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  • IBM honors its women leaders in Artificial Intelligence!

    IBM honors its women leaders in Artificial Intelligence!

    News by Editorial Team 13 May 2020

    According to IBM, the women leaders through a variety of AI applications have proven that ‘human and machine collaboration can truly help improve how people work.’  The company announced 2020 IBM Women Leaders in AI honorees on 6 May 2020  at its Think Digital Conference. The statement also shared the list that recognized 35 women leaders in business from  12 countries who have been using AI to drive transformation and growth benefitting the company, customers, and even employees.

     

    read more at HRDIVE
  • US industry workers return to work amid second coronavirus wave!

    US industry workers return to work amid second coronavirus wave!

    News by Editorial Team 12 May 2020

    In a recent COVID-19-related development in the US, the auto industry factory workers started returning to assembly lines in Michigan on 11 May 2020. The move paved the way for reopening the US auto sector, although the fear of the second wave of coronavirus infections remain strong as a strict lockdown situation was eased across the country. The coronavirus had thrown millions of Americans out of job and had brought much of the economy at a virtual standstill. The move is intended to relax the tough restrictions on commerce and social life in the US.

     

    read more at Reuters
  • Hyatt to sack 1,300 employees as COVID-19 cripples travel!

    Hyatt to sack 1,300 employees as COVID-19 cripples travel!

    News by Editorial Team 12 May 2020

    According to an internal announcement made by Hyatt Hotels Corp on late Monday, the hotel chain would be laying off about 1,300 globally in order to fight the pandemic. The move is intended as a step to fight and cope up with the coronavirus crisis that has virtually brought the travel to a standstill as people are staying indoors following the lockdown. The announcement also talked about the pay cuts for its senior management, board members, and all employees as part of a restructuring to fight the crisis. The statement also said that the laid-off employees would receive severance pay.

     

    read more at Reuters
  • Gen Z employees hit hardest by coronavirus-related job loss!

    Gen Z employees hit hardest by coronavirus-related job loss!

    News by Editorial Team 11 May 2020

    According to Gusto – the human resource management software company – Gen Z and the new entrants to the workforce experienced greater job loss as a result of COVID-19 related business closures compared to the other age groups. The report that was published on 1 May 2020 found employees with low-wage jobs in low-income areas experienced the brunt of layoffs, as small businesses made the tough decision of letting go of their employees.

     

    read more at HRDIVE
  • Japan's central bank gets its first female executive director!

    Japan's central bank gets its first female executive director!

    News by Editorial Team 11 May 2020

    A recent overhaul in the personnel department in Japan’s central bank witnessed some extensive changes on Monday.  One of the major changes was the appointment of the first female executive director in the male-dominated institution. Tokiko Shimizu, at the age of 55, became the first woman to step into the executive director post. She would be taking up one of the six executive director posts, as announced in government appointments on Monday. With her appointment at BOJ’s top bureaucrat post, the central bank is making efforts to diversify its management.

     

    read more at Reuters
  • Frank Bisignano to replace Jeffery Yabuki as Fiserv's CEO

    Frank Bisignano to replace Jeffery Yabuki as Fiserv's CEO

    News by Editorial Team 08 May 2020

    In an internal announcement by the payments giant Fiserv Inc, it was stated Frank Bisignano would take the organizational reins as the company’s chief executive on 1 July. Bisignano would succeed Yabuki in the role, who would remain as the executive chairman until the end of 2020.

     

    read more at Reuters
  • Sick leave law doesn't cover warehouse workers – Amazon

    Sick leave law doesn't cover warehouse workers – Amazon

    News by Editorial Team 08 May 2020

    Amazon Inc – the online retail giant – has again come under a scanner for flouting the state guidelines for COVID-19. The workers in southern California’s industrial heartland revealed the organizational policies that were forcing sick workers to report to work. The workers also informed that warehouses refused to comply with a state’s sick leave law that was meant to prevent the spread and protect the public from the COVID-19 pandemic. The workers fear job loss among other things.

     

    read more at The Guardian
  • Gig workers face unemployment limbo!

    Gig workers face unemployment limbo!

    News by Editorial Team 08 May 2020

    According to Bluecrew – a staffing technology platform, hourly and gig workers face severe challenges while filing for unemployment and accessing government assistance. The recent report dated 30 April 2020 was based on a survey of more than 1,650 workers across salaried positions, hourly employees, and gig workers in the US. The report revealed about 45% of hourly and gig workers had filed or plan to file for unemployment and about 47% of them were concerned about accessing unemployment benefits.

     

    read more at HRDIVE
  • Debenhams in the UK to slash 1,400 jobs!

    Debenhams in the UK to slash 1,400 jobs!

    News by Editorial Team 07 May 2020

    British department store Debenhams take a hit due to coronavirus and plans to shut its five stores in Hammerson, as it was not able to agree on rent terms with the mall operator. The stores shut down would lead to about 1,400 job cuts. Amid the lockdown in the UK, retail property owners and tenants have been working together to defer rent payments and find feasible solutions that would allow shops, businesses, and landlords to ride out the rough times.

     

    read more at Reuters
  • US employees worry about coronavirus exposure at work!

    US employees worry about coronavirus exposure at work!

    News by Editorial Team 07 May 2020

    According to the recent survey by Ipsos for Eagle Hill Consulting, about more than half of the US employees were worried about job exposure to the deadly coronavirus. The survey report was released on 28 April 2020 and revealed employees would be less worried if there are appropriate provisions like protective equipment like gloves, masks, and hand sanitizers are made available. In addition, about 56% of employees felt employers had the right to know whether employees tested positive for the disease or not.

     

    read more at HRDIVE
  • Wearables come to employers' aid to help smooth reopen plans!

    Wearables come to employers' aid to help smooth reopen plans!

    News by Editorial Team 07 May 2020

    In a recent development to fight coronavirus, the warehouse, and factory who are thinking to reopen their business ponder over the safety of the workers. The options of a variety of wearables have presented themselves as an option, the employers are dealing with questions like – Could these wearables alert workers if they come close to someone who could be sick? 

     

    read more at HRDIVE
  • Airbnb lays off 25% of employees amid Coronavirus crisis!

    Airbnb lays off 25% of employees amid Coronavirus crisis!

    News by Editorial Team 06 May 2020

    The latest organization to take a hit due to COVID-19 is the startup for home rentals – Airbnb. In a statement released by the organization, it revealed about job cuts for about 25% of its employees or about 1,900 employees. The home rental startup said with the global travel being standstill due to coronavirus, the business has been hit hard. The internal memo also talked about the revenue forecast for 2020 to be less than half of what the company earned in 2019.

     

    read more at Reuters
  • Program to aid small business owners swells amid COVID-19!

    Program to aid small business owners swells amid COVID-19!

    News by Editorial Team 06 May 2020

    In a positive response to the deadly coronavirus, the US Hispanic Chamber of Commerce (USHCC) along with Wells Fargo amplified the program they created to help small businesses grow. The announcement about the expansion of the Avanzar Small Business Accelerator program was made on 27 April 2020. The Avanzar program would track performance metrics including jobs created, access to capital, and contract opportunities.

     

    read more at HRDIVE
  • Qatar Airways plans substantial job slashes due to travel disruptions!

    Qatar Airways plans substantial job slashes due to travel disruptions!

    News by Editorial Team 06 May 2020

    In a recent notice issued by Qatar Airlines, it was stated the airline plans to cut a substantial amount of jobs due to travel disruptions caused by a deadly coronavirus. The notice didn’t reveal how many jobs would be cut. Additionally, Qatar Airway’s spokesperson was also not available for comment.

     

    read more at Reuters
  • United Air to slash 30% of managerial staff!

    United Air to slash 30% of managerial staff!

    News by Editorial Team 05 May 2020

    According to the internal statement by United Airlines Holdings Inc., the airline plans to cut about 30% of its managerial and administrative jobs in October 2020. The airline company that braces for a prolonged travel slump due to COVID-19 says it is about to slash 3, 500 positions. The statement also revealed that management and administrative employees should take about 20 days to leave without pay between 16 May and 30 September.

     

    read more at Bloomberg
  • Grammy Awards appoints first chief diversity officer!

    Grammy Awards appoints first chief diversity officer!

    News by Editorial Team 05 May 2020

    In the latest development on the inclusion front, the Recording Academy, the organization that organizes Grammy Awards has continued with the recommended steps toward inclusion with the appointment of a woman in a position as a chief diversity officer. Valeisha Butterfield Jones would start with her stint from 11 May 2020.

     

    read more at HRDIVE
  • Senior-level departures are different for men and women!

    Senior-level departures are different for men and women!

    News by Editorial Team 05 May 2020

    According to the Citigroup report published on 29 April 2020, revealed the reasons for senior-levels professionals vary from man to woman. In the report published, Citigroup threw light on the fact women at senior-level tend to focus on things related to leadership and the company, while their male counterparts in a similar position tend to focus on building their relations with the managers.

     

    read more at HRDIVE
  • Remote work could become a new norm post pandemic!

    Remote work could become a new norm post pandemic!

    News by Editorial Team 04 May 2020

    The latest report by Hired’s State of Remote Work 2020, threw light on how pandemic-driven disruptions have made almost half of the North American tech talent more interested in remote working as compared to before the pandemic hit the world. The survey featured about 2,200 tech workers from about 300 companies and was released on 28 April 2020. According to the survey, there are just 5% of professionals who revealed their lack of interest in remote working.

     

    read more at HRDIVE
  • Ryanair slashes 3,000 jobs as Europe's airline feels lockdown pain!

    Ryanair slashes 3,000 jobs as Europe's airline feels lockdown pain!

    News by Editorial Team 04 May 2020

    In a recent development related to coronavirus, Ryanair Holdings Plc would slash about 3, 000 jobs. The airline also said it would challenge about 30 billion euros ($33billion) in state aid that were distributed to save the airline’s European competitors. Ryanair adds on to the piling employment toll that includes 12,000 cuts at British Airways and 5,000 at SAS AB. The reductions in the job cuts would represent about 15% of Ryanair’s workforce and would include pilots and cabin crew.

     

    read more at Fortune
  • Lack of reliable internet hindered smooth transition to remote work!

    Lack of reliable internet hindered smooth transition to remote work!

    News by Editorial Team 04 May 2020

    According to a recent survey done by Asana – a work management software firm – about 53% (more than half) of knowledge workers revealed they lacked a dedicated workspace, personal computer, or laptop including a reliable internet connection. The survey results were released on 29 April 2020 and included contributions from about 5, 140 full-time employees working from home and remotely from countries like Australia, Germany, Japan, the UK, and the US.

     

    read more at HRDIVE

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