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New Jersey Rail Workers Call Off Strike, Commuter Services Resume Tuesday

New Jersey Rail Workers Call Off Strike, Commuter Services Resume Tuesday

The New Jersey rail workers ended their strike after three days when the Brotherhood of Locomotive Engineers and Trainmen (BLET) reached a tentative agreement with NJ Transit on Sunday. BLET, which represents 450 engineers, voted

Bihar Government Hikes DA to 55% for State Employees

Bihar Government Hikes DA to 55% for State Employees

In a major financial relief to government staff and pensioners, the Bihar government has sanctioned an increase in Dearness Allowance (DA) and Dearness Relief (DR) with effect from January 1, 2025. The increase announcement was

Infosys, Wipro Boost Median Salaries by 30% Since FY21 

Infosys, Wipro Boost Median Salaries by 30% Since FY21 

India’s largest IT companies, Infosys and Wipro, have seen a significant rise in median employee pay, a rise of 30% from FY21 to FY24 despite wage growth for the industry as a whole beginning to

Trump Turns to Supreme Court to Advance Federal Layoff Agenda

Trump Turns to Supreme Court to Advance Federal Layoff Agenda

President Donald Trump has asked the U.S. Supreme Court to overturn an injunction from a lower court blocking mass systemic federal layoffs and agency reorganizations as an aggressive advance of his mission to overhaul the

Ontario’s Mega Budget: $232.5B to Shield Jobs, Combat Tariffs and Foster Unity

Ontario’s Mega Budget: $232.5B to Shield Jobs, Combat Tariffs and Foster Unity

Ontario is introducing a record setting budget of $232.5 billion focused on protecting jobs within the context of economic uncertainty related to US tariffs. With unemployment soaring to 7.8%, compared to the national average of

West Bengal State Employees to Receive 25% DA Following Supreme Court Verdict

West Bengal State Employees to Receive 25% DA Following Supreme Court Verdict

Dearness Allowance is an adjustment for the cost of living for professionals and pensioners employed by the government to allow them to cope with increasing prices, inflation etc.The Dearness Allowance is usually a percent of

BOJ Rate Hikes on Hold Through September Amid Trump-Related Risks 

BOJ Rate Hikes on Hold Through September Amid Trump-Related Risks 

According to a recent survey by Reuters the Bank of Japan will likely remain on hold and refrain from raising interest rates until September as it evaluates the economic impact of the sweeping tariffs imposed

Microsoft Restructures Workforce, Cuts 6,000 Jobs Amid AI Investment Push

Microsoft Restructures Workforce, Cuts 6,000 Jobs Amid AI Investment Push

As it restructures operations and prepares for rising costs with major investments in artificial intelligence (AI), Microsoft announced it will lay off about 6,000 employees or approximately 3 percent of its global workforce. Workers at

Infosys Warns Employees of Lower Q4 Bonuses Amid Profit Dip

Infosys Warns Employees of Lower Q4 Bonuses Amid Profit Dip

Bengaluru-based IT giant Infosys has informed employees their Q4 FY25 performance bonuses will be less than they anticipated due to ongoing disruption in the global software services industry. The company’s HR team recently held a

Norwegian Oil Workers and Firms Finalize Wage Deal for 7,400 Employees, Averting Strike

Norwegian Oil Workers and Firms Finalize Wage Deal for 7,400 Employees, Averting Strike

Oil companies and labor unions in Norway have reached a new wage agreement for oil workers which is a significant development for the energy sector that affects nearly 7,400 workers and excludes the risk of