May 12

IT chiefs handle cuts sensitively

first_img Comments are closed. More than half of UK directors in the IT sector prefer to communicate newsof redundancies to staff through an informal meeting between manager andemployee. Research by RHI Consulting finds the next most popular method of informingstaff about lay-offs is by using formal group meetings, with 36 per cent ofemployers choosing this approach. Only 6 per cent of directors advocate using memos to inform staff about joblosses. Phil Sheridan, area manager at RHI Consulting, said: “Recent lay-offsin the IT sector have caused an atmosphere of caution and directors have becomeincreasingly sensitive to the way bad news is communicated.” The study, based on a survey of 1,100 HR, financial and general directors incharge of recruiting IT professionals, also reveals 65 per cent of employersthink the use of temporary staff will rise. Only 12 per cent of respondents expect the use of temporary staff todecrease. Related posts:No related photos. Previous Article Next Article IT chiefs handle cuts sensitivelyOn 5 Mar 2002 in Personnel Todaylast_img read more

May 12

People focus boosts bank’s fortunes

first_img Comments are closed. People focus boosts bank’s fortunesOn 5 Oct 2004 in Personnel Today Thefocus of Barclays’ chief executive on people policies helped the bank recoverfrom its financial woes of the late 1990s, according to its most senior HRprofessional.MattBarrett was brought in by Barclays in 1999. The bank had fallen to 22nd place inthe global banking market from a high of fourth position, and the previouschief executive had just been fired in the middle of a board meeting.HisHR background meant he was aware that focusing on people and culture was thekey to turning Barclays around, said Gary Dibb, chief administration officer.”Forthe first two years, Matt was on a constant circuit talking to employees,”he told delegates at the Economist HR Directors’ European Summit. “If anemployee had an idea that worked, they would get a personalised letter or phonecall from the chief executive.”Barrett’sfirst target of cutting costs by £1bn meant that HR spend was slashed by 39 percent. But he also changed the culture. Barclays consisted of four highlyautonomous businesses -retail banking, Barclays Capital, Barclaycard andPrivate Banking – which rarely communicated with each other.”Wemade big changes to the 10-strong executive committee,” said Dibb. “There was also lotsof movement between businesses, breaking down the silos.” Previous Article Next Article Related posts:No related photos.last_img read more

May 3

Sub-fusc tour auction

first_imgAn enterprising Oxford graduate has attempted to sell a special tour of Oxford online. The person set up an online listing on eBay, and advertised a “Day in the Life of an Oxford student”, showing the self-named “auctionwilliam”, clad in sub-fusc. He promised afternoon tea at the Grand Café, punting and even access to lectures and “exclusive parts of Colleges”. He recommended his services as being “ideal for foreigners”. Nobody hasARCHIVE: 1st week TT 2004last_img

April 21

Gordon Polson, director, the Federation of Bakers

first_imgRising food prices are never far from the headlines these days with wheat playing a pivotal role in cost increases and providing a focus for the media.The current hike in food costs are being caused by the growing world population, as well as growing global prosperity in countries such as China and India, where there is increasing demand for food. The use of agricultural crops for energy and industrial purposes is also having an impact.Poor harvests this season in Canada, Australia and Eastern Europe have led to an increase in the cost of wheat – prices have already risen 100% in the past 12 months and this trend looks set to continue for the foreseeable future. This has led to a much-publicised increase in the price of bread, but also to an increase in the cost of grain-fed meat and other foodstuffs, such as eggs. The effect has not only been felt in the UK. In Italy there have been widespread protests about the rising cost of pasta.Although everyone is aware that growers and producers are facing increased production costs, food retailing remains a fiercely competitive business. But we must remember that it is not possible for bakers to simply absorb the increased costs. It is inevitable that they must be recovered.Today, food is more affordable than ever. Sixty years ago, the average British family spent over one-third of its income on food; this has now dropped to less than one-tenth.last_img read more

March 2

Watch The Full Claypool Lennon Delirium Performance From Outside Lands 2016

first_imgEasily one of our favorite groups to emerge out of 2016 was The Claypool Lennon Delirium, a prized collaboration between Primus’s Les Claypool and Beatles prodigy, Ghost of a Saber Tooth Tiger’s Sean Lennon. The band made moves at some major festivals this summer, including Bonnaroo, Outside Lands, Vertex and more, while also finding lots of time for their own headlining venue performances.Today we look back at their Outside Lands set, which sees the band delve into their debut album The Monolith Of Phobos (a release on the fast track to the top 10 albums of 2016 list) primarily. The group also covered King Crimson and Pink Floyd during the hour-long set. Fortunately, thanks to YouTube user cweskos1, we can watch full video of the set below.Enjoy some psychedelic Claypool Lennon Delirium jams!Setlist: The Claypool Lennon Delirium at Outside Lands Music Festival, San Francisco, CA – 8/05/16Cricket and the Genie (Movement I, The Delirium) Cricket and the Genie (Movement II, Oratorio Di Cricket) Breath of a Salesman Up on the Roof Boomerang Baby Mr. Wright In the Court of the Crimson King (King Crimson cover) Bubbles Burst Astronomy Domine (Pink Floyd cover)last_img read more

February 27

Dell EMC and NVIDIA Announce General Availability of Isilon with NVIDIA DGX-1 Reference Architecture Solution Through EMEA Partners

first_imgToday, Dell EMC Isilon and NVIDIA’s joint reference architecture is now commercially available in EMEA as an integrated turnkey AI solution sold through our joint strategic channel partners. Pairing Dell EMC’s scale-out All-Flash Isilon F800 with the NVIDIA DGX-1 system, this solution simplifies and accelerates AI deployments with a jointly validated reference architecture. This architecture complements the Dell EMC Ready Solutions that leverage the powerful NVIDIA V100 Tensor Core GPUs inside the Dell EMC PowerEdge C4140, DSS8440 and PowerEdge R940 servers to offer customers unparalleled design flexibility to meet their AI computing needs.Artificial intelligence (AI) represents the 4th revolutionary technology epoch and promises to improve humanity while delivering unparalleled business success for those that can harness it. The winners and losers in the Age of AI will be separated by organizations who recognize that data is now a capital asset (we call that Data Capital) and can quickly and efficiently harvest their data capital with analytics. AI is the pinnacle of analytics and will allow organizations to extract the maximum value from their data to differentiate products, enhance services and create new revenue streams.Gartner is predicting US $3.9 trillion in AI-generated revenue by 2022.[1] According to McKinsey, by 2030, AI “could potentially deliver additional global economic activity of around US $13 trillion,” with early AI adopters standing to achieve up to 20-25 percent more of the economic benefits than others.[2] To put this into perspective, this means that by 2030, AI’s impact could be larger than today’s cumulative worldwide GDP.AI adoption is set to accelerate dramatically, with 37 percent of companies already investing in AI and 85 percent of companies saying they plan to do so in the next three years.[2] In anticipation of the deluge of new deep learning and machine learning use cases, Dell EMC and NVIDIA have spent years collaborating through a joint OEM partnership, to offer multiple AI solutions exclusively through our channel partners that offer flexibility and informed choice. What started with graphics acceleration for Dell PCs and workstations quickly evolved into NVIDIA GPU-accelerated servers, like the ultra-dense Dell EMC PowerEdge C4140 and the DSS 8440 servers to speed up AI workloads.As these solutions matured and became more data intensive, our partnership evolved to production-grade platforms like the Dell EMC Ready Solutions for AI. This Ready Solution pairs the Dell EMC PowerEdge C4140 with NVIDIA V100 Tensor Core GPUs with Dell EMC Isilon’s high performance All-Flash scale-out storage and networking to eliminate I/O bottlenecks to fuel deeper AI insights at scale. The natural progression from here was to get out ahead of the rapidly changing AI analytics toolkits such as TensorFlow and PyTorch, which are constantly optimizing their analytics to take advantage of the parallelism of large multi-socket servers and multi-server configuration. To address the growing need for computing power, Dell EMC and NVIDIA validated the DSS8440 on NVIDIA’s open source RAPIDS framework, delivering industry-leading performance numbers. In addition, customers can leverage Isilon storage with their Data Science Workstation, providing a seamless compute and storage experience from desktop to data center. Finally, Dell EMC and NVIDIA launched of the reference architecture with Isilon All-Flash and the NVIDIA DGX-1.These new turnkey AI platforms will enable rapid deployment of production-grade deep learning solutions for use cases such as genomics, precision medicine, advanced driver assistance systems (ADAS) and autonomous driving (AD), video analytics and content enrichment, fraud detection/prevention and a multitude of other AI workloads, where an 8-way or 16-way high-speed GPU interconnect architecture is demanded by the AI workload. This scale-out offering independently scales compute and storage allowing customers the flexibility to optimize the balance among price, performance and data footprint to meet your needs. Additionally, the validated solution stacks will allow these strategic channel partners to offer value-added innovation to further accelerate end-user application development and vertical use case realization for deep learning and AI solutions. Combined with the recent global launch of NVIDIA’s DGX-Ready Data Center program, these platforms offer customers the ultimate flexibility to address their AI needs no matter where they may be.We have best-in-class partners in EMEA with specialized expertise in architecting, deploying and supporting modern infrastructure for AI and data-intensive workloads, who also see this as an opportunity for customers:“BeanTech is excited to be working with Dell EMC and NVIDIA to deliver the turnkey solution by combining NVIDIA’s DGX-1 high-performance AI system with Dell EMC’s All-Flash Isilon F800 storage, in a partnership where our expertise delivering solutions for artificial intelligence and deep learning workloads finds the perfect answer to the request of having a scalable high-performance compute and storage platform, simplifying and accelerating data management for business and research innovation.”– Luca Degano, VP of Sales & Marketing, beanTech“At it-RSC, we are able to develop and provide ‘pluggable’ AI infrastructure and solutions based on NVIDIA DGX systems and Dell EMC Isilon technology. Because of our expertise in AI we, as a DELL EMC OEM partner, refine the existing technology to meet our customers’ training, inference and ‘going-to production’ approaches. That is what vCAX-X is capable of. v-vCAX is not just a trademark, a slogan or an easily remembered logo. It is a studiously crafted platform to make AI implementations easy. AI is no longer limited by where or how data is created. AI will now be where you are.”– Thorsten Wujek, Chief Technology Officer, it-RSC, vCAX-X platform“AI places unprecedented demands on data center compute, storage, networking and facilities. IT leaders need an infrastructure strategy that accelerates AI, instead of stalling it. With today’s announcement, we’re expanding the reach of our reference architecture solution built on NVIDIA DGX and Isilon, delivering a faster, simpler, proven approach for deploying AI at scale.”– Charlie Boyle, vice president and general manager of DGX systems at NVIDIAThese best-in-class partners share our excitement because they understand the needs of their customers and they see clear demand for high performance AI solutions and deep learning platforms.Together, these technologies provide the foundation for successful AI solutions which drive the development of advanced deep learning software frameworks for modern AI needs. NVIDIA delivers massively parallel compute and full-stack AI software innovation for accelerated model training, bringing new insights to data in near real time. When combined with the Isilon’s OneFS file system to support the concurrency, performance and petabyte scale of unstructured data sets, this solution turns AI possibility into AI reality.As we continue to innovate and make AI simpler to consume, we look forward to future announcements regarding the extended worldwide availability of our joint Dell EMC-NVIDIA turnkey solution.Learn more about the Dell EMC Isilon with NVIDIA DGX solution by visiting www.dellemc.com/ai-with-isilon.[1] Gartner press release: April 2018[2] McKinsey Global Institute. Notes from the AI Frontier: Modeling the Impact of AI on the World Economylast_img read more

December 19

Clients’ Security Fund issues reviewed

first_img Clients’ Security Fund issues reviewed October 1, 2005 Regular News Clients’ Security Fund issues reviewedcenter_img Whether $25 of the new $250 fee for pro hac vice appearances and appearances in arbitration proceedings in Florida should be earmarked for The Florida Bar’s Clients’ Security Fund has been debated by the Board of Governors and referred to two committees for further study.Bar Unlicensed Practice of Law Counsel Lori Holcomb reported to the board at its August meeting on the issue. After a discussion, Bar President Alan Bookman said he was referring the matter to the Disciplinary Procedure and Budget committees, with instructions to make a recommendation before the end of the year.That’s when new multijurisdictional rules go into effect which, among other things, assess a $250 per case fee for out-of-state attorneys who come into Florida pro hac vice or to handle an arbitration.Holcomb noted that when the rules went before the court, the report spoke of the contribution to the CSF.That, she said, left two decisions for the board. One was whether to allocate the money. The second was to decide whether clients represented by out-of-state lawyers should now be able to file claims with the Clients’ Security Fund.CSF rules currently provide that compensation is only available for the misconduct of Florida lawyers. Holcomb said that means the rules will have to be amended if the Bar wants to compensate state residents harmed by out-of-state lawyers.It is impossible for the Bar to accurately estimate how much money may be received from the pro hac vice fees, Holcomb said, but a conservative estimate is $500,000. Most of that money will be earmarked for lawyer regulation efforts to track out-of-state attorneys coming into Florida, who will be subject to Bar discipline under the new MJP rules. But under the original committee proposal, $50,000 would go to the CSF.In response to a question, Holcomb said 13 other states with pro hac vice fees range from $50 to $700 per case. The Florida fee, she said, was intended to be in the middle and provide enough funds to cover expected Bar costs.“I think the issue is way premature for us to consider,” board member William Kalish said. “I’m not sure we should be concerned about the rights of clients who are not using Florida lawyers.”He recommended postponing the issue for a year and seeing how much money is actually received from the pro hac vice fee.Board member David Rothman said the $25 should be set aside in a separate fund while the board studies its options.Bookman closed the discussion by saying he was referring the matter to the two committees.last_img read more

October 18

Arsenal ready another bid for Houssem Aouar as Lyon star pushes for move

first_imgAdvertisement Aouar is moving closer to an Arsenal switch (Picture: UEFA via Getty Images)‘But Arsenal are negotiating right now, the player wants to leave, personal terms are not a problem, he wants to join the club but there is no agreement yet.’Lyon president Jean-Michel Aulas hinted that Aouar could have left the club as early as Friday, saying that there will be no more exits after then.‘From Friday evening, when Rudi [Garcia] will choose his squad vs Marseille, there will be no departures,’ Aulas said on Wednesday.‘We could see ourselves lose two players.’MORE: Arsenal want Matteo Guendouzi sale as Marseille open talks over loanMORE: Liverpool manager Jurgen Klopp admits he ‘really loves’ Mikel Arteta’s Arsenal squadFollow Metro Sport across our social channels, on Facebook, Twitter and Instagram.For more stories like this, check our sport page. Comment Arsenal ready another bid for Houssem Aouar as Lyon star pushes for move Metro Sport ReporterThursday 1 Oct 2020 11:52 amShare this article via facebookShare this article via twitterShare this article via messengerShare this with Share this article via emailShare this article via flipboardCopy link3kShares Arsenal are deep in negotiations with Lyon for Houssem Aouar (Picture: AMA/Getty Images)Arsenal are ready to make another bid for Houssem Aouar as negotiations with Lyon continue.The Gunners have now made the Frenchman their primary midfield target, ahead of Atletico Madrid’s Thomas Partey, and are set to increase their last offer of £32m.The transfer window slams shut on Monday so time is running out for Arsenal to get the deal done for the 22-year-old and price remains the sticking point.Lyon have lowered their original asking price from €60m (£55m) to €50m (£45.7m), but Arsenal are trying to get the deal done for less than that – a figure which has already put Juventus off the transfer.AdvertisementAdvertisementADVERTISEMENTThe player is keen for the move and the clubs are expected to reach an agreement, but they are not there yet.‘Arsenal are ready to make another bid, they are negotiating with Lyon, they really want Aouar more than Thomas Partey,’ Fabrizio Romano told Oddschecker.‘They are still in negotiation with Lyon right now, we have to see but they are trying, more than Juventus.‘It’s true that Juventus called Lyon, but they were proposing other players for the Aouar deal, they can’t pay, in this moment, 50 euro to sign Aouar.More: FootballRio Ferdinand urges Ole Gunnar Solskjaer to drop Manchester United starChelsea defender Fikayo Tomori reveals why he made U-turn over transfer deadline day moveMikel Arteta rates Thomas Partey’s chances of making his Arsenal debut vs Man City‘So it’s Arsenal, the club that are trying to sign Aouar.‘We have to see about the money because Aulas say he wants want €40-45m, but no, he wants €50m, he was starting from €60m, now considering €50m.‘It’s normal in negotiations when you have a player that wants to leave and Aouar wants to leave and play in the Premier League. Advertisementlast_img read more

October 6

Character and choices in Gaythorne residence

first_imgThe property at 54 Lade St, GaythorneMr Peach said after he bought the property he found he had a family connection to it.More from newsFor under $10m you can buy a luxurious home with a two-lane bowling alley5 Apr 2017Military and railway history come together on bush block24 Apr 2019“My mother-in-law, who is now in her 80s, used to go play there as a little girl when it was a house,” he said.“I believe the family who owned it had something to do with the building trade.”The two-storey property is on a 875sq m block zoned LMR.Each of the four units has two bedrooms, a bathroom and an open-plan living, dining and kitchen area.The two units on the upper level also each have a study, which could potentially be used as extra bedrooms, and there is a bay window in the master bedroom of one of the units. The property at 54 Lade St, Gaythorne.THIS large character home has been divided into four units and is on the market in Gaythorne.Owner Gary Peach said the property at 54 Lade St had plenty of charm about it.“There are 12ft ceilings from yesteryear and in some rooms there are VJ walls and a lot of walls are silky oak panels,” he said.“In part of it there is a lot of ornamental timber.“I’ve really enjoyed working on the property and bringing it back to life.” The property at 54 Lade St, Gaythorne“Two of the units are quite big and the two units downstairs are a bit smaller,” Mr Peach said.“The main house must have been huge in its day.” Mr Peach said the property was well situated close to shops, schools, the local library and public transport. “It has good views and it has Brookside in one direction and the train station in the other.”Marketing agent Simon Whitehead, of Harcourts Solutions, said there was a genuine prospect to secure the block of units next door, on a 776sq m block zoned LMR, in the near future.last_img read more

September 29

Swiss institution tenders CHF250m EM bond mandate using IPE Quest

first_imgApplicants should have at least CHF500m in assets under management (AUM) for the specific strategy and CHF5bn in AUM as a company.They should also have a track record of at least three years, preferably five.Interested parties should state performance, gross of fees, to the end of 2015.Separately, a Swiss institutional investor also tendered a CHF250m, sub-investment-grade, high-yield bond mandate using IPE Quest. According to search QN-2165, the active mandate will cover Europe, including the UK.Investors should use the BofA Merrill Lynch BB-B European Currency Developed Markets Non-Financial High Yield Constrained (HP4M) as a benchmark, keeping tracking error below 10%.The investor will accept any non-investment-grade bond from a corporate issuer.Convertible bonds and emerging market bonds are not part of the universe.Exposure to financials, senior loans and bonds rated lower than B- will be limited.Applicants should have at least CHF500m in AUM for the specific strategy and CHF5bn in AUM as a company.They should also have a track record of at least three years, preferably five.Interested parties should state performance, gross of fees, to the end of 2015.The deadline for both applications is 11 March.The IPE news team is unable to answer any further questions about IPE Quest tender notices to protect the interests of clients conducting the search. To obtain information directly from IPE Quest, please contact Jayna Vishram on +44 (0) 20 3465 9330 or email [email protected] An undisclosed institutional investor in Switzerland has tendered a CHF250m (€230m) emerging market bond mandate using IPE Quest.According to search QN-2164, the actively managed mandate should be based in local currencies.The investor expects asset managers to outperform the JP Morgan GBI EM Global Diversified benchmark by an average of 100 basis points (net of all fees) per year over a four-year period.Tracking error should be no greater than 10%, and limits will apply to quasi-sovereigns, corporate bonds and non-local currency bonds.last_img read more