Category: Global

Clariant plans 1,000 job cuts amid divestments

Clariant, a sustainable and innovative specialty chemical company, has announced its plans to cut 1,000 positions in service and regional structures as part of its rightsizing program. “The Group plans to rightsize regional organizations and service units in order to avoid remnant cost, thereby reducing complexity and increasing agility post the expiration of transitory service…

Biden administration may increase H1B visa limit

The newly elected Biden government in the US is all set to reverse earlier policies related to immigration, including increasing H1B visa limit. This comes as a pleasant news to tens of thousands of semi and highly skilled Indians who are currently working or planning to work in future in the USA.

ManyChat join hands with Facebook Messenger to help health organizations connect globally

ManyChat, a Chat Marketing platform, announced that it has partnered with Messenger from Facebook to connect the public to government health organizations and UN health agencies actively supporting COVID-19 response efforts. ManyChat is offering free Pro upgrades for the duration of the crisis and has built specific templates to help these health organizations effectively share…

Softbank backed satellite internet start-up OneWeb files for Chapter 11 bankruptcy, cuts jobs

OneWeb, the satellite internet start-up backed by Japan’s SoftBank Group, is filing for Chapter 11 bankruptcy. The company has since its inception launched 74 satellites and has 44 ground station to power its communication service using low earth orbit satellites. In their statement the company said that the Company and certain of its controlled affiliates…

Bob Iger exits as Disney CEO, Bob Chapek takes over

Bob Iger, has exited as CEO for The Walt Disney Company. The announcement was made by the company earlier this week. Post his exit as the CEO, Bob Iger will assume the role of Executive Chairman and will direct the Company’s creative endeavors, while leading the Board and providing leadership and guidance to ensure a…

Research platform Dealroom raises €2.75mn in Series A funding round

European research platform Dealroom recently announced that it has raised €2.75mn in Series A funding round. The round was led by Shoe Investments and Knight Venture Capital.  Founded in 2013 by Yoram Wijngaarde, Dealroom is an Amsterdam-based data and software platform, which shows worldwide intelligence about startups, innovation, and venture capital investment. Dealroom is used…

Here’s an opportunity to join Elon Musk at SpaceX

They are looking for people with a super hardcore work ethic, talent for building things, common sense & trustworthiness.For those interested in working at SpaceX, Founder and CEO Elon Musk put across an invite on Twitter to SpaceX’s career day being held at Boca Chica on on Feb 6, 2020 between 3 – 9 pm.…

Why is America’s iconic retailer Macy’s Inc. shuttering its stores?

Earlier this week, the iconic American department store chain Macy’s announced its plans to shut over 125 stores and cut down over 2000 jobs. The company has shut down its headquarters in Cincinnati and tech offices in San Francisco. These changes are a result of massive restructuring exercise underway at Macy’s to reduce their burden…

Platform enabling seed stage companies connect with angel investors.

Zero commission bank, Marquee Equity, has released its accredited investor platform, which helps seed stage companies get meetings with angel investors across the U.S. and internationally. “We have traditionally focused on delivering a stack that helps customers get in front of institutional investors. Doing this, we’ve been able to map out and provide access to…

Rockwell Automation and Schlumberger Announce Closing of Sensia Joint Venture

Rockwell Automation (NYSE: ROK) and Schlumberger (NYSE: SLB) has announced the closing of their previously-announced joint venture, Sensia, the oil and gas industry’s first digitally enabled, integrated automation solutions provider. The joint venture leverages Schlumberger’s deep oil and gas domain knowledge and Rockwell Automation’s rich automation and information expertise to address this fast-growing market. “Sensia…

MSCI Completes Acquisition of Carbon Delta

MSCI Inc., a leading provider of critical decision support tools and services for the global investment community, has announced that its subsidiary MSCI Barra (Suisse) Sàrl has completed its acquisition of Zurich-based environmental fintech and data analytics firm specializing in climate change scenario analysis, Carbon Delta AG (“Carbon Delta”). The agreement was originally announced on…

HireRight Strengthens Global Offering with Two Key Acquisitions in Japan and Australia

HireRight, one of the leading employment screening and verification company with a presence in over 200 countries, has announced the acquisition of J-Screen and PeopleCheck, the leading background screening providers based in Tokyo, Japan, and Newcastle, Australia. HireRight, headquartered in Irvine, CA, is one of the leading providers of global employment background checks, drug testing,…