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Julius Baer has announced plans to lay off around 5% of its staff or nearly 400 employees. It is part of a cost-cutting strategy launched by CEO Stefan Bollinger. The decision comes after the banking
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Microsoft has initiated a layoff round for underperforming employees in the US, according to a Business Insider report. Medical, prescription and dental healthcare benefits of affected employees is going to end immediately, as per the
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The UN Secretary-General Guterres has called for a peaceful democratic transition in Myanmar as the country marks 4 years since the military seized control. The coup resulted in the arrest of both the President and
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In another effort to ease the US-Mexico border crisis, President Donald Trump has announced that he is going to direct the Pentagon and the Department of Homeland Security to start preparations for a 30,000-person migrant
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Last year, a couple of Nasa astronauts took off for the International Space Station (ISS). They thought it's an eight-day mission. But technical difficulties elongated their time in space. It has been 7 months since
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The prestigious Cardiff University in the UK is planning to cut 400 full-time jobs as a funding shortfall persists. The proposals could include school and subject closures and school mergers, according to a report in
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Sridhar Vembu, the founder of the Zoho Corp, has resigned as the CEO to take on the 'Chief Scientist' role at the company. He made the announcement about focusing more on R&D steps in the
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The Gaza ceasefire and hostage release deal is offering a lot of respite to affected Palestinian families in the territory as UN agencies continue to scale up their humanitarian assistance to help people and ease
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Haiti is seeing signs of progress in a political transition process to restore democratic institutions despite serious setbacks in terms of security, according to the Special Representative and Head of the UN office in the
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Indian and US authorities are collaborating to identify undocumented Indian immigrants in the US for deportation in order to demonstrate an interest in protecting legal immigration visas for scores of Indian citizens. US President Donald
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