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EV startup Rivian Automotive Inc. has initiated two rounds of layoffs within the past seven months, cutting a total of 12% of its workforce.

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Kevin McBride is senior vice president of total rewards at Experian North America.

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Under the agreement, which could represent a watershed moment in pay equity disputes across sports, current and former players involved in the case will receive a total $22 million in back pay .

Frankly, it’s always been difficult to reduce executive performance evaluation to a formulaic assessment of profit, growth and total shareholder return.

For HR and total rewards teams, this volatility presents a challenge — and an opportunity.

The news article stated Walmart hasn’t disclosed the total number of affected employees, but some were required to notify the company by July 1 if they would accept relocation.