Other participants had experienced something similar. Adnan Rizvanovic, a Bosnian in his 60s who now works as a gardener for the program, had once driven trucks and taxis and worked in logistics. Driver wages plummeted after Uber and its local Austrian competitors entered the taxi market; after two heart attacks, Rizvanovic decided it was best …
Shopee has reportedly made three rounds of layoffs this year as its parent company, Sea Limited, struggles for profitability. Lauryn Ishak | Bloomberg | Getty Images More tech startups in Southeast Asia have laid off workers this year as macro headwinds deepened losses and venture capitalists pushed startups to expand their leads. Last week, online …
Tech layoffs in Southeast Asia rise as unprofitable startups seek to expand their leads Read More »
A general view shows the Lukoil oil refinery in Volgograd, Russia, on April 22. (Reuters) Estimated reading time: 5-6 minutes MOSCOW — Most Russian crude oil exports to Europe are now banned, marking the West’s boldest ever effort to put financial pressure on President Vladimir Putin as his brutal war in Ukraine enters his tenth …
The West has just jammed the oil market. The rest depends on Russia Read More »
Location: Parcville Role type: Full time or part time; 6 month CDD Faculty: Faculty of Commerce and Economics Department/School: The Department of Finance Salary: Level A – $77,171 – $104,717 per year plus 17% super (pro-rated for part-timers) Level B- $110,236 – $130,900 per year plus 17% super (pro-rated for part-timers) Level C- $135,032 – …
Until recently, Sam Bankman-Fried, or SBF, was crypto’s golden boy, known for turning his cryptocurrency exchange, FTX, into a $32 billion giant in just two years. But the disheveled, left-leaning 30-year-old was living a lie. SBF, who claimed to be a minimalist philanthropist, had used client funds to prop up his failing crypto empire and …
10,000 Hours | Digital Vision | Getty Images A recent wave of tech layoffs could have American workers wondering if their job is next on the chopping block. So far, there’s little evidence that the thousands of cuts to big tech companies — Meta, Amazon and Twitter, to name a few — are bleeding into …
Tech layoffs may not bode ill for the U.S. economy as a whole Read More »
Holger Scheibe | The image bank | Getty Images The rate of job cut announcements among U.S. employers in November was more than five times higher than a year ago, according to a report by Challenger, Gray & Christmas. Overall, US-based companies announced 76,835 job cuts in November, led by the technology sector. So far …
Job cuts rise in November, forcing employees to focus on career amortization Read More »
Shocking layoff news overshadows a bright labor market. Within weeks, massive layoffs, mostly in tech, including at Twitter, Meta, Amazon, Salesforce, HP, Lyft, Doordash and more, grabbed headlines. More than 50,000 tech workers lost their jobs in November, compared to 12,600 in October, according to Layoffs.fyi. To be clear, overall layoffs remain historically low. Throughout …
Insider experts choose the best products and services to help you make informed decisions with your money (here’s how). In some cases, we receive a commission from our partners, however, our opinions are our own. Terms apply to offers listed on this page. A line of credit is a flexible financing option that you can …
CAIRO: Away from the commercial frenzy around the FIFA World Cup in neighboring Qatar, Saudi Arabia is setting the stage for a business opportunity that could change the Kingdom’s fortunes. In recent months, its banking industry has invited a host of fintech companies that could not only deliver digitalization benefits to its customers, but also …
The FIFA World Cup is a winning match for the regional real estate market Read More »
