Can layoffs harm shareholder returns?
In many notable bellwether companies, particularly in the technology, retail and financial services industries, this is taking the form of layoffs...
Category : Markets
Dell backtracks on remote work promise, asks staff to return to office
Even if Dell is one of many businesses requesting that employees return to work, there is no consensus...
Abu Dhabi Global Market set for expansion
Following the expansion, Abu Dhabi Global Market will have a total area of 1,438 hectares, or 14 million square metres...
Trouble for Ankiti Bose as Zilingo investors indicate legal action against the ousted CEO
In March 2022, Zilingo suspended Ankiti Bose due to alleged financial irregularities committed by her...
Work From Home job openings in UAE: All you need to know
Around 1,500 Work From Home employment is available on Bayt.com, with over 600 of them in the GCC and more than 300 in the UAE...
Top emerging market in MENA is UAE: Kearney’s index
A significant portion of the USD 66 billion in possible FDI inflows into Pakistan and the MENA region this year is anticipated to come from the UAE...
Billionaire businessman Richard Branson’s Virgin Orbit fires 85% of employees
According to Virgin Orbit CEO Dan Hart, the company has stopped operating for the foreseeable future...
Sacked Meta employee slams CEO, asks ‘Has Mark Zuckerberg taken a pay cut?’
A senior technical recruiter at Meta in the US was let go during the second round of layoffs, while on maternity leave...
Mark Mobius vs China puts spotlight on country’s control over investment outflows
China has made a 'very significant' effort to allegedly prevent Mark Mobius from removing capital from Chinese-based stocks...
Conjuring opportunity from setbacks: Laid-off techies venture into start-up world
Start-up accelerator Y Combinator has seen applications increase by 20% in 2022, getting a total of more than 38,000...