A courier for Foodpanda, a meal-delivery service operated by Supply Hero AG, checks his smartphone whereas sitting on a motorbike on the firm’s operations middle in Bangkok, Thailand, on Friday, March 16, 2018. Bangkok’s famed love affair with meals is spilling over to meal-delivery apps, a fledgling sector that Foodpanda tasks will surge in 2018 … Read more
Westend61 | Westend61 | Getty Pictures Specialists have been pointing to a coming downturn for the U.S. economic system. The query was when. Now, nonetheless, some companies and specialists are strolling again these predictions, calling into query the validity of a once-trusted recession indicator referred to as the yield curve inversion. “Whereas it’s true that … Read more
Microsoft CEO Satya Nadella arrives at court docket in San Francisco on June 28, 2023. Philip Pacheco | Bloomberg | Getty Photos Microsoft confirmed on Monday that it is eliminating extra jobs, every week after the beginning of its 2024 fiscal 12 months. The cuts are along with the downsizing introduced in January that resulted … Read more
Daniel Grill | Tetra Pictures | Getty Pictures The beginning of the yr was tormented by waves of layoffs: by way of the top of Might, firms introduced plans to chop 417,500 jobs, up 315% from the identical interval final yr, in keeping with Challenger, Grey & Christmas. Massive names like Disney, Google, Lyft and … Read more
One month after Amazon ordered its company staff to return to the workplace, a few of them have walked again out. Rallies passed off exterior the corporate’s Seattle headquarters at this time and Amazon places of work in another cities. The workers are protesting Amazon’s return-to-office mandate and a scarcity of significant progress on its … Read more
Mark Zuckerberg, chief govt officer of Meta Platforms Inc., left, arrives at federal court docket in San Jose, California, US, on Tuesday, Dec. 20, 2022. David Paul Morris | Bloomberg | Getty Photographs Towards the top of 2022, engineers on Meta’s staff combating misinformation had been able to debut a key fact-checking software that had … Read more
Meta is constant with cuts this week, lopping off roughly 6,000 extra of its employees in yet one more spherical of mass layoffs. Most of those latest job losses are anticipated to affect individuals on the enterprise aspect of Meta’s operations—together with employees in advert gross sales, advertising, and partnerships—in keeping with a number of … Read more