lucid faces a difficult environment for EV makers amid an industry-wide downturn, with sales plummeting following the end of the $7,500 tax credit in September. In its most recent earnings report in November, the company reported a net loss of nearly $1 billion. Lucid reports Q4 earnings next week. A Lucid spokesperson told Business Insider the cuts would not impact the company's hourly production workforce in Arizona, adding that the cuts were designed to "streamline" the organisation as it seeks long-term growth and margin improvement. "We are grateful for the contributions of all impacted employees and are providing resources, benefits, and support to assist them through this transition," they said. Read Lucid CEO Marc Winterhoff's full memo: Team; Today I want to share an important business update. We have implemented a 12% reduction of our U.S. workforce, excluding hourly production employees in manufacturing, logistics, and quality. This difficult but necessary decision was made to improve operational effectiveness and optimize our resources as we continue on our path toward profitability. If you are receiving this message, your role is not impacted. We are streamlining our organization so we can operate with greater efficiency and deliver on our commitments to gross margin improvement and long-term growth. We will continue to evaluate our day-to-day work to ensure that our time, energy, and resources remain focused on the initiatives that drive the greatest impact. This disciplined approach to execution is a core operational imperative for Lucid. Importantly, today's actions do not affect our strategy. Our core priorities remain unchanged, and we continue to focus on the start of production of our Midsize platform. With disciplined execution, we are also focused on further expansion into the robotaxi market, continued ADAS and software development, and growth in sales of Lucid Gravity and Air across existing and new geographies. Saying goodbye to colleagues is never easy. We are grateful for the contributions of those impacted by today's actions, and we are providing severance, bonus, continued health benefits, and transition support to help them through this period. As we move through today, I ask everyone to treat one another with empathy, professionalism, and respect, recognizing the personal impact these changes have on our teammates. To sustain and build on progress made in 2025, we must remain focused, operate with discipline, and execute with urgency. I know we are asking a great deal of our team, and I sincerely appreciate your continued commitment, resilience, and professionalism. I will address today's actions and answer questions during Monday's Town Hall. As always, you may presubmit your questions on The Hub. Warm regards, Marc Are you a Lucid employee or former employee with a story to share? Get in touch with this reporter at tcarter@insider.com. Read the original article on Business Insider

NSW police end restriction on protests now Israeli president has left the country
PoliticsThe GuardianThe Independent15d ago2 sources

NSW police end restriction on protests now Israeli president has left the country

Widespread allegations of police brutality followed a rally outside Sydney’s Town Hall on 9 February against visit by Isaac Herzog The New South Wales police commissioner has ended a restriction on protests that effectively banned marches in designated areas now that Israeli president Isaac Herzog has left Australia. On Tuesday, Mal Lanyon announced the restriction would cease, meaning protester organisers can once again use the form 1 system to facilitate marches with police, without the risk of being arrested in the CBD and the eastern suburbs. Continue reading...