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Ride-hailing and food delivery app Grab slashes 1,000 jobs to rein in costs
Subscribe to our YouTube channel for free here: https://sc.mp/subscribe-youtube Read more about Southeast Asia: https://sc.mp/kwff Singapore tech giant Grab Holdings is laying off over 1,000 employees, or 11 per cent of its workforce. Company officials said the move is a bid to manage costs and reorganise in a competitive business environment. It is Grab’s largest round of layoffs since 2020, when it cut 360 jobs…
Thousands of jobs at risk after UBS’ US$3.2 billion takeover of Credit Suisse
Subscribe to our YouTube channel for free here: https://sc.mp/subscribe-youtube Tens of thousands of jobs are at risk following UBS’s US$3.25 billion rescue of Credit Suisse. The merger between the long-time Swiss rivals was brokered by the Swiss National Bank, the country’s central bank, over the March 18-19, 2023, weekend to stave off a developing international banking crisis. UBS officials said it was still too early…
Fewer jobs and less pay: Chinese migrant workers continue to face uncertainty after country reopens
Subscribe to our YouTube channel for free here: https://sc.mp/subscribe-youtube China’s three years of strict pandemic controls have seriously hurt businesses across the country, leaving thousands of migrant workers unemployed or stuck at home. China began dropping its pandemic-control measures in early December 2022, but the economic recovery has been slow since the country’s reopening, and the job market remains bleak for migrant workers. Support us:…
Google parent Alphabet to cut 12,000 jobs
Six per cent of Alphabet’s workforce will be lost worldwide, and US staff will be affected immediately. The post Google parent Alphabet to cut 12,000 jobs appeared first on Rich TVX News Network.
Why are so many jobs being shed in Big Tech sector worldwide? | Inside Story
Around 12,000 Google employees have been emailed, telling them their jobs are gone. It follows cuts at Meta, Twitter and Microsoft. More than 200,000 jobs have been lost in the sector in a year. Some blame over-recruitment during the pandemic, wrong strategies or economic factors. So why are so many jobs being lost in the sector worldwide? Is Big Tech in big trouble? Presenter: Adrian…
Intruding on Real Writing Jobs? Internet Fumes as Media Portal Churns Out AI-Generated Articles
A news outlet embarked on the experiment of publishing articles written by artificial intelligence (AI) in November, but has kept it low key, without any formal announcement, and with content seemingly optimized for search traffic – but this has not gone unnoticed. The post Intruding on Real Writing Jobs? Internet Fumes as Media Portal Churns Out AI-Generated Articles appeared first on .
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Congrats, Messi! Messi, the TSA explosives detection canine, was given the perfect party to celebrate his retirement in Virginia's Ronald Reagan Washington National Airport. The celebration was complete with the [...]
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