News Updates

August 4, 2022 / Business News, GWFM NEWS, Skill, Workforce Management, Workplace

According to study: Workplace closure boosted mental health during the Covid pandemic

London: While restrictions invoked to curb the transmission of Covid-19 hit the mental health of women, young adults the most,...
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August 4, 2022 / Business News, Economy, GWFM NEWS, Industry Trends, WFM Trends, Workforce Management, Workplace

Over 32,000 tech workers fired in US, more than 11,000 in India till July

More than 32,000 tech workers have been laid off in the US till July, including at Big Tech companies like...
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July 28, 2022 / Business News, Economy, GWFM NEWS, Hybrid, Industry Trends, WFM Trends, Workforce Management

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...
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July 25, 2022 / Business News, Economy, GWFM NEWS, 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...
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July 25, 2022 / Business News, Economy, GWFM NEWS, Hybrid, Industry Trends, WFM Trends, Workforce Management

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...
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July 22, 2022 / Business News, Economy, GWFM NEWS, Hybrid, Industry Trends, Workforce Management, Workplace

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...
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July 22, 2022 / Business News, Economy, GWFM NEWS, Skill, WFM Trends, Workforce Management, Workplace

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...
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July 22, 2022 / Business News, Economy, GWFM NEWS, Industry Trends, WFM Trends, Workforce Management

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...
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July 18, 2022 / Business News, Economy, GWFM NEWS, Industry Trends, WFM Trends, Workforce Management

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...
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July 12, 2022 / Business News, Economy, GWFM NEWS, WFM Trends, Workforce Management

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...
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