The economic fallout from the coronavirus has come to Silicon Valley, with major tech firms announcing layoffs in recent weeks. On Wednesday (May 6), Uber became the latest company to announce cuts, revealing in a filing to the Securities and Exchange Commission that it will lay off 3,700 workers – roughly 14 percent of its […]Continue reading

From cyber attack to natural disaster to an unpredicted event like virus pandemic, leaders should be ready anywhere anytime when a crisis hits. However, a study shows that crisis is often stressful and the complexity of a crisis is sometimes hard to handle, even for experienced leaders. Analysing a sample of 198 crisis leaders, the […]Continue reading

Although hiring has slowed down amidst the coronavirus crisis, some employers are proactively interviewing and hiring. As reported by the Wall Street Journal, as the social distancing instruction ramped up, companies have shifted to the technology to march hiring. Big tech companies, particularly, will continue to hire at a rapid rate, scooping talent from other […]Continue reading

As of May 9, Singapore’s Ministry of Finance (MOF) has received the Jobs Support Scheme (JSS) payouts from a total of 32 firms. These companies payouts for April are said to be worth a combined S$35 million. According to a spokesperson from the ministry, these companies have also pledged to not use future JSS payouts […]Continue reading