A photographer who worked for Megan Thee Stallion said in a lawsuit filed Tuesday that he was forced to watch her have sex, was unfairly fired soon after and was abused as her employee. In the suit filed in Los Angeles Superior Court, Emilio Garcia said that after a night out in 2022 in Ibiza, … Read more
Bengaluru: The full-year headcount at IT major Infosys declined for the first time in nearly 23 years, by 25,994 in the financial year 2023-24. The full financial year headcount was 317,240 — a 7.5 per cent decrease from the previous fiscal year. “Our utilisation rate has improved from 77 per cent utilisation including trainees in … Read more
RBC has terminated chief financial officer Nadine Ahn following an investigation into a personal relationship she allegedly had with another employee. In a statement released Friday evening, RBC says it recently became aware of allegations involving Ahn and launched an internal review, while also consulting external legal counsel to investigate. It says the probe found … Read more
The recent decision by SaltWire Network Inc., Atlantic Canada’s largest newspaper company, to seek protection from its creditors is another sign of the decline of the business and the growing threat to local journalism, experts said Tuesday. “We’re seeing a resurgence in a steady spate of closings and scaling back of local news operations,” said … Read more
Life Insurance Corporation (LIC) New Delhi: The government has approved a 17 per cent overall hike in wages for more than 1.10 lakh employees of insurance giant Life Insurance Corporation of India (LIC). The wage hike approval has come days after the government cleared a similar raise for the employees of public sector banks. The … Read more
An IT firm run by a defence department employee has been awarded millions of dollars in government contracts since 2015. Dalian Enterprise has come in for scrutiny recently over its involvement in the development of the ArriveCan app. The company had received $7.9 million for its work on the project as of last March, according … Read more
The Canadian economy added 37,000 jobs in January as unemployment fell slightly to 5.7 per cent, the first decline since December 2022, according to a Friday report from Statistics Canada. After three consecutive months of little change in the jobs rate, the January figures were better than economists expected but were mostly driven by an increase … Read more
San Francisco: Google has laid off more than 1,000 employees in the latest round of job cuts announced by the company, media reports said on Tuesday. The company laid off workers in several departments, including Google’s hardware, central engineering teams, and Google Assistant. In an email sent to laid-off employees, it said that the decision … Read more
New Delhi: Bike-taxi startup Rapido saw its losses surge nearly 54 percent in the last fiscal year (FY23) to Rs 675 crore, from Rs 439 crore in FY22. An increase in riders’ cost, IT and employee benefits were behind Rapido’s surging losses in the last fiscal year. Incentives and charges paid to riders accounted for … Read more
New Delhi: As generative AI threatens millions of jobs, tech companies globally are now sacking employees even in the holiday season (they had spared workers in 2021 and 2022 festive seasons amid the global meltdown and started layoffs only in the first month of the New Year). Tech companies, including startups, around the world have … Read more
