President Ferdinand R. Marcos Jr. on Wednesday assured that no jeepney driver would lose his job due to the implementation of the public utility vehicle (PUV) modernization program with the introduction of electric vehicles on the streets. The President made the assurance following a meeting with transport groups late Tuesday. Marcos said…
In a message to employees, Eric Yuan stated that a US-based employee who is impacted will receive an email to his/her Zoom and personal inboxes in the next 30 minutes. He further stated that non-US employees will be informed after following local requirements. Zoom Begins Layoffs, To Sack Around 1,300 Employees; CEO Eric Yuan Taking 98% Pay Cut.
According to Microsoft's new policy, salaried workers in the US would not be limited to a set amount of vacation days and may take as many vacations as they need.
According to the company, the cuts aim to reduce its "headcount expenses" by around 5 per cent because it is trying to spend less on operations in the face of "current economic conditions" in the advertising and streaming industry, reports The Verge. Roku Layoffs: Streaming Company To Fire 200 US Employees.