Meta to lay off 5% of employees in efficiency drive
US media reports said tech giant Meta plans to lay off 3,500 employees. CEO Mark Zuckerberg said underperformers will be fired to make space for new hires.…
Mandatory wearing of masks and gloves on all Moscow public transport
Moscow's streets remain depopulated despite thousands of employees heading back to work. More than 500,000 Moscow employees in industry and construction have been authorized to return to work.…
Nazi death camp Buchenwald quietly marks 75 years since liberation
Only employees of Buchenwald's memorial site attended the anniversary event due to Germany's coronavirus lockdown measures. Authorities called out increasing right-wing extremism in a "Thuringian declaration."…
GE pension benefits freeze may cut deficit up to $8 Billion
General Electric Co. is freezing pension benefits for about 20,000 U.S. employees in a move that could help trim $5 billion to $8 billion from the company’s pension shortfall. Bloomberg Opinion columnist…
GM autoworkers strike in dispute over conditions
Some 49,000 employees in the US walked out after contract talks on pay and benefits with General Motors came to a grinding halt. It marks the first national strike since 2007 for…
Facebook discloses flaw that made users’ passwords visible to employees
Facebook Inc. disclosed a flaw that made passwords of hundreds of millions of users visible to employees, but that they were never visible to anyone outside of the company.…
I have no idea what Trump will say next time – Clinton
Democratic nominee Hillary Clinton spoke at a rally in Iowa on Thursday. She praised Mark Cuban as a 'real billionaire,' whose presence at the first debate unsettled her opponent.…