Office Accountant: When starting a small business or a startup Company, you should know that the exchange of money and issuing of receipts never end. As a result of this, there are financial issues that are sure to arise, and you might need an office accountant to contain different financial situations. When Starting a business […]
March Jobs Report: According to the new job report also known as the Employment Situation Summary, released by the U.S. Bureau of Labor Statistics (BLS) for March, United States employers added 236,000 jobs in March, coming in below expectations of 239,000 jobs forecast by economists and also below the 311,000 jobs created in February. What […]
Nigerian Federal Government: The Nigerian Minister of Information and Culture, Alhaji Lai Mohammed, during the Advertising Industry Colloquium 2023 organized by the Advertising Regulatory Council of Nigeria (ARCON) in Lagos, has once again said that the implementation of the policy which ensures that 75% of local content is integrated into all advertisement, advertising, and marketing […]
Amazon: The management at Amazon has announced that the company will cut another 9,000 jobs across its global business. Just months after Amazon announced it had expanded staff-cutting plans to affect more than 18,000 workers, it finally came up with the second largest cutting of staff at the online retailer this year. Amazon does not […]
Walmart has joined the list of big companies that are planning to lay off staff, this has led to another massive job cut at Walmart, as the company plans to lay off another set of hundreds of workers, marking Walmart as another organization with significant cut jobs in the past few months. The Great Layoff […]
After weeks of rumors of the potential bankruptcy filing or a sale of the company, Bed Bath & Beyond has finally followed suit in the steps of other major companies in the United States. This has led to massive job cuts of 572 employees at its e-commerce facility, as the company plans to lay off […]
The gradual 20% Yahoo layoff of its workforce proposed to continue till the end of 2023 is still on, this was said to happen with the elimination of more than 1,600 employees in the business. This comes as a surprise to many as Yahoo is still profitable, earning around $8 billion in yearly revenue. Yahoo’s […]
Silicon Valley Bank: As the news of the collapse of Silicon Valley Bank, a choice institution for tech startups and venture capitalists, many employers in the tech space, including Silicon Valley Bank itself, went from a position of new staff intake to one where there were gradual mass layoffs. Reports now reveal that in January […]
Facebook Parent Meta: Mark Zuckerberg’s vision for his social media platform “Facebook-parent Meta” in reducing wasteful spending and the proposed “year of efficiency”, has led to another massive job cuts, as the company plans to lay off another 10,000 workers, marking the second round of significant job cuts announced by the tech giant in four […]
India unemployment rate: in India, unemployment rate report rose higher to 7.45% in February 2023. That is 0.31% higher than the 7.14% in January 2023. This has placed the total number of unemployed citizens within the workforce age in the country at 33 million compared to 31.5 million in January. Labour Market Analysis on India’s unemployment […]
Silicon Valley Bank: The financial sectors of the United States of America (USA) as well as Europe were thrown into a frenzy after the collapse of the 16th largest bank in the United States of America. This is the first bank to collapse since the 2008 global economic crisis, making it the second biggest bank […]
Nigeria’s Unemployment Rate: In the course of launching the 2023 outlook report, The Nigerian Economic Summit Group (NESG) has predicted that Nigeria’s unemployment rate will likely hit 37 percent in 2023. According to the Nigerian Economic Summit Group (NESG) Outlook report titled “Nigeria in Transition: Recipes for Shared Prosperity”, it was revealed that the unemployment […]
Jobs Report: The new job report also known as the Employment Situation Summary, released by the U.S. Bureau of Labor Statistics (BLS), shows that the labor market remains tight despite rising risks of a recession, contributing to keeping inflation elevated via solid wage gains. Job creation decelerated in February but was still stronger than expected […]
When Starting a business or a startup company, you at first may forget about considering how to pay yourself in the course of building the business, when drafting your first business plan. It is really funny that many business and startup company owners still use up all the profits coming into the company without having […]
Julie Su: As labor Secretary Martin J. Walsh wishes to vacate office since he plans to leave his position in March 2023. President Biden showed his will to nominate Julie Su, the deputy labor secretary, ‘whose contributions to this Biden administration achievements won her widespread backing from labor unions’, to succeed Martin. Julie Su’s Ethnic […]