PPP Norms and Regulations for Fund Eligibility and Forgiveness
The ongoing Coronavirus pandemic has threatened the livelihood of many small and medium enterprises. The lockdown has led to small offices, factories, retailers, hotelier...
Small Businesses Get Flexibility under New PPP Loan Forgiveness Bill
On June 4, 2020, Congress passed the Paycheck Protection Flexibility Act of 2020 and improved the Paycheck Protection Program (PPP) for small-business loans. The bill att...
Amazon to Offer 70% of New Workers a Permanent Job
To ease the blow on the US economy, Amazon is now offering full-time positions to most of the 175,000 temporary workers it brought onboard since March. The hiring would a...
Renault to Cut 15000 Jobs as Revenues and Sales Fall
Renault, the French carmaker, announced that it will be cutting 15000 people from its workforce worldwide as part of a two billion-euro cost-cutting plan. The jobs will b...
The Second Wave of Mass Layoffs Has Begun
In just three months, the coronavirus pandemic has driven unemployment in the United States to levels akin the 1930s Great Depression. The COVID-19 outbreak has claimed 3...
UK Furlough Scheme: A Quick Guide for Employers
The Furlough Scheme, officially known as the Coronavirus Job Retention Scheme was launched in March. It allows UK employers to furlough workers and claim a cash grant of ...
UK’s Furlough Scheme: Firms to cover a quarter of furloughed staff’s wages
Under the furlough scheme, employers will be asked to cover between 20 percent and 30 percent of a worker’s wage. Businesses would also need to pay national insurance c...
IBM Layoffs: Thousands Lose Jobs as Big Blue Swings the Axe
IBM is cutting an unspecified number of jobs in its first major workforce reduction under the new chief executive office Arvind Krishna. Armonk, N.Y.-based IBM said in a ...
Spotify Extends Working from Home Policy Until 2021
Spotify joins that growing list of tech companies that will let employees continue working from home for the rest of the year. ...
Uber Announces Further Job Cuts; 23 Percent of Workforce Let Go
Uber announced further job cuts via an email sent to employees by CEO Dara Khosrowshahi. The company has cut 23 percent of its workforce and says that it will now concent...
Airbnb Laying Off Thousands of Workers
Once valued at roughly $31 billion, Airbnb is now facing the wrath of the coronavirus pandemic. The company has not decided to lay off 25 percent of its worker in a bid t...
Uber to cut 3,700 jobs, close 180 driver centers
Uber Technologies Inc., the ride-hailing company, reported its biggest loss in the last three-quarters of $2.9 million in its latest earnings report. Uber’s loss we...
85% Of US Gig Workers Willing To Attend Work During Coronavirus Pandemic
In a research survey conducted by staffing leader PeopleReady, it was found out that 85% of Gig Workers don’t have any Fear of Going to Work during the Coronavirus Pand...
Employers Can Test Workers for Virus before Joining For Work
The Equal Employment Opportunity Commission (EEOC), the U.S. agency that oversees any disability discrimination at the workplace, announced on April 23 that companies are...
Economic Impact Payments’ Status Check, And Where to Look
The COVID-19 coronavirus pandemic has led to millions of American citizens applying for employment benefits. On its part, the federal government has come up with a stimul...
Instacart’s Hiring Spree Rises with Unprecedented Demand
Grocer delivery and pick up service Instacart is adding more support roles to help its shoppers, customers, and retail partners. The company is suddenly facing an unprece...
