JAPAN’S JOB-TO-APPLICANT RATIO FELL TO ITS LOWEST IN JUNE

Highlights –

• Japan’s job-to-applicant ratio fell to its lowest in June.
• Due to the pandemic, more people were out of work.
• The unemployment rate in June fell to 2.8 percent.
• Around 740,000 people voluntarily left the...

BRITISH AIRWAYS TO RESTRUCTURE ITS STAFF CAPACITY

Highlights –

• Coronavirus pandemic leads to further job cuts in British Airways.
• The airline plans to cut around 12,000 jobs; put 300 jobs on hold.
• Operating flight crew members and pilots likely to have pay cuts.
• Many airli...

IBM SACKS THOUSANDS OF EMPLOYEES AS NEW CEO LOOKS FOR REVIVAL

Highlights

• IBM will cut some salaries till October 31, as executives are told to take pay cuts of 20 to 25 percent

• IBM is moving majority of its resources to the cloud

• IBM is offering subsidized medical coverage to all affected U.S. employees til...