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Layoffs News: Despite Strong Quarter Earnings, This Biotechnology Company Announces Massive Job Cuts – Here s What The CEO Said

Along with reporting financial results and business highlights for the second quarter on May 5, the biotechnology company announced to lay off 25 per cent of its workforce, as the firm aims at accelerating its path to profitability while simultaneously extending the company’s runway. , Companies News, Times Now

Return to Office or : Top IT Company Warns Employees | DEETS INSIDE

IBM CEO Arvind Krishna has cautioned remote workers that working from home can be hazardous for their career advancement, particularly for managerial roles involving leading people. He clarified that he is not asking employees to return to the office now but mentioned that being a people manager while remote can be tough as managing people requires seeing them occasionally. Meta CEO Mark Zuckerberg had earlier stated that engineers who worked in person with their colleagues at least three days a week performed better on average than remote workers., Companies News, Times Now

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