Accenture to promote 50,000 staff after six-month delay
The move comes as the New York-listed company grapples with a pullback in client spending and greater scrutiny of US government contracts under US President Donald Trump Accenture…
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The move comes as the New York-listed company grapples with a pullback in client spending and greater scrutiny of US government contracts under US President Donald Trump Accenture…
The new head of the US Securities and Exchange Commission told staff on Tuesday the agency has lost 15 per cent of its headcount across offices and divisions and he expects to conduct a…
For the second time in recent months, the Food and Drug Administration is bringing back some recently fired employees, including staffers who handle travel bookings for safety inspectors.…
Two weeks ago, a three-judge panel from the federal appeals court in Washington lifted a freeze on firing employees at the Consumer Financial Protection Bureau, with some conditions. The…
As a particularly cold winter sputters to an end, Pennsylvania’s Low Income Home Energy Assistance Program (LIHEAP), which helps residents pay their heating bills, closed on Friday—several…
HSBC is reducing staff numbers at its China digital wealth business Pinnacle by nearly half, or about 900 people, two sources said, a sharp reversal of the bank’s ambition for the unit as…
Washington Post owner Jeff Bezos announced Wednesday that the newspaper’s Opinions section would now essentially become a mouthpiece for his own beliefs on personal and economic freedoms.…
DBS Group Holdings plans to cut around 4,000 of its contract and temporary staff workforce over the next three years as artificial intelligence increasingly takes on roles carried out by…
FBI Director Kash Patel ordered bureau staff on Saturday not to respond to an email from the Office of Personnel Management—an initiative backed by Elon Musk—requiring federal employees to…
Former U.S. President Donald Trump has removed General Charles "CQ" Brown from his role as Chairman of the Joint Chiefs of Staff. He announced Air Force Lieutenant General Dan "Razin"…
Clearly, automation will affect labor in 2025. But we maintain that when implemented well, automation elevates our employees and empowers our American workers to make U.S. businesses more…
META Platforms has cut back on its yearly distribution of stock options by about 10 per cent for tens of thousands of employees despite the social media giant trading at record highs this…
Since the moment the Department of Government Efficiency (DOGE) was first proposed, Elon Musk’s critics have warned that the world’s richest man was at risk of making decisions that could…
Sam Altman is leaving no room for doubt about his views on an Elon Musk-led bid to take control of OpenAI. In a letter to OpenAI staff Monday, the CEO put the words “bid” and “deal” in…
Officials and federal officers turned away scores of U.S. Agency for International staffers who showed up for work Monday at its Washington headquarters, after a court temporarily blocked…
Alamo Drafthouse has laid off approximately 70 workers from its Manhattan and Brooklyn locations. These cuts were implemented ahead of an expected strike at two of the company’s New York…
Dozens of employees at the U.S. Education Department were put on paid administrative leave in response to President Donald Trump’s order banning diversity, equity and inclusion programs in…
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CATHAY Pacific Airways is planning to slash its profit-share payout to its workers by almost 50 per cent. The Hong Kong carrier is only planning to distribute at least four weeks of…
After battling cancer most of last year, Kate Middleton says she’s now in remission. Catherine, Princess of Wales, who confirmed last March that she had cancer after months of speculation…
BRIDGEWATER Associates dismissed 7 per cent of its workforce on Monday (Jan 6) as the world’s biggest hedge fund seeks to remain lean and maintain the flexibility to hire top talent,…
A TAIWANESE company that is known for giving employees big bonuses has done it yet again. Shipping giant Evergreen announced on Dec 31 that its employees would get an end-year bonus…
FOR the second year in a row, OCBC and UOB will each be giving out a one-off payment to its junior employees to help them cope with ongoing cost-of-living pressures. About S$7.5 million…
JAPAN’S biggest securities firms are raising pay and benefits for workers who reach retirement age, highlighting the urgency to retain talent in one of the world’s fastest-ageing…