Is recession staring the US down? Already upon it? Here’s why it’s hard to say
The United States is not in a recession. Probably. Economic output, as measured by gross domestic product, fell in the first quarter of the year.…
Category: Workforce Management
Economy slowing, but recession not inevitable, says US Treasury Secretary
WASHINGTON: U.S. Treasury Secretary Janet Yellen said on Sunday that U.S. economic growth is slowing and she acknowledged the risk of a recession, but she…
Work from Anywhere: From hotel rooms to cafes, professionals turn innovative
A young professional checks into a five-star hotel in suburban Mumbai. She is neither here for a business meeting nor for a mid-week break. As…
Microsoft, Google are latest tech giants to hit brakes on hiring
With recession fears mounting—and inflation, the war in Ukraine and the lingering pandemic taking a toll—many tech companies are rethinking their staffing needs, with some…
Many Australian businesses struggling to find workers
Sydney: Almost 40 per cent of Australian small and medium business owners are facing labour shortages, according to one of the nation’s largest banks. New…
Americans filing jobless claims at highest level in 8 months
WASHINGTON: The number of Americans applying for unemployment benefits last week rose to the highest level in more than eight months in what may be…
IT majors cut back on hiring
Top software exporters including global major Accenture and Indian IT services leader Tata Consultancy Services have sharply reduced new recruitments in the first quarter of…
Oracle is to cost optimize to save $1 billion, in the process laying off thousands
San Francisco: Cloud major Oracle recently considered laying off thousands of workers to save up to $1 billion in cost-cutting measures, the media reported. According…
Why companies need to move away from traditional employee surveys: The Genpact story
Highlights Remote working has negatively impacted the ability of 48 per cent of businesses to integrate new hires into their culture. Almost everyone (91 per…
Announcement of new Appointment
Dear Colleagues, GWFM is happy to share that Pamposh Raina has started a new role as WFM Leader: Global Head of Workforce Management – Adobe…