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Recent Editions
Risk Channel
North America
Google is laying off an unspecified number of employees as part of a “large scale” restructuring. Staff across several of Google's teams in its real estate and finance departments have been affected, according to a Business Insider report. A Google spokesperson said the layoffs are not company-wide and that affected employees will be able to apply for internal roles, but did not specify the number of employees affected nor the teams involved. "Throughout the second half of 2023 and into 2024, a number of our teams made changes to become more efficient and work better, remove layers and align their resources to their biggest product priorities," the spokesperson added. A small percentage of the impacted roles will move to hubs the company is investing in, including Bangalore in India, Chicago and Atlanta in the U.S., and in Dublin.
Full IssueRisk Channel
UK/Europe
Lobbyists can easily bypass EU transparency rules to influence policy, according to a report by the European Court of Auditors (ECA). The report highlights major loopholes in the transparency register, including the lack of requirements for recording spontaneous meetings, unscheduled phone calls, and email exchanges. The ECA warns that the register risks becoming "a paper tiger" unless it is significantly strengthened. The report comes as EU institutions discuss the establishment of an Ethics Body and plan a review of the transparency register. The findings follow recent scandals involving cash-for-influence allegations and accusations of cronyism. The report emphasizes the need for new ethics rules to address acceptance of gifts, financial interests, and post-term activities. Lobbycontrol estimates that up to 29,000 lobbyists are active in Brussels, with Big Tech companies alone spending millions on lobbying efforts. The report serves as a reminder of the potential risks to the EU's reputation ahead of the upcoming European Parliament elections.
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