After one of its employees tested positive for the novel coronavirus, IT major HCL Technologies have assured its other employees about their safety. According to a report by MoneyControl, the Noida-based company issued a circular to its employees informing about the happenings inside the company. As per the circular, which was accessed by MoneyControl, the…
Coronavirus is impacting the world economy at a much faster pace than imagined, forcing businesses to shut down, layoffs, forcing employees to take leave without pay and the so-called lucky ones are given work from home. In order to contain the spread of coronavirus, the government of India is adopting measures to promote social distancing.…
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…
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…
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…
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…
“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…
In an attempt to prevent the transmission of the novel coronavirus among employees, e-commerce company Flipkart has offered its employees work from home option for three days. The offer is preferably made available to young employees whose children are studying up to fifth grade. A Flipkart spokesperson said, “In addition, we are checking system preparedness…
E-commerce giant Amazon Inc recently announced that it has extended its work-home-home advisory to include employees in New York and New Jersey. The move is aimed at lowering the risk of coronavirus transmission among the employees. In an official statement, the company said, “We continue to work closely with public and private medical experts to…
Microsoft founder’s The Bill & Melinda Gates Foundation along with Wellcome Trust and Mastercard recently announced a new fund to accelerate technologies designed to identify, assess, develop and scale treatments to the COVID-19 epidemic. According to an official statement, The COVID-19 Therapeutics Accelerator will evaluate new and repurposed drugs and biologics to treat patients with…
The novel coronavirus outbreak has hit the tech and manufacturing industry severely with many companies shutting down factories, closing operations or shifting work out by asking employees to work from home. The outbreak has led to the world’s largest work from home experiment to take place. As the Washington State has emerged as one of…
Ride-hailing startup Uber Technologies Inc recently said that it will offer compensation to drivers and delivery people diagnosed with the coronavirus or placed in quarantine for up to 14 days. In an official statement, the company said that it has already started compensating drivers in some markets and is planning to implement the same benefits…
The novel coronavirus has engulfed the world in fear of its rapid spread and lack of medication. The virus which was first discovered in Wuhan City, China has so far claimed more than 3,000 lives and put at risk the lives of 90,000 people worldwide. As we speak today, the virus has entered India and…
British multinational bank HSBC recently sent more than 100 of its London staff home after a worker tested positive for the novel coronavirus. It is being reported that this is the first known case at any major company in the European financial district. As per an internal memo by CEO Noel Quinn, accessed by Reuters,…