Search result for pay cuts
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...