Labour rights

“More Interest Rate Cuts in 2025”: Turkey’s President Tayyip Erdogan

On December 26,2024 the Turkey’s Central Bank lowered the main interest rate from 50 percent to 47.5 percent for the…

December 29, 2024

Voluntary retirement plan in focus: BSNL layoffs to impact 18,000 to 19,000 employees

Indian telecommunication company Bharat Sanchar Nigam Limited (BSNL) has proposed a fresh voluntary retirement plan VRS 2.0 and announced that…

December 29, 2024

Barclays layoffs: Leading UK-based bank announced restructuring efforts before Christmas holidays

Just before Christmas holidays this year, Barclays handed out pink slips instead of year-end bonuses, firing dozens of employees. The…

December 28, 2024

Suez Canal Revenues Drop Over 60% Over Regional Challenges

It reduced their revenues to below $1.3 billion in 2024 for the international route trade facilitation as compared to an…

December 27, 2024

BYD Refutes Claims of Poor Working Conditions at Brazil Factory Site

The Chinese automotive firm, BYD has recently dismissed recent reports on extremely bad working conditions at construction site in Brazil…

December 26, 2024

Infosys Announces 90% Bonus Payouts for Q2 FY25

For the second quarter (Q2) of FY25 qualifying employees of Infosys which is the second largest provider of IT services…

December 26, 2024

Over 160 Chinese Workers Rescued from Slave Like Conditions in Brazil

According to officials on Tuesday more than 160 Chinese laborers who were constructing an electric vehicle factory for the Chinese…

December 25, 2024

Global layoffs: Job seekers should carry these lessons into next year

January 1, 2025, is just around the corner. Scores of people are going to carry fond memories of career progress…

December 25, 2024

Vietnam’s Sustained Economic Growth Progressed due to the Exports to Singapore

Singapore’s Accounting and Corporate Regulatory Authority has unveiled its trading partnership with Vietnam in 2024 during January to November with…

December 25, 2024

Minimum Wage Hike Sparks Inflation and Rate Cut Speculations in Turkey

The Turkish government has said that in 2025, the national minimum wage will be 22,104 lira ($627) a month higher…

December 25, 2024

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