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View all search resultsMicrosoft Corp's professional networking site LinkedIn said on Tuesday it would cut about 960 jobs, or 6% of its global workforce, as the coronavirus pandemic is having a sustained impact on demand for its recruitment products.
The United Arab Emirates (UAE) -- made up of seven sheikdoms including the oil-rich capital Abu Dhabi and freewheeling Dubai -- has become a hub for young professionals and a safe haven in a region blighted by political turmoil and poverty.But the pandemic has set in motion a global economic crisis that one study said could see some 900,000 jobs lost in the UAE -- among a population of under 10 million -- and force 10 percent of its expatriate residents to leave.
Vox Media, the owner of New York magazine, is laying off 6% of its staff, as it does not expect a rebound in publishing business to pre-COVID forecasts in the second half of 2020, according to an internal email seen by Reuters.
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