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Boeing Announces Compensation Plan for Furloughed Employees and Proceeds with Job Cuts

Boeing Announces Compensation Plan for Furloughed Employees and Proceeds with Job Cuts

Kelly Ortberg, the CEO of Boeing declared last week that the company would compensate workers who were dismissed from their jobs during the strike for the money they lost. The CEO did however state that

International students could be impacted as Canada ends Student Direct Stream program

International students could be impacted as Canada ends Student Direct Stream program

Canada has abruptly ended its Student Direct Stream (SDS) program, terminating a fast-track study permit process that expedited the application procedure for thousands of international students. The cancellation has begun from Friday. The Immigration, Refugees

Zoho’s Sridhar Vembu Calls Out Freshworks’ ‘Naked Greed’ in Layoffs

Zoho’s Sridhar Vembu Calls Out Freshworks’ ‘Naked Greed’ in Layoffs

Chennai/US-based tech entrepreneur Sridhar Vembu has heavily condemned Freshworks’ recent massive layoffs with the firm dismissing 660 of its employees, 13% of the company’s global workforce. Vembu, the founder of Zoho says these layoffs are

Sharan Hegde: Finance content creator and 1% Club CEO initiates major cost-cutting exercise

Sharan Hegde: Finance content creator and 1% Club CEO initiates major cost-cutting exercise

In a detailed post on LinkedIn, hugely influential financial content creator Sharan Hegde has announced that he has laid off 15% of his staff at 1% Club. The decision comes as part of the company's

Farmers Protest Changes to Inheritance Tax Relief

Farmers Protest Changes to Inheritance Tax Relief

It has now emerged that farmers in the north-east of England and Cumbria have been staging protests over changes to inheritance tax relief, arguing that these changes will complicate the passing of their farms to

Amazon CEO Dismisses Claims of Office Return Policy Being a ‘Backdoor Layoff’ Strategy

Amazon CEO Dismisses Claims of Office Return Policy Being a ‘Backdoor Layoff’ Strategy

Amazon CEO Andy Jassy has vigorously dismissed claims that the company’s new policy requiring employees to report back to the office five days a week starting next year is a ploy for cutting its workforce.

Suffolk Farmers Mobilize to Protest Labour’s “Old McDonald Tax” in a Smelly Show of Defiance

Suffolk Farmers Mobilize to Protest Labour’s “Old McDonald Tax” in a Smelly Show of Defiance

Hundreds of irate Suffolk farmers are getting ready to gather in Parliament on November 19 with what they are calling the "Old McDonald Tax," as Westminster gets ready for an unusual protest. With tractors, pitchforks,

Chinese Solar Firms Dodge US Tariffs with New Asian Hubs

Chinese Solar Firms Dodge US Tariffs with New Asian Hubs

Vietnamese factories are taking business away from Chinese solar manufacturers who have moved their production chain to Indonesia and Laos. Over the last 18 months, at least four projects led by Chinese or China-related began

Sharp Decline in U.S. Job Growth: October Adds Just 12,000 Jobs

Sharp Decline in U.S. Job Growth: October Adds Just 12,000 Jobs

The Labor Department said on Friday that the economy added 12,000 seasonally adjusted jobs in October, compared with 223,000 in September. This is mainly due to the effects of hurricanes and strikes, particularly at Boeing.

Rise in unemployment in Shenzhen highlighting a bigger national issue?

Rise in unemployment in Shenzhen highlighting a bigger national issue?

Shenzhen is a modern metropolis that connects Hong Kong To mainland China. The southern city is prominent for its vibrant private economy. But it recently noted a 40% year-on-year increase in freshly registered unemployed residents