Sri Lanka has launched a centralised digital human resources management system for the public service as the government prepares to recruit more than 120,000 additional employees this year, according to Public Administration,
JPMorgan Chase has begun monitoring the digital activity of its junior investment bankers to assess whether their reported working hours accurately reflect their actual workload, as part of a new effort to
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Faced with a record 13 million graduates entering an uncertain job market, Chinese schools are offering vocational degrees in grilling, crayfish, and noodles to prepare students for employment in the booming culinary
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The UK government has announced a drastic reduction in aid spending to some of the world’s poorest nations, cutting funding by 40% over the next year. Under plans unveiled by Foreign Secretary
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The escalating confrontation between Pakistan and Afghanistan is colliding with widening turmoil in the Middle East, creating new economic and security pressures across South Asia. As Islamabad and the Taliban exchange air
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Meta Platforms is considering sweeping layoffs that could affect 20 percent or more of its workforce as the company accelerates spending on artificial intelligence and seeks to streamline operations, according to three
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Sri Lanka is confronting a new wave of geopolitical and economic uncertainty as the expanding conflict in the Middle East begins to ripple across the Indian Ocean region, prompting urgent warnings from
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Concerns are growing over the potential impact of ongoing conflict in West Asia on Sri Lanka’s migrant workforce, with industry representatives warning that as many as 230,000 overseas jobs could be at
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Despite China recording a massive export surplus and expanding its dominance in global manufacturing, many workers in the country’s industrial heartland are facing declining incomes and shrinking job opportunities, according to a
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The United States labor market showed alarming weakness in February as the Bureau of Labor Statistics reported a loss of 92,000 jobs, the largest monthly decline since last October. This figure surprised
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Amazon has reportedly carried out another round of layoffs, this time targeting employees in its robotics division, as the technology and e-commerce giant continues efforts to streamline operations and reduce costs. The
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Morgan Stanley has laid off approximately 2,500 employees, representing about 3 percent of its global workforce, in a move that comes even as the investment banking giant reports strong financial performance. The
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Saudi Arabia has announced a major overhaul of its labour enforcement penalties, aiming to tighten oversight of employment practices and protect workers’ rights. The Ministry of Human Resources and Social Development declared
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The human resources industry in the United Kingdom has grown so large that it is now almost twice the size of the equivalent sector in the European Union and 60 per cent
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Billions of dollars were erased from the stock market value of US-listed technology and financial firms on Monday after a Substack post outlining a pessimistic scenario for artificial intelligence and the American
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Sri Lanka’s garment industry is bracing for a major upheaval as MAS Holdings, one of the country’s largest apparel manufacturers, announced plans to close two factories and reduce staff at another, putting
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