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FedEx Hoards Cash, Slashes CEO Pay Amid Coronavirus Threat

FedEx and larger rival United Parcel Service have asked the U.S. Treasury to move quickly to release billions of dollars in government grants and loans to support the sector.

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ECB Announces Salary Cuts To Protect Jobs Amid COVID-19

"Proposed cuts will vary according to the employee's job grade, ranging from 25% to 10%. The Executive Management Team and Board will receive a salary reduction of 20%," the ECB said in a statement.

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Medical, Health And Police Department Employees To Get Full Salary With Additional Incentives: CM KCR

Chief Minister KC Rao will announce the incentive in a couple of days considering their selfless service.

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Entrepreneur First Introduces 5 Innovative Startups To India's Best Investors

The common thread through all these companies was the use of new-age technologies such as AI, IoT and computer vision.

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Disney To Furlough Some U.S. Employees In Wake Of Coronavirus

Disney had committed to full pay and benefits for all employees through April 18 despite the closure of theme parks, halting of film and TV production.

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As Millions Lose Jobs, Policymakers Say The Recession Is Here

The world's biggest economy will recover will depend on how much aid the government gives it, and how effectively it can be used to stem what are already millions of job losses.

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COVID-19: Technologies Being Used By UniAcco To Track The Work Of Employees

UniAcco has also taken effective precautions to maintain the health of their employees and using various software to track the work of its employees from home.

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Linkedin Offers Free Job Postings For Critical Roles To Fight COVID-19

LinkedIn is helping job seekers with the right skills to quickly find open roles by promoting them on our Jobs page.

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Boeing To Offer Voluntary Layoffs To Employees To Tide Over Coronavirus Fallout

Boeing Chief Executive Dave Calhoun is expected to detail a voluntary layoff plan in a memo to employees as early as Thursday, the second person said.

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U.S. Weekly Jobless Claims Seen At Record High - Again

More than 80% of Americans are under some form of lockdown, up from less than 50% a couple of weeks ago, leaving state employment offices overwhelmed by an avalanche of applications.

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