United Parcel Service joined a slew of tech companies in announcing that it would be reducing its headcount this year. The company said on Tuesday that it would cut 12,000 jobs in an effort to slash costs as wages rise and its package volumes fall. In the coming months, economists had expected the labor market to become more like its prepandemic self, without the giant job growth that followed the pandemic lockdowns. Construction firms have kept hiring even in the face of high interest rates, because homeowners with low-rate mortgages are generally staying put, leaving new homes as the only option for would-be buyers. The labor market added 353,000 jobs in January, far more than expected, in a sign that economic growth remains vigorous.
Online payment can be done through net banking, credit card, debit card, and other options provided by Bharatkosh payment gateway. In recent weeks, Zoom axed its internal DEI team amid broader layoffs, and Snap cut workers who worked on retention and engagement efforts for employees from underrepresented groups. Meta, Tesla, DoorDash, Lyft, Home Depot, Wayfair and X were among major corporations making steep cuts in 2023, slashing the size of their DEI teams by 50 percent or more, Revelio’s data shows. Some of the biggest names in Corporate America have kicked off the year with large layoffs. Among the reasons for the cuts, which continued in February, companies are dialing back after over-hiring during the pandemic and trimming certain areas to invest in others, such as artificial intelligence. The Pulse with Francine Lacqua The Pulse with Francine Lacqua is all about conversations with high profile guests in the beating heart of global business, economics, finance and politics.
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Management Consultants must possess a bachelor’s or master’s degree in business-related fields. Although candidates from all fields can get an entry in Management Consulting, some specializations like Finance, Economics, or Accounting, are preferred. Today, Management Consulting certifications are also gaining acceptance and acknowledgment by many companies.
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