Boss apologises for firing 900 workers over a Zoom call
10 December 2021 | 9:25 am
The CEO of mortgage company Better.com has apologised for firing 900 of his employees on a Zoom call. The video of Vishal Garg announcing the layoffs went viral online, and he has now published a statement admitting he "blundered" through the move, and that the manner of his announcement "made a difficult situation worse." Also today, Turkey's president appeals for patience over his economic policies, as Turks face spiralling inflation and a plunge in the value of the lira.
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The remains of several missing young call center workers have been identified in Mexico. Last week, authorities discovered 45 bags containing parts of dismembered bodies.
Nigeria's domestic security services questioned the head of the economic and financial crimes unit head, Abdulrasheed Bawa, following his suspension.
Germany has two million jobs to fill. Now it is reforming its immigration laws to help close the gap, and may bring in, and keep, foreign talent.
With a record-breaking 30 million tonnes of sugar produced last year, India recently became the world's largest sugar producer, surpassing Brazil. But at what cost? Every year, from September to March, over 1.4 million Indian workers migrate internally, searching for work in sugar cane fields. The labourers are paid a meager €300 to €400 for six months of hard toil, with only one day off per month.
Forget about employee burnout; unemployed workers are also tired. Amid layoffs and hiring freezes, both employees and job seekers are struggling with high levels of burnout. Jobseekers are facing a frustrating, time-consuming cycle of submitting applications, only to be met with rejections or no response.
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As part of a new immigration bill, the French government is hoping to fill labour shortages with undocumented migrants by offering them a one-year residency permit. But despite President Emmanuel Macron having promised progress in the first fortnight of July, plans for the bill have been overshadowed by the recent riots, while right-wing politicians still disagree over several aspects of the legislation.
Tech companies shed more than 386,000 jobs last year and in the first half of this year, according to Layoffs.fyi. That number is climbing. But while layoffs have taxed workers, a booming artificial intelligence market is giving the industry a renewed sense of optimism.
Jose Adolfo "Fito" Macias was transferred to a high-security prison in a heavy military and police operation. Slained presidential candidate Fernando Villavicencio had complained of receiving death threats from Macias.
A new report by the UN's International Labor Organization found that AI can help with certain duties rather than take over entire jobs. However, clerical workers remain exposed to full automation.
The president of the Spanish Soccer Federation, Luis Rubiales, has said he will not resign after kissing a player on the lips after the Women's World Cup Final.
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