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Chinese Brokerage Analysts Once Paid Millions Now Face Job Cuts Amid Industry Retrenchment
Thursday, April 18, 2024 - 10:51am | 559In a significant shift from the recent past, brokerage analysts in China are facing job cuts and pay reductions as the industry undergoes a period of retrenchment following years of growth. What Happened: A number of senior analysts at the state-owned Guotai Junan Securities Co. have recently...
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Will AI Ignite Social Unrest In The UK? Infosys Executive Weighs In
Wednesday, October 25, 2023 - 5:11am | 784Infosys Limited (NYSE:INFY) Consulting’s global AI co-lead, Martin Weis, has voiced concerns over the potential for social unrest in the U.K. due to the rapid advancement of artificial intelligence. Weis suggested that significant upheaval may ensue if societal...
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A $2 Trillion Corporate Debt Wall Could Trigger Job Losses In 2024, Goldman Sachs Warns
Monday, August 7, 2023 - 11:38pm | 365Goldman Sachs predicts significant economic repercussions due to a looming $2 trillion corporate debt wall, Business Insider reports. The bank’s recent note highlighted that higher interest expenses from corporate debt refinancing could lead to decreased capital expenditures and the loss of...
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Gaming Industry Layoffs Continue: SEGA's Relic Entertainment Announces 121 Job Cuts
Wednesday, May 24, 2023 - 5:41pm | 532Relic Entertainment Inc., the Canadian video game developer owned by Sega Sammy Holdings Inc. (OTC: SGAMY), announced the layoff of 121 employees. The Vancouver-based company becomes the latest addition to the growing list of tech companies initiating significant layoffs, a concerning...
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With More Cannabis Industry Layoffs Likely, What Can You Do To Stay Employed?
Monday, October 3, 2022 - 10:56am | 944With layoffs affecting the national workforce, cannabis staffing leaders forecast that more dismissals are expected in the sector over the next few months. Layoffs in recent months have included the likes of Aurora Cannabis Inc (NASDAQ: ACB) and Dutchie, among numerous others. Karson...
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Proof the Government DOES NOT Create Jobs!?
Thursday, August 18, 2011 - 3:13pm | 168In fact, it actually kills them – 70,000 applicants at a time. During a four-day server outage last week, the government job website USAJobs.gov lost 70,000 applications. That's according to the Federal Times (via Gizmodo), which reports that many job seekers couldn't even submit a new application...