The entire world has been impacted immensely due to the coronavirus pandemic, resulting in layoffs, leave without pay and witnessing the largest experiment of work from home in the world. Amid rising concerns for its employees, now the US auto major Ford has asked its 10,000 employees in India, except those in business-critical roles, to…
Tag: Coronavirus global impact
Covid-19 Pandemic: Ramco Systems unveils advanced facial attendance system embedded with temperature recording
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•The Ramco Innovation Lab in Singapore unveiled an advanced facial recognition based Time & Attendance System -RamcoGEEK, embedded with Temperature recording and IoT sensor doors to enable organizations move towards a ‘Touch -less’ attendance and workplace access, in the wake of the COVID-19 outbreak. COVID-19 has brought the focus back on ‘Hygiene’. With the Virus…
GoAir turns first airline to ask some of its employees to go on leave without pay
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•GoAir, India’s low fare carrier, turns the first airline in the country to ask its employees to go on rotational leave without pay amid massive disruptions caused in the aviation industry due to coronavirus. “The sharp decline in air travel that we are currently experiencing is unprecedented,” the airline said. GoAir has started a “rotational…
UCLA Anderson Forecast: 2020 recession arrives in the US
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•Revising a forecast published March 12, UCLA Anderson Forecast economists say the U.S. economy has entered a recession, ending the expansion that began in July 2009. The revised forecast, which incorporates data reflecting a rapidly changing U.S. economy, together with a review of the 1957–58 H2N2 influenza pandemic, is for the recession to continue through…
Ed-tech companies bridge the gap between learning and schooling amid coronavirus pandemic
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•As the world is battling with the novel coronavirus, the education system has come to a halt. Due to the pandemic, which has now spread to about 161 countries, schools and educational institutions around the globe are forced to shut. The decision to close these places was taken by the health organizations to prevent the…
Global Aviation Industry: Nearly 2 million seats affected between the US and Schengen countries by new travel ban
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•OAG, the world’s leading provider of travel data and insight, released its latest analysis on the global impact of the coronavirus on the air travel market. The Europe to United States travel ban will have far-reaching implications for the global aviation industry. The ban will affect 10.9% of all international flights and 16.9% of all…
COVID-19 Response: Cruise Lines International Association (CLIA) voluntary suspends US cruise operations
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•CLIA ocean-going cruise lines will be voluntarily and temporarily suspending cruise ship operations from U.S. ports of call for 30 days as public health officials and the U.S. Government continue to address COVID-19. “CLIA cruise line members are voluntarily and temporarily suspending operations from the U.S. as we work to address this public health crisis,”…
COVID-19 Response: OpenSesame offers free access to coronavirus preparedness and remote work training
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•OpenSesame, the global elearning innovator, announced unlimited free access to coronavirus preparedness and remote work training for any organization through 15 May 2020. The offer includes elearning courses in multiple languages on preventing coronavirus and other illnesses as well as working and managing employees remotely. “At OpenSesame, we strive to fully support our customers, and…
COVID-19 Response: Innoplexus opens its AI search platform Ontosight to medical researchers
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•Innoplexus AG has made its proprietary Ontosight AI search platform available to medical researchers around the globe to help fight the COVID-19 pandemic with immediate effect. The platform is already being used by researchers from Germany, USA, and India. ‘Flattening the curve’ necessitates health organizations to take on early measures focused on containment. Various countries,…
Tim Cook explains Apple’s response to COVID-19, promotes remote working and expands leave policies
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•Hyundai Assurance to US customers amid Coronavirus pandemic, launches Job Loss Protection Program
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•Hyundai Motor America, an advocate for making things better for its customers, is reinstating its Assurance Job Loss Protection program to support customers affected by the uncertain business and financial environment created by the coronavirus (COVID-19) pandemic. Hyundai will make up to six months of payments for new owners who lose their jobs and have…
Iotum offers free teleconferencing services to support social distancing in age of Covid-19
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•A Toronto-based firm, iotum, is offering a free upgrade of teleconferencing services to users in the world to help them cope with the disruptions of Covid-19. “Social distancing is the new norm in human relations during the pandemic, but we have the ability to allow meetings to continue without people meeting face to face,” company…
Mumbai-based ACG implements work from home policy in response to COVID-19
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•Exclusive: TravelTriangle lays off over 100 employees across departments, Coronavirus takes its toll
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•The travel industry has been in a soup since the coronavirus outbreak. With many countries closing their borders and visas getting rejected, the travel and tourism industry is getting severe blows. Start-ups, in travel aggregation and vacation planning, have seen their business almost coming to a complete halt in the last two months, and for…
India Inc and COVID-19: The battle for workplace safety
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•“Desperate times, call for desperate measures” When the first case of Coronavirus was reported, nobody expected it to engulf the whole world in fear, causing a recession-like situation. The pandemic has so far has claimed more than 4,000 lives worldwide and infecting 100,000 people. As we speak today, the virus has begun spreading in India…