Once known for hiring hundreds of thousands every year, five of India’s top six information technology services companies reported a reduction of 73,600 in their total headcount in the last fiscal yearHCLTech, the third largest, was the only exception among the top six, as it added 1,537 employees in the year ended March 31, even as Tata Consultancy Services, Infosys, Wipro, Tech Mahindra and LTIMindtree reported a fall in their headcount. After accounting for the addition at HCLTech, the...
Shafaqna English- Canada budget references to mortgage products aimed at Canadian Muslims have members of the community celebrating, along with the mortgage providers that look to serve them, despite a lack of detail from the government on what is to come. In Tuesday’s budget documents, the federal government indicated that
Canada’s federal budget, released this week, includes a proposal to limit the fees that banks charge customers for overdrawing their accounts. This move is expected to provide relief for low-income clients but could potentially impact the revenue of Canadian banks, Bloomberg reported Thursday (April 18). The proposed cap would be 10 Canadian dollars ($7) for non-sufficient funds […]
Amid financial concerns due to lower-than-planned revenues and unexpected spending needs, Mayor Karen Bass Monday released a proposed $12.8 billion city budget for the 2024-25 fiscal year — a decrease from this fiscal year's $242 million spending plan.Significantly, the proposal — described by Bass a "reset" — includes $65 million in cuts to her signature Inside Safe program; an increase of more than $138 million for the Los Angeles Police Department; and a decrease of about $23 million for the...
Worried artificial intelligence is coming for your job? So is the federal government — enough, at least, to set aside $50 million for skills retraining for workers. One of the centrepiece promises in the federal budget released Tuesday was $2.3 billion in investments aiming to boost adoption of the technology and the artificial intelligence industry in Canada. But tucked alongside that was a promise to invest $50 million over four years "to support workers who may be impacted by AI."...
Tangent, a jobseekers network targeting aspiring tech workers from less advantaged backgrounds, has raised $1.1m (£882,000). Founded by former LinkedIn employee Gary Izunwa, Tangent is a platform that connects jobseekers from low socioeconomic backgrounds with people in tech offering mentorship and referrals. The recently launched Tangent network is initially starting with entry-level tech sales roles, […]
The reason the Fed may be tempted to cut rates would be to help the U.S. cover interest payments on the national debt, according to fund manager Freddie Lait.
Facing yet another contentious presidential election year, a federal bipartisan commission tasked with strengthening election security around the country quietly confirmed in January that its third executive director had departed the agency in as many years. Now, a recently released government watchdog’s investigation summary shows why. Steven M. Frid, the former executive director of the U.S. Election Assistance Commission, was fired late last year after he gave himself a big pay raise and...
There are 400 infants and toddlers in New Jersey with developmental delays waiting months for treatment that could prepare them for school — down time their developing brains do not have to spare. That backlog could be eliminated by including $4.4 million to the proposed state budget to hire more speech, occupational and physical therapists at more competitive wages through the state’s Early Intervention program, which served 17,000 last year, said Cathy Chin, executive director for the Alliance...
Senate plans vote on Ukraine and Israel aid bill that would also force
An FDNY firefighter died after having a heart attack. Derek Floyd had served since 2019 but was terminated amid budget cuts. The city's slashed FDNY's budget to cover migrant spending
Republican attempts to label the migrant surge an “invasion” have fallen flat in the courts, where judges say the flow of people and drugs looks less like a constitution-breaking military incursion and more like the kind of border problems that have plagued the country for decades.