Microsoft Corp. has decided to cut thousands of jobs in wake of slower revenue growth. Moreover, the media reported that the software maker will cut jobs across its various divisions. Microsoft will join a vast list of tech companies to have announce job cuts in past few months. Significantly, tech giants including Alphabet, Meta, Salesforce […]
ThreatLocker, one of the leading cybersecurity provider has announced to open its new European headquarter in Dublin. Moreover, the establishment of new headquarter is likely to create 120 new jobs. Exploring European markets ThreatLocker is a Florida based company which specializes in providing cybersecurity services. Moreover, the company which was founded in 2015 is now […]
BlackRock has joined the list of financial companies which has announced job cuts. This is for the first time that the company is laying off workers since 2019. Moreover, the asset management company will cut about 500 positions which is roughly 3% of its total workforce. Job cuts on back of a major hiring spree […]
Coinbase has decided to lay-off employees again to preserve cash in wake of crypto market downturn. Moreover, the company has announced to cut 950 jobs which makes its around one fifth of its total workforce. Cryptocurrency market crash Coinbase is a cryptocurrency trading platform which has announced the second phase of layoffs. The company cited […]
The U.S. job market added 223,000 jobs during December and ended the year on a high note. Moreover, the data from Bureau of Labor Statistics showed that the unemployment rate also reduced and is stood at 3.5% during December 2022. Employment growth is better than expected The Bureau of Labor Statistics released the December job […]
Staff at Tesco did not receive any Christmas bonus for the second year on row. Instead they had to settle for just a box of Quality Street chocolates. However, Tesco came up with the explanation that they had doubled the staff discount to 20% on certain days during the run-up to Christmas. Therefore, they did […]
Workers at Amazon UK are planning to stage their first ever strike in January this year. Amazon’s UK workers belonging to GMB trade union are all set to walk out on January 25 over pay disputes. Moreover, the aggrieved workers belong to Amazon’s warehouse in central England. On the other hand, Amazon has come up […]
Berry Global Group is planning the closure of its Berry Superfos Thermoforming factory in Corby, UK. Moreover, the close down of Corby’s factory could affect the jobs of 95 employees at the factory. Closure is termed as a strategic decision Berry Global is a US based plastic packaging manufacturer having multiple manufacturing sites in United […]
Apex Mills has announced to acquire the former HanesBrands facility and its equipment in Patrick County. Moreover, the move will retain 96 existing jobs along with creation of 44 new jobs. In addition, the Virginia’s governor office confirmed that Apex Mills will invest $3.1 million for the project. Previously, HenesBrands announced in 2021 that it […]
Amazon will lay-off more than 18,000 roles in a bid to reduce its cost. Moreover, the company’s chief executive stated in a public staff note that these layoffs will affect company’s e-commerce and human resources organizations. Job cuts will commence from January 18 Amazon has become the latest tech company which have announced job cuts. […]