Lay off

Tech

Alibaba cuts a third of deals team staff after regulatory crackdown-sources

Alibaba plans to reduce its strategic investment team of more than 110 people, mainly based in mainland China, to about 70, said two of the people, adding the company has already informed a bulk of...

World+Biz

Better.com CEO apologizes after laying off 900 employees via Zoom call

Economy

Shohoz ‘laying off’ ride-sharing, food delivery teams

RMG workers at a factory. File Photo: Mumit M/TBS

RMG

Call to not lay off workers for more than 45 days

Planes of German carrier Lufthansa are parked on a closed runway at the airport in Frankfurt, Germany, March 23, 2020, as the spread of the coronavirus disease (Covid-19) continues/ Reuters

Aviation

Lufthansa will have shed 29,000 staff by year end

Global Economy

Disney to lay off about 28,000 parks unit employees due to coronavirus hit

The Bangladesh Sugar Mills Sugarcane Federation and Bangladesh Sugar Industries Corporation Workers Federation announced a nationwide strike from Monday. Photo: Collected

Industry

‘No plan to close down state-owned sugar mills or lay off workers’

The continued drop in Turkey’s labour force participation rate, government allowances and unpaid leave practices mask a sharp increase in unemployment rate. Photo: Bloomberg

Global Economy

Unemployment on the sly where layoff is banned

Rakibul, right, and Jane, both students from Bangladesh, read a Japanese book in Osaka Prefecture on April 23. (Yoshiyuki Ito)

Global Economy

Foreign students in Japan are being laid off from their jobs

RMG