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XPO shareholders reject executive pay plan 12 May 2021 Press Release The vote follows revelations from unions that money that XPO took as UK furlough payments was received around the same time that executive pay was boosted. Unions have welcomed the decision of shareholders at XPO Logistics to reject a highly controversial executive pay proposal. At its annual general meeting held online earlier today (Tuesday 11 May) in the United States, shareholders of XPO Logistics rejected the company’s ‘Say-on-Pay’ proposal. This was in response to XPO’s chief executive officer...

UNIONS have condemned the boss of logistics giant XPO for taking a multimillion-pound bonus despite the company receiving furlough support. The $80 million (£57m) Covid-19 pandemic bonus to US chief executive Bradley Jacobs comes amid growing scrutiny into “pandemic profiteering.” Analysis of government figures show that XPO claimed at least £3.28m in furlough payments in December and up to £10.5m in February, Unite and GMB said. If this figure is averaged over the entire period of the furlough scheme to date, then XPO would have received more than £100m, with the company potent...

Uber signing up another 20,000 drivers as lockdown begins to ease 29/04/2021, 12:07 am Ride-sharing app Uber has revealed plans to sign up another 20,000 drivers as demand begins to ramp up following the reopening of outdoor dining (Laura Dale/PA) Ride-hailing giant Uber has revealed plans to sign up another 20,000 drivers as demand begins to ramp up following the reopening of outdoor dining. The firm said it aims to have the new drivers on board by the end of the year under the recruitment drive that will boost its driver network to 90,000 in the UK. It comes as the group reported a more th...

Ride-hailing giant Uber has revealed plans to sign up another 20,000 drivers as demand begins to ramp up following the reopening of outdoor dining.

Uber aims to sign up 20,000 more drivers by the end of 2021 as demand increases The cab hailing app expects the rest of the year to be busy after a 50% increase in demand when outdoor hospitality reopened Updated Get the latest Sunderland news and updates delivered straight to your inbox Invalid EmailSomething went wrong, please try again later. Subscribe When you subscribe we will use the information you provide to send you these newsletters. Your information will be used in accordance with ourPrivacy Notice. Thank you for subscribingWe have more newslettersShow meSee ourprivacy notice Uber...