Taliban Militants Fed Up With Office Culture, Ready to Quiet Quit Almost two years after the Taliban’s takeover of Afghanistan, the jihadists who transitioned from the battlefields to paper-pushing government jobs in the city are ready to quiet quit. The Afghanistan Analysts Network, a non-profit policy research organization working to increase the understanding of life […]
Continue ReadingEricsson to go on Cost-Cutting With Layoffs
As part of its cost-cutting strategy, telecom equipment manufacturer Ericsson will layoff 8,500 workers globally, according to a memo written to staff members and seen by Reuters news agency. “The way headcount reductions will be managed will differ depending on the local country practice,” Chief Executive Borje Ekholm wrote in the memo. “In several countries, […]
Continue ReadingUS Has a Teacher Shortage
Surrounded by kindergarteners, Lana Scott held up a card with upper and lower case Ys, dotted with pictures of words that started with that letter: Yo-yo. Yak. Yacht. “What sound does Y make?” Scott asked a boy. Head down, he mumbled: “Yuh.” Instead of moving on, she gave him a nudge. “Say it confident, because […]
Continue ReadingFree Subway Rides for the Elderly
In South Korea, free subway rides for the elderly become a political headache Every day, 71-year-old Park Gyung-sun delivers flowers, documents and other packages around Seoul – a job popular among senior citizens who are entitled to ride the city’s subways for free. The work, dubbed “silver delivery” in South Korea, earns Park, a former […]
Continue ReadingNeiman Marcus to Lay Off About 5% of Workforce
Neiman Marcus Group said on Tuesday it would lay off about 5% of its workforce, or around 500 employees, as the luxury department store chain looks to cut costs in a tough economy. The Dallas-based luxury icon, which also owns Bergdorf Goodman, is preparing to distribute pink slips this week to nearly 500 of Neiman’s […]
Continue ReadingFord to Cut 3,800 Jobs in Europe
Ford Motor Co. is planning to slash 3,800 jobs in Europe over the next three years to lower costs and boost profits as it continues to shift toward electric vehicles, the auto maker said on Tuesday. The bulk of the job cuts would primarily hit Ford’s European product development staff, reducing the number of Europe-based […]
Continue ReadingMan Charged After 200,000 Stolen Creme Eggs
A man has been charged with theft after a trailer-load of 200,000 Creme Eggs were stolen from an industrial unit. Joby Pool was arrested in connection with the incident on Saturday which involved an estimated £40,000 worth of confectionery. In a series of tweets, West Mercia Police said the “eggs-travagant theft” unfolded at Stafford Park […]
Continue ReadingInflation Eases Again
Inflation eased for a seventh month straight in January, but interest rates will keep rising as the Fed works harder to root stubbornly high prices out of the economy. Data released by the Bureau of Labor Statistics on Tuesday morning showed prices rose 6.4 percent in January compared to the year before. That marked a […]
Continue ReadingMicrosoft Finally, Officially Pulls the Plug on Internet Explorer
Happy Valentine’s Day — Internet Explorer is now dead. After announcing it would phase out the legacy browser last year, Microsoft announced that it permanently disabled Internet Explorer 11 on consumer versions of Windows 10. The browser was available on Windows 10 previously, despite Microsoft noting that it was “retired” and “out of support.” Windows […]
Continue ReadingMany All-Cash Buyers Snagged Houses
See how many all-cash buyers snagged houses in your neighborhood Rising interest rates, soaring home prices and decreasing inventory aren’t the only things making it difficult to buy a home these days. Last year, nearly a third of U.S. homes were purchased with cash, according to data provided by the realty company Redfin. That’s an […]
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