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.
"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.
Chief Minister KC Rao will announce the incentive in a couple of days considering their selfless service.
The common thread through all these companies was the use of new-age technologies such as AI, IoT and computer vision.
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.
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.
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.
LinkedIn is helping job seekers with the right skills to quickly find open roles by promoting them on our Jobs page.
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.
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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