- Jack Dorsey will remain the CEO of Twitter as part of a truce it struck with an activist hedge fund pushing for change. Activist investor Elliott Management has reached a deal with Twitter alongside $1 billion in investment from Silver Lake.
- Apple is giving retail and hourly workers unlimited sick leave for coronavirus-like symptoms. In addition to allowing remote work for other employees, the company hopes to reduce crowd density at its physical stores, per 9to5Mac.
- Airbnb told Bay Area employees to work from home for the next two weeks due to coronavirus concerns and says it will continue to pay hourly workers. Airbnb is also working with vendors to ensure hourly workers continue to be paid during this time, a spokesperson said.
- Amazon has told New York and New Jersey employees to stay home. Workers in two of the company’s largest markets have been advised to work remotely until the end of the month, per Gizmodo.
Source: Business Insider