Other participants had experienced something similar. Adnan Rizvanovic, a Bosnian in his 60s who now works as a gardener for the program, had once driven trucks and taxis and worked in logistics. Driver wages plummeted after Uber and its local Austrian competitors entered the taxi market; after two heart attacks, Rizvanovic decided it was best …
Shopee has reportedly made three rounds of layoffs this year as its parent company, Sea Limited, struggles for profitability. Lauryn Ishak | Bloomberg | Getty Images More tech startups in Southeast Asia have laid off workers this year as macro headwinds deepened losses and venture capitalists pushed startups to expand their leads. Last week, online …
Tech layoffs in Southeast Asia rise as unprofitable startups seek to expand their leads Read More »
Location: Parcville Role type: Full time or part time; 6 month CDD Faculty: Faculty of Commerce and Economics Department/School: The Department of Finance Salary: Level A – $77,171 – $104,717 per year plus 17% super (pro-rated for part-timers) Level B- $110,236 – $130,900 per year plus 17% super (pro-rated for part-timers) Level C- $135,032 – …
10,000 Hours | Digital Vision | Getty Images A recent wave of tech layoffs could have American workers wondering if their job is next on the chopping block. So far, there’s little evidence that the thousands of cuts to big tech companies — Meta, Amazon and Twitter, to name a few — are bleeding into …
Tech layoffs may not bode ill for the U.S. economy as a whole Read More »
Beautiful and colorful aerial view of the Mumbai skyline during twilight as seen from Currey Road on February 16, 2022 in Mumbai, India. Pratik Chorgé | Hindustan Times | Getty Images India is expected to overtake Japan and Germany to become the world’s third-largest economy, according to S&P Global and Morgan Stanley. The S&P forecast …
India could become third largest economy by 2030, overtaking Japan and Germany Read More »
Fizz | Istock | Getty Images Inflation and annual salary are not in a one-to-one relationship. That became clear to many workers last year when their annual merit increases to wages and salaries were nowhere near four-decade highs for inflation. Many employees grumbled, even though the salary was increased by more than had been normal …
Inflation is down. Here’s what that means for your annual pay rise Read More »
Travelers pass through Salt Lake City International Airport in Salt Lake City on August 2. Airport officials are preparing for about 30,000 passengers to pass through their doors Wednesday and Sunday this Thanksgiving weekend. (Spenser Heaps, Deseret News) Estimated reading time: 5-6 minutes SALT LAKE CITY — This holiday season is “one of the busiest …
Seeking to tighten their belts and cut budgets, corporate America is in a job-cutting mood these days, with some of America’s biggest groups shedding thousands of workers. Meta (META) – Get a free report, formerly Facebook, laid off 11,000 employees in the second week of November. New Twitter boss Elon Musk cut ties with 3,700 …
‘Copycats’ imitating Musk in laying off employees: Ashneer Musk laid off nearly half of Twitter employees, in addition to laying off thousands of contract workers IANS, New Delhi, 20 November 2022, 08:27 updated: November 20, 2022, 08:32 Former BharatPe founder Ashneer Grover has joined the impassioned Elon Musk-Twitter takeover drama, saying “copycat founders” are now …
‘Copycat founders’ imitating Elon Musk in laying off employees: Ashneer Grover Read More »
