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...

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...