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McKinsey & Company has cut 10% of workforce since 2022 thanks to its new employee Lilli who doesn't take coffee breaks and doesn't ask for a pay rise

McKinsey has a new employee and developed an in-house AI assistance called Lilli.

Flux team
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1
min read
· Posted on
June 4, 2025

Treasury Wine's US dreams hit a sour note as its key Californian distributor, worth 10% of global sales, pulls the plug

Treasury’s key distributor in California, the biggest wine state in the US, is pulling out completely.

Flux team
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1
min read
· Posted on
June 4, 2025

IDP Education tanks 48% in a day, and short sellers are booking graduation trips with the profits

IDP has announced its earnings would drop by around 30% in FY25 and this was due to stricter migration policies globally.

Flux team
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1
min read
· Posted on
June 4, 2025

The Times are a-changin' as The New York Times signs an AI deal...but not with its sworn enemy OpenAI

The New York Times has signed its first AI deal with Amazon.

Flux team
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1
min read
· Posted on
June 2, 2025

Glencore shifts $30 billion worth of rocks to Australia... because coal supposedly gets hotter valuations down under.

Glencore has transferred $30 billion worth of its mining assets into an Australian subsidiary.

Flux team
~
1
min read
· Posted on
June 2, 2025

Virgin staff offered $3,000 in shares if they stick around for the next flight - the big IPO

Virgin Australia’s CEO has told its 8,000 staff that they could all receive $3,000 worth of Virgin shares pre-IPO-listing.

Flux team
~
1
min read
· Posted on
June 2, 2025
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Disclaimer: All information contained in the Flux app, www.flux.finance, www.joinflux.com, app.flux.finance and any podcast of Flux Media Pty Ltd (ABN 27 639 804 345) is for education and entertainment purposes only. It is not intended as a substitute for professional financial, legal or tax advice. While we do our best to provide accurate information on the podcast, we accept no responsibility for any inaccuracies that may be communicated.Flux does not operate under an Australian financial services licence and relies on the exemption available under section 911A(2)(eb) of the Corporations Act 2001 (Cth) and ASIC RG 36.66. Flux Technologies Pty Ltd provides general advice on credit products under our own Australian Credit Licence No. 530103. Check out our Credit Guide for more information.

All information contained in the Flux app, www.flux.finance, www.joinflux.com, app.flux.finance and any podcast of Flux Media Pty Ltd (ABN 27 639 804 345) is for education and entertainment purposes only. It is not intended as a substitute for professional financial, legal or tax advice. Flux Media Pty Ltd is the owner of the registered trade mark, 'What the Flux'. While we do our best to provide accurate information on the podcast, we accept no responsibility for any inaccuracies that may be communicated.