The CEO of a San Francisco-based tech company has issued an apology after quoting civil rights champion Martin Luther King Jr. in an email announcing layoffs, which was massively trolled online. In the 1,700-word email sent last week, PagerDuty CEO Jennifer Tejada said that she was slashing 7% of itsContinue Reading
On Tuesday, the first day of Parliament’s budget session, and a day before the presentation of the Union budget, the annual Economic Survey will be tabled for parliamentarians, and then presented before the public. Click here for full coverage of Budget 2023 Union finance minister Nirmala Sitharaman will table theContinue Reading
Most of Adani Group’s companies extended a $51 billion stock selloff, an indication that the billionaire’s rebuttal of fraud allegations from American short seller Hindenburg Research is largely failing to convince investors. The dollar bonds also fell. Adani Green Energy Ltd., Adani Total Gas Ltd. and Adani Transmission Ltd. eachContinue Reading
When the Singapore Airlines Group (SIA) released its operating statistics for December 2022, it revealed that it carried almost 12 per cent more passengers compared with a month ago and four times more than a year ago. Its two carriers, SIA and Scoot, carried a total of 2.7 million passengersContinue Reading
A Dublin-based recruiter, who was hiring candidates for Google, has revealed he got laid off as part of the company’s recently-announced drive to layoff 6% of its workforce (around 12,000 employees), with his termination coming while he was in the middle of a call. Also Read | ‘I am deeplyContinue Reading
ANI | | Posted by Ritu Maria Johny There will be no Zero Hour and Question Hour in both Houses of Parliament during the first two days of the Budget Session, a Parliamentary Bulletin released on Saturday said. The Budget Session of Parliament shall begin on January 31 with theContinue Reading
The Adani Group on Sunday issued a detailed statement on the Hindenburg report and said the allegations against the company are nothing but lies. The Hindenburg report is neither independent, objector nor well-researched, the 413-page statement said. Read | LIC doubles down on Adani amid Hindenburg’s fraud claims The AdaniContinue Reading
Meta CEO Mark Zuckerberg has reportedly announced that he is not in favour of “managers managing managers, managing managers, managing managers, managing the people who are doing the work”. According to the weekly newsletter Command Line from The Verge’s Alex Heath, Zuckerberg hinted at more layoffs in middle management duringContinue Reading
A $2.5 billion share sale by India’s Adani Enterprises remains on schedule at the planned issue price, the company told Reuters on Saturday, while sources said bankers were considering changes due to a market rout in the group’s shares. Bankers on the deal were considering extending the sale or cuttingContinue Reading
The initial registration period for 2024 H-1B work visas will open from March 1 to March 17, 2023, according to a statement by the US Citizenship and Immigration Services (USCIS). During this period, prospective applicants and representatives can complete and submit the required details using USCIS’ online H-1B registration system,Continue Reading