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  • Job losses in the US could be permanent!

    Job losses in the US could be permanent!

    News by Editorial Team 15 Jun 2020

    Even as the economy is slowly reopening post the lockdown due to the global pandemic there could be some bad news on the horizon. According to the various experts, it is believed the lost jobs would not come back and unemployment rates would remain elevated. The reopening of the economy would force the workers to either retrain or relocate – both could be hard under the given circumstances.

     

    Read more at Bloomberg
  • Work from home not viable for call center employees!

    Work from home not viable for call center employees!

    News by Editorial Team 15 Jun 2020

    While most of the businesses have been operating on the work from the home system due to coronavirus, the employees of numerous call centers around the US realized it is not a viable option for them. According to Karen Harris, New York-based managing director of the Marco Trends Group at consulting firm Bain & Co, said, “These call centers are typically densely occupied, which makes it challenging to protect workers’ health.” Her concerns included if a mere act of singing could spread the virus through droplets in the air, being on the phone for hours at a stretch may leave them with a transmission risk.

     

    Read more at Bloomberg
  • Surge in grocery managers' openings on Glassdoor!

    Surge in grocery managers' openings on Glassdoor!

    News by Editorial Team 12 Jun 2020

    According to the employment site Glassdoor, there has been a significant rise in the grocery manager, warehouse manager, and order selector roles, especially on the site. The site revealed in an analysis that was published on 8 June 2020, the increase in the job openings for the said roles rose between 2 March and 11 May 2020, when the US job market waned owing to the global pandemic. The analysis report also stated that there was a growth of about 648% of grocery manager openings on Glassdoor during the said time period.

     

    Read more at HRDIVE
  • Weekly Jobless claims decline as economy reopens!

    Weekly Jobless claims decline as economy reopens!

    News by Editorial Team 12 Jun 2020

    In a recent development related to the global pandemic, it was found the weekly jobless claims in the US had slowed for the tenth week in a row. It has been reported that while with 1.5 million new claims filed during the week that ended on 6 June 2020, there were millions still who remain unemployed even as the economy is slowly reopening. According to a BLS report, the labor market would take years to recover from the downturn caused due to the global pandemic.

     

    Read more at Forbes
  • Pride celebration goes online amid coronavirus outbreak!

    Pride celebration goes online amid coronavirus outbreak!

    News by Editorial Team 12 Jun 2020

    June, termed as the Pride Month, is the month when numerous companies gather together to celebrate the civil rights achievements and acceptance of the LGBTQ community. But this time, due to the fear of a global pandemic, the annual celebrations would need to shift to a virtual environment. Pride – Fidelity’s Employee Resource Group (ERG) for its LGBTQ+ community and allies – was founded in 1999 and would celebrate its members during the company’s first-ever virtual Pride month.

     

    Read more at HRDIVE
  • UK's CityFibre will create about 10,000 jobs to push for fiber broadband!

    UK's CityFibre will create about 10,000 jobs to push for fiber broadband!

    News by Editorial Team 11 Jun 2020

    According to a statement by CityFibre – the broadband company in the UK, it was revealed the company would be creating up to 10,000 new jobs over the next three years. The move aims to upgrade Britain’s digital infrastructure to full fiber. The UK government plans to deploy gold-standard fast broadband across the country by 2025, which would mainly be delivered through fiber-optic connections to the homes.

     

    Read more at Reuters
  • Lufthansa says more jobs cut in the near future!

    Lufthansa says more jobs cut in the near future!

    News by Editorial Team 11 Jun 2020

    In a recent development, Lufthansa on Wednesday revealed the current situation of the company. The German carrier said about 26,000 employees may lose their jobs as they are surplus to requirements, and that the jobs cut would be more than 10,000 flagged a few weeks ago.

     

    Read more at Reuters
  • Founder of CrossFit steps down from CEO position!

    Founder of CrossFit steps down from CEO position!

    News by Editorial Team 10 Jun 2020

    CrossFit founder and CEO Greg Glassman would step down from his position post the catastrophic few days were in the fitness program have lost key partnerships, endorsements, including the business of hundreds of affiliated gyms across the world. The move came after a pair of offensive tweets by Glassman. In response to a tweet, Reebok, the official outfitter of the brand, said they would end their partnership with the brand.

     

    Read more at The Guardian
  • L&D gets elevated to strategic role amid global pandemic!

    L&D gets elevated to strategic role amid global pandemic!

    News by Editorial Team 10 Jun 2020

    According to a recent survey done by LinkedIn Learning, it was revealed about 64% of global L&D professionals felt that training employees to fill skills gaps would be an urgent priority for organizations especially now than before the global pandemic. The survey, which had more than 200 employees in 21 countries, also stated the strategic position of Learning and Development programs has been raised in their organizations during the coronavirus.

     

    Read more at HRDIVE
  • Savvy chatbots and powerful equipment welcome new employees!

    Savvy chatbots and powerful equipment welcome new employees!

    News by Editorial Team 10 Jun 2020

    The pandemic has brought numerous changes in the way organizations work and one of them is remote onboarding. While organizations found it easy to onboard new employees before the pandemic, amid coronavirus lockdown, the organizations are relying on savvy chatbots and powerful equipment who welcome new employees on board.

     

    Read more at HRDIVE
  • Franchisees of Dunkin' plans to hire about 25,000 workers!

    Franchisees of Dunkin' plans to hire about 25,000 workers!

    News by Editorial Team 09 Jun 2020

    The announcement made by Dunkin’, a unit of Dunkin’ Brands Group Inc stated on Monday about franchisees planning to hire up to 25,000 workers as they prepare for higher demand, as the US states initiate reopening after months-long lockdowns. According to the announcement, new jobs include front-of-counter and managerial roles at restaurants. The company also announced that it was committed to diversity and inclusion.

     

    Read more at Reuters
  • Cloud to hire 5,000 staff worldwide this financial year: Alibaba

    Cloud to hire 5,000 staff worldwide this financial year: Alibaba

    News by Editorial Team 09 Jun 2020

    According to the latest development, Alibaba Group revealed that its cloud unit aims to hire 5,000 workers globally from the present day until the end of this financial year. The announcement revealed the areas where the company would be hiring and the areas included network, database, servers, chips, and artificial intelligence. Jeff Zhang, president of Alibaba Cloud Intelligence, said, “The digital transformation journey for businesses in China, which was previously expected to take three to five years, is now likely to be accelerated to be completed within one year.”  

     

    Read more at Reuters
  • BP to slash 10,000 jobs globally amid drop in oil demand!

    BP to slash 10,000 jobs globally amid drop in oil demand!

    News by Editorial Team 09 Jun 2020

    In a recent development related to the global pandemic, BP announced that it would be cutting about 10,000 jobs globally by the end of the year. The company’s chief executive officer Bernard Looney informed employees about the importance of job cuts including the fact that it would enable the company to cope with the global drop in the oil demand due to coronavirus pandemic.

     

    Read more at The Guardian
  • Emirates, Etihad to continue with salary cuts till September!

    Emirates, Etihad to continue with salary cuts till September!

    News by Editorial Team 08 Jun 2020

    As the aviation industry is trying to stay afloat with a reduced workforce and slashed salaries, the Gulf Carriers Emirates and Etihad announced that they would be extending the period of reduced pay for the workforce until September. The move is meant to preserve cash during the global coronavirus pandemic. The pandemic has hit the aviation industry hard, as the travel is canceled and flights were grounded in March. The decision came in the wake of after the airlines took a stock of their cash.

     

    Read more at Reuters
  • Reddit Co-Founder resigns to make way for a Black candidate!

    Reddit Co-Founder resigns to make way for a Black candidate!

    News by Editorial Team 08 Jun 2020

    In a direct response to the protests over George Floyd’s death and in the face of criticism the US companies have been facing, Reddit co-founder Alexis Ohanian resigned from the company’s board on Friday. The move that was meant to make way for a black candidate and refuting the fact that the companies across the US are just making empty statements about Black Lives Matter. Reddit’s board that currently comprised of all white people – three men and a woman. Ohanian also pledged his future gains on his Reddit stock to the black community.

     

    Read more at Forbes
  • Professionals not happy with workplace 'contact tracing'!

    Professionals not happy with workplace 'contact tracing'!

    News by Editorial Team 08 Jun 2020

    According to a survey by Fishbowl – a workplace communications network – it was found most professionals were against the implementation of contact tracing at the workplace. Contact tracing is an attempt to contain the spread of the pandemic by keeping a track of employees’ contact with each other at the workplace. The survey in which about 17,000 professionals contributed found about 75% of employees responded with a negation saying that they would not allow their employers to trace their activity.

     

    Read more at HRDIVE
  • Bentley to slash 1,000 jobs in the UK amid coronavirus outbreak!

    Bentley to slash 1,000 jobs in the UK amid coronavirus outbreak!

    News by Editorial Team 05 Jun 2020

    In the latest development in the automation industry, the luxury carmaker Bentley would be slashing about 1,000 jobs in the United Kingdome amid the ongoing deadly pandemic. The news as reported by BBC late on Thursday also stated the cuts at the Volkswagen-owned brand that were expected to be announced on 5 June 2020. The statement also stated about carmaker’s likely offer to the workers a chance to take voluntary redundancy.

     

    Read more at Reuters
  • CDC: Modify office spaces before employees return from remote work!

    CDC: Modify office spaces before employees return from remote work!

    News by Editorial Team 05 Jun 2020

    The latest guidelines shared by the Centers for Disease Control and Prevention (CDC) had clear instructions for the employers to revamp the office workstations and improve the ventilation in the offices before reopening the workplaces for the employees. The guidelines that were released on 27 May 2020 also talked about the changes employers should make on the premises so that there is a distance of six feet between each employee. The guidelines also offered a solution where social distancing was not a viable solution.

     

    Read more at HRDIVE
  • Starbucks reopens with limited hours post lockdown!

    Starbucks reopens with limited hours post lockdown!

    News by Editorial Team 04 Jun 2020

    According to a letter sent to the partners of Starbucks, it was revealed Starbucks has offered its employees an extended unpaid COVID-19 paid leave through 30 September 2020. The letter dated 26 May 2020, also said the employees could accumulate up to 20 hours per week toward benefits eligibility. The letter further stated partners on leave would keep their existing benefits and Starbucks would continue to pay healthcare premiums in full for staff enrolled in a company plan.

     

    Read more at HRDIVE
  • Small businesses upbeat despite lost revenue and workforce reductions!

    Small businesses upbeat despite lost revenue and workforce reductions!

    News by Editorial Team 04 Jun 2020

    The recent survey carried out by the firm TriNet – the Harris Poll and HR services revealed majority – about 60% – of more than 500 small and midsize business leaders revealed about the reduction in their workforce. The businesses have reduced their workforce in some or other capacity during the pandemic in the guise of layoffs, furloughs, and shorter working hours for employees. Amid all the workforce reductions and shorter working hours, the businesses are optimistic about their businesses emerging out stronger than before or in a similar position.

     

    Read more at HRDIVE

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