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The Ericsson Layoffs 2023

The Ericsson Layoffs 2023

The telecom giant Ericsson has joined the layoff spree and will be laying off around 8,500 employees globally. According to Reuters, Ericsson sent a memo to its employees informing them of the mass layoffs. CEO

Taiwanese Shoemaker Announces $11.5M Severance Pay- Report

Taiwanese Shoemaker Announces $11.5M Severance Pay- Report

The company makes shoes for Nike and Adidas and announced Saturday a severance package worth VND275 billion (US$11.56 million). For every working year, workers will receive 0.8 months' salary. Around 379 people getting the slips

Farmers react to new overtime rules

Farmers react to new overtime rules

Starting next January, farmers in New York state will be required to pay overtime to their workers after 56 hours on the job. As recommended last fall by the Farm Laborer Wage Board, the state

Are The Highest Earners The Smartest? New Study Suggests Not

Are The Highest Earners The Smartest? New Study Suggests Not

The highest earners may not be the workers who are the smartest, according to a recent Swedish study, published in the European Sociological Review last month. The research found that higher general intelligence had correlations

SAP Labs Lays Off 300 Employees In India

SAP Labs Lays Off 300 Employees In India

SAP Labs, the Indian subsidiary of German multinational software corporation SAP SE, recently announced that it will lay off nearly 300 employees in India. This news has shocked many, as the company had previously stated

CBRE Study: Salary Ranks as Top Job Selection Criteria for 60%+ Respondents

CBRE Study: Salary Ranks as Top Job Selection Criteria for 60%+ Respondents

A survey by property consultant CBRE India revealed that salary is the most important factor for job selection for more than 60 percent of respondents. When choosing a job, trust in the company's management has

NPR To Cut 10% Of Workforce In One Of Its Largest Layoffs Ever

NPR To Cut 10% Of Workforce In One Of Its Largest Layoffs Ever

In order to make up for a $30 million gap in its budget, global media outlet NPR has decided to lay off 10% of its workforce, about 100 employees, CEO John Lansing wrote in an

The Karnataka Assembly Passes A Bill Allowing Women To Work Night Shifts In Factories

The Karnataka Assembly Passes A Bill Allowing Women To Work Night Shifts In Factories

Karnataka Legislative Assembly passed a bill on Wednesday amending the Factories Act, allowing women to work night shifts at factories. It also allows employees to work 12 hours a day for four consecutive days to

Quake-hit Turkey bans layoffs, offers salary support in disaster zones

Quake-hit Turkey bans layoffs, offers salary support in disaster zones

In order to protect workers and businesses from the financial impact of the devastating earthquakes that struck the south of the country a couple of weeks back, the Turkish government on Wednesday launched a temporary

7 ex-Googlers come together to establish new company

7 ex-Googlers come together to establish new company

Henry Kirk, who worked as a senior manager with Google for eight years, was part of the 12,000 employees the company recently laid off as part of its cost-cutting move. But instead of letting the