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,
The long-debated question of whether artificial intelligence will replace human labor is inching closer to reality, as new data suggests AI is already reshaping hiring patterns—particularly for new college graduates. A recent
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Global consulting giant McKinsey & Company has reduced its workforce by more than 10% over the past 18 months, marking one of the most significant staff reductions in its nearly century-long history.
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Booz Allen Hamilton, one of the U.S. government’s top consulting contractors, has announced it will cut approximately 2,500 jobs after forecasting weaker-than-expected profits, a move that sent its shares tumbling 18% in
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In an abrupt and devastating move, Next Manufacturing Pvt Ltd, a major garment exporter in the Katunayake Free Trade Zone, shut down its operations overnight on May 19th, 2025—without any prior notice—leaving
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HSBC Holdings Plc is reorganizing its capital markets and corporate advisory divisions into a new unified business, aiming to strengthen its position in the rapidly growing private credit market, the London-based bank
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Ernst & Young has delayed start dates for incoming consultants in its U.S. strategy and deal advisory division for the third consecutive year, citing “uncertain and evolving market conditions,” according to a
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Microsoft Corporation has begun cutting nearly 3% of its global workforce, marking its largest mass layoff in over two years. Although the company did not disclose the exact number of job losses,
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Ninety percent of Indian workers are in the unorganised sector. This does not mean that they are outside trade union structures, but only that most workers must fight very hard to form
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PricewaterhouseCoopers (PwC), one of the Big Four accounting firms, is set to lay off approximately 1,500 employees in the United States, citing historically low staff turnover as a key factor behind the
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Samsung Electronics has vowed to pursue bold acquisitions and deal-making in 2025 as part of a “do or die” bid to revive its growth. This promise comes after the South Korean tech
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The UK government has announced a significant overhaul of Whitehall, introducing measures to streamline the civil service, enforce stricter performance monitoring, and implement performance-related pay for senior officials. The reforms aim to
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by Our Correspondent in New Delhi A massive avalanche triggered by a glacier burst in the Himalayan state of Uttarakhand has left dozens of construction workers trapped under snow. The incident occurred
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The modern workplace is undergoing a transformation unlike any before, driven by rapid advancements in monitoring technology. Whether you’re an office worker, a warehouse employee, or a gig worker in your car,
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Imaging we are in 2030. In a world where Artificial General Intelligence (AGI) has just been realized, with OpenAI’s revolutionary o7 model outperforming human capabilities across the board, many are now grappling
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A new survey conducted by The Times has highlighted a significant shift in the working preferences of Generation Z, revealing that only 1 in 10 young people want to work in the
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