BEIJING: Chinese tech giant and TikTok owner ByteDance is slashing hundreds of jobs in its gaming unit, a source familiar with the matter told AFP on Monday.The move marks a retreat from the competitive video gaming sector.Nuverse, a video game publisher that is a subsidiary of Beijing-based ByteDance, is currently conducting a round of layoffs … Read more
Sheldon Cooper | LightRocket | Getty Images TikTok parent company ByteDance is cutting hundreds of jobs in its gaming division, a person familiar with the matter told CNBC, marking a significant retreat from a segment it has invested billions of dollars in to challenge market leader Tencent. “We regularly review our businesses and make adjustments … Read more
Jakub Porzycki | Nurphoto | Getty Images Amazon on Monday announced it will cut more than 180 jobs in its Amazon Games division as it refocuses its efforts on Prime Gaming, according to an internal company memo viewed by CNBC. The company will close its Game Growth and Crown Channel initiatives as part of the … Read more
Republican presidential candidate Vivek Ramaswamy on Sunday unveiled how he would slim down federal bureaucracy and critics had thoughts. Ramaswamy spelled out on X, formerly Twitter, that if he won the 2024 election he’d “instantly” fire 50% of federal bureaucrats on his first day in office. Who would find themselves terminated? Ramaswamy proposed using the … Read more
Resumes are often integral to job applications, but as skills-based hiring is on the rise, could they become obsolete? Srdjanpav | E+ | Getty Images More often than not, the first step of a job application is submitting your resume. That’s your basic person details, education, job experience. And perhaps a section on volunteering work, … Read more
David Paul Morris | Bloomberg | Bloomberg | Getty Images When a Google employee asked the company if he could organize his work schedule to work fewer hours on more days, a human resources representative responded saying the average Google employee works more than a normal 9-to-5 work day — seeming to refute earlier reports … Read more
Whether you’re a Harry Potter fan or not, you can probably picture the Hogwarts Express and its iconic journey to the wizarding school. it winds through the Scottish countryside, filled with green rolling hills and forests and of course the curved bridge, or viaduct, the train crosses as it approaches Hogwarts. And now you too … Read more
This year, nine out of 12 places in Asia-Pacific received the highest real salary increases in the world, ECA International reported. TOSHIFUMI KITAMURA | AFP | Getty Images Workers in Asia-Pacific are predicted to receive the biggest real pay increase in 2024, according to ECA International. The average real salary increase — which is nominal … Read more
Young woman talking to parents. Getty Images Gen Z and millennial adults are having a hard time achieving the same milestones their parents did when they first ventured out into the workforce. For instance, 55% of young adult respondents find it is “much harder” to purchase a home, 44% said it is harder to find … Read more
Indians currently work an average of 47.7 hours a week, according to the International Labour Organization. Gcshutter | E+ | Getty Images Infosys founder Narayana Murthy recently sparked a controversy on social media when he said young people should be working 70 hours a week to boost India’s economy. While many took to social media … Read more