BMW to lay off 10,000 contract workers: source

MUNICH (Reuters) – BMW (BMWG.DE) will not extend the contracts of 10,000 contract workers, a company source told Reuters on Friday, as the German luxury carmaker seeks to reduce its capacity due to the coronavirus crisis. The Munich-based company said earlier on...

Facebook outlines plans to increase workforce diversity

Facebook’s Sheryl Sandberg on Thursday outlined plans to improve minority representation in the higher ranks of the company. In a blog post on the social network’s website, the chief operating officer said Facebook will have 30 percent more people of color, including...

30% of Americans missed their housing payments in June

As the United States continues to face record unemployment due to the coronavirus pandemic, 30% of Americans missed their housing payments in June, according to a survey by Apartment List, an online rental platform. That’s up from 24% who missed their payment just two...

Here’s Your Guide To Getting A New Job

We all aspire to do great things with our careers. It could be finding an awesome, new job, getting that coveted promotion, pivoting to a new type of role or reinventing yourself and starting all over again. It’s easy to say that you want to achieve something. The...

Grab to lay off 360 people, or about 5% of its employees

Grab is laying off about 360 people, or slightly under 5% of its employees. Co-founder and CEO Anthony Tan made the announcement in a letter to Grab employees today. A Grab spokesperson told TechCrunch that the company will not be shutting down offices, and that this...