Tag Archives: brace

Google Employees Brace for a Cost-Cutting Drive as Anxiety Mounts

Google Employees Brace for a Cost-Cutting Drive as Anxiety Mounts

Google workers in Switzerland sent a letter this month to the company’s vice president of human resources, outlining their worries that a new employee evaluation system could be used to cull the work force. “The number and spread of reports that reached us indicates that at least some managers were aggressively pressured to apply a quota” on a process that could lead to employees getting negative ratings and potentially losing their jobs, five workers and employee representatives wrote… Source link

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BofA Says Brace for Recession Shock After Worst Rout in 52 Years

BofA Says Brace for Recession Shock After Worst Rout in 52 Years

(Bloomberg) — A “recession shock” begins for markets following the worst first-half for the S&P 500 in more than 50 years, Bank of America Corp.’s Chief Investment Strategist Michael Hartnett says. Most Read from Bloomberg While expectations of aggressive rate hikes by the Federal Reserve are peaking, inflation expectations are not, and Bofa’s bull and bear indicator remains at “maximum bearish” for a third week in a row, Hartnett wrote in a note. Both stocks and bonds were rocked… Source link

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Stock Traders Brace for a $3.5 Trillion ‘Triple Witching’ Event

(Bloomberg) — Wall Street traders are bracing for fresh equity-market fireworks Friday after another week of global turbulence. Most Read from Bloomberg In a quarterly event known as triple witching, roughly $3.5 trillion of single-stock and index-level options are set to expire, according to Goldman Sachs Group Inc. At the same time, more near-the-money options are maturing than at any time since 2019 — suggesting a bevy of investors will actively trade around those positions. And once… Source link

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European markets weighed down as investors brace for ECB tapering

Markets made muted moves on Thursday morning in London. Photo: Getty European markets saw a muted open on Thursday morning in London, with the FTSE 100 pulling back slightly at the opening bell.  Markets are being weighed by talk of the European Central Bank withdrawing its monetary stimulus due to rising inflation. BHP Group (BHP.L) was among the top fallers in the FTSE, falling 4.8% in early trade as it was outbid for a nickel miner active in Canada’s highly-prospective Ring of Fire region… Source link

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‘Extremely cruel move:’ Jobless workers brace for early end to unemployment benefits in 25 states

On Saturday, the $380 in weekly jobless benefits Robyn Gregorieff and her husband had depended on for basic needs is getting slashed by 79%, leaving the couple with just $80 a week to live on. She would have been entitled to the larger amount until September if her home state of Alaska didn’t cancel federal unemployment programs early due to mounting concerns over labor shortages. “It makes no sense because the federal government is paying that,” the 43-year-old Gregorieff told Yahoo… Source link

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Google partners brace for hit as search giant threatens Australia exit

By Byron Kaye and Paresh Dave SYDNEY (Reuters) – Google’s threatened shutdown of its search engine in Australia over a proposed content licensing law would ripple across industries, saddling partners like Apple with a sudden revenue gap and retailers as varied as affordable Kmart to upmarket David Jones with a supply of potentially useless gadgets. The Alphabet Inc-owned company last month said it would likely pull its core search function from Australia if the government pushes ahead with a… Source link

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Analysis: Google partners brace for hit as search giant threatens Australia exit – Yahoo Finance Australia

GlobeNewswire Global Sustainable Athleisure Market (2020 to 2026) – by Type, Product, Gender, Distribution Channel and Region Dublin, Feb. 12, 2021 (GLOBE NEWSWIRE) — The “Global Sustainable Athleisure Market By Type (Mass and Premium), By Product (Shirt, Yoga Pant, Leggings, Shorts and others), By Gender (Women and Men), By Distribution Channel (Offline and Online), By Region, Industry Analysis and Forecast, 2020 – 2026” report has been added to ResearchAndMarkets.com’s offering. The Global… Source link

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Analysis: Google partners brace for hit as search giant threatens Australia exit

By Byron Kaye, Paresh Dave SYDNEY (Reuters) – Google’s threatened shutdown of its search engine in Australia over a proposed content licensing law would ripple across industries, saddling partners like Apple with a sudden revenue gap and retailers as varied as affordable Kmart to upmarket David Jones with a supply of potentially useless gadgets. FILE PHOTO: Smartphone with google app icon is seen in front of the displayed Australian flag in this illustration taken, Jan. 22, 2021…. Source link

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