FILE PHOTO: People are seen inside a Huawei store in a shopping mall in Beijing, China, July 14, 2020. REUTERS / Tingshu Wang (Reuters) – Chinese telecommunications company Huawei Technologies Co has cut its 2020 India revenue target by up to 50% and is laying off more than half of …
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Bridgewater Associates, the world’s largest hedge fund, laid off dozens of employees across the company this month, the Wall Street Journal reported Friday. The job cuts included the Bridgewater investigation team, customer services, recruiters, audit groups and the central management team, according to the report. Bridgewater told the Journal that …
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The numbers: Initial jobless claims fell slightly in the second week of July to a post-pandemic low of 1.30 million, but the decline reluctantly points to continued stress on the economy as the United States struggles to cope with the latest outbreak of coronavirus. New claims for unemployment benefits, a …
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America’s most veteran airline pilots face tough decisions about whether to accept lucrative, but … [+] risky – offers to retire early. ASSOCIATED PRESS The nation’s oldest airline pilots, generally between the ages of 60 and 65, are fast approaching deadlines for making decisions about whether to accept early retirement …
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The United States received good news Thursday with the rehiring of 4.9 million people in June, but the economy’s two steps forward in May and June could be followed by a step backward in July. The problem? A resurgence in coronavirus cases, especially in states that allowed their economies to …
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