The week in GRC will be taking a week off for the holidays. It will return on January 3. From all at Corporate Secretary, happy holidays and best wishes for 2020.
– Vox Media announced plans to cut 200 freelance positions for sports reporters based in California, as a result of a new law that was intended to improve working conditions for companies like Uber and Lyft, which rely heavily on contractors rather than employees, the New York Times reported.
The law will come into effect on January 1, 2020 and has been nicknamed ‘the Uber bill’. New Jersey legislators are also considering passing a similar bill. For Vox Media, the law means writers are restricted to contributing around 35 articles per year, a company spokesperson revealed.
– A former partner at Goldman Sachs has been barred from working in the financial industry for more than one year by securities regulators, after he pleaded guilty to money laundering and foreign bribery charges, the Times reported.
Tim Leissner did not contest the sentence handed out by the SEC, the NYT reported. Leissner had already agreed to give up $43.7 million when he pleaded guilty. It is alleged he played a role in a $6.5…
