27% rise in fortunes of billionaires
The global pandemic has put millions of people out of job and it has also paved the way and been a catalyst for a lot of changes. One notable thing during this pandemic, as reported by Swiss Bank UBS is that the worlds richest saw a hike of about 27.5%. It is interesting to see then, just after a W ...
Wells Fargo slashes 700 jobs.
Bloomberg News on Wednesday reported that Wells Fargo & co eliminated more than 700 jobs in commercial banking, kicking off a series of cuts that eventually could number in the tens of thousands. Katie Ellis, Wells Fargo spokeswoman expects “to reduce the size of our workforce through a combinatio ...
US tightens temporary worker visa rules
Up to 85,000 people are granted an H-1B visa each year, and about 500,000 people are currently living in the US under the visa programme. According to the US Department of Labor Statistics, more than two-thirds of H-1B visa holders come from India, and more than 10% come from China. Read more about ...
Microsoft to increase black representation in the USA workforce
Having a diverse workforce has been proven to be quite useful and essential for an enterprise's success. In a blog post, Microsoft says it believes its June pledge to double the number of Black managers and senior employees by 2025 complies with civil rights laws. Read about this here. ...
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